Retail News
FHP, Midlands Property Advisor of the Year 2006, have been instructed by Tesco Stores Plc to acquire stores throughout Nottinghamshire.
Ben Tebbutt, Partner at FHP, commented:-
“We are delighted to undertake work on behalf of Tesco which will predominantly involve the acquisition for their convenience store format. These tend to be units of approximately 4,000ft² located on busy arterial roads or within neighbourhood retail centres.”
He added “I have been involved in a number of Tesco deals over the past 2-3 years including lettings on Mansfield Road, Sherwood, Hucknall Road, Carrington and Gateford Road, Worksop.”
Mark Rogers, Acquisitions Surveyor at Tesco, commented:-
“We are delighted to have FHP acting on our behalf, and we believe that they will be able to use their extensive knowledge of Nottinghamshire in order to identify a number of suitable opportunities.”
Ben Tebbutt added “Tesco’s ideal requirements are for a store of 4,000ft² together with car parking for approximately 15 vehicles.”
Details of any sites that are felt suitable should be forwarded to Ben who is at FHP’s Nottingham office or by email ben@fhp.co.uk, telephone 0115 8411142.