Mothercare Secures Isle Of Wight Out Of Town Store

June 13, 2011

 

Cheval Property Advisers, advised by Edgerley Simpson Howe, has let an out of town retail unit near Newport, Isle of Wight to Mothercare.

The retailer has taken an 8,460 sq ft store (Unit 4A) on Carisbrooke Retail Park, to the west of Newport, on a new 10-year lease and will pay a stepped rent averaging £17.60 over the first five years.  Mothercare are relocating from their high street stores in Newport town centre in July this year.

The property was previously occupied by Island Premier Beds who vacated a larger store last year prior to the unit being subdivided and refurbished.  The adjoining sub-unit (Unit 4B) of 9,415 sq ft is now available and being marketed jointly by the landlord’s agents Edgerley Simpson Howe and Gully Howard surveyors.

Other occupiers on the 41,000 sq ft retail park are Argos and Sleepmaster.  Dreams and Carpetright occupy space opposite.

Harvey Spack Field represented Mothercare.

-Ends-

Latest News

REDEVCO APPOINTS NEW ASSET MANAGER FOR THE UK

February 12, 2025 - 14:08

Redevco, one of Europe’s largest privately-owned real estate managers, has appointed Lauren Chew as an Asset Manager in its UK team. She will be responsible for the asset management of Redevco’[...]

+ Read More

KLM REAL ESTATE APPOINTS TWO NEW ASSOCIATE PARTNERS

February 7, 2025 - 14:24

KLM Real Estate has promoted James Williamson and Henry Gittins to Associate Partner. James joined in 2021 and works in the firm’s retail and leisure agency team acting for landlord clients such as [...]

+ Read More

HATHAWAY DEVELOPMENTS SECURES THIRD PRIME DEVELOPMENT SITE IN 18 MONTHS

February 6, 2025 - 12:00

Hathaway Developments has secured its third logistics and life science scheme in 18 months further expanding its development pipeline to almost 200,000 sq ft with a GDV of approximately £10[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR