30 CONVENIENCE STORES REQUIRED BY FHP FOR CLIENTS THROUGHOUT THE EAST MIDLANDS

Retail News

FHP have been instructed to acquire convenience stores throughout Nottinghamshire, Leicestershire, Derbyshire and Lincolnshire on behalf of a major PLC retailer.

The aim is to acquire 30+ stores during 2013, either on a freehold or leasehold basis.

The sites need to provide a minimum of 2,500 sq ft of sales area with a minimum of 1,000 sq ft back-up storage accommodation.   In addition the sites need car parking for at least 8 cars or the benefit of unlimited on-street parking.

David Hargreaves confirmed that his client would also look at city centre retail outlets in prime locations where car parking was less of an issue.

Ideally the properties will be acquired on a leasehold basis, but if available on a freehold a number of developer clients would step in to purchase the site and develop out the unit for the retailer.

Any potential sites should be sent in the first instance to David Hargreaves (M: 07876 396003, E: davidh@fhp.co.uk).