Trebor Developments LLP and Hortons’ Estate Limited JV, are developers for Princess Alice Drive Retail Park, Sutton Coldfield, have announced the letting of all remaining units, which had been speculatively developed by the joint venture, to a single occupier, Furniture Barn, for a major new furniture retail outlet which following fit out commenced trading in July.
Trebor/Hortons already had lets in place to American Golf and Greggs on two other units and were marketing the remaining 3 units, which have now been taken for single occupation, in this high quality retail development. Furniture Barn have installed a mezzanine, thus providing them with circa 20,000 sq ft of retail accommodation, the unit benefits from double height glazing and a high quality specification.
Bob Tattrie, Managing Partner of Trebor Developments, commented on behalf of the JV:
“The letting of all available retail space to quality occupiers at Princess Alice Retail Park, shortly after completion of the construction works on site, again demonstrates our belief that developing speculative space in excellent, quality, locations and to a high standard, will attract tenant interest and again provides justification for the decision to develop speculatively and be one of the few developers prepared to do so across the Midlands”.
Richard Kimbell, Managing Director of Furniture Barn, said: “I was delighted to open the new Sutton Coldfield store. This is the second store of the ten we wish to open this year and is an excellent location for us”.
Trebor/Hortons were represented by Bartlett Property and Gerald Eve, and Furniture Barn were represented by Space Retail Property Consultants.
