Sweet success for local business expanding into new retail premises

A Newport based online company currently selling a wide range of imported America sweets and candy products amongst an even larger offering of treated sourced from overseas including Europe and as far as field as Australia, will be moving into a retail unit on Caerleon Road in Newport.

This is the latest of a series of leases and purchases negotiated by M4 Property Consultants for retail units located on the primary arterial routes into Newport.

Bossman’s Sweets and Treats has built up a strong online customer base since they opened for business. They have signed a three year lease for the shop which used to be the Tenovus Charity Shop to not only provide them with additional space to store more stock but to also provide customers with a shop front so they can buy their favourite treats in store.

Bossmans’s owner Jamal Murtaza explained that the company has experienced a continued increase in demand for the specialist sweets and treats they currently sell online and needed the additional storage space to fulfil orders. Mr Murtaza said, “We considered two options for the business. The first was to lease a unit on an industrial estate in the area and the other was to move into a retail unit with both a shop front and ample storage space. I have successfully owned JJ’s Convenience Store another business in the same area for two years and know how vibrant the area is in terms of footfall so when I saw the Tenovus charity shop was available I immediately enquired.”

Andy Homer, Chartered Surveyor, M4 Property Consultants negotiated the deal on behalf of the landlord. Commenting on the deal Mr Homer said, “Our client owns a number of shops on Caerleon Road so it was important to find the right tenant, who would offer something different to their other tenants. The property generated significant interest and when Mr Murtaza expressed an interest and explained his business plan, we knew Bossman’s Sweets and Treats would be an ideal tenant. The company has built a solid customer base and the size and location of the unit is perfect for Bossman’s.”

“We have seen an increase in the number of enquiries and completed leases for premises that are similar to this,” explained Mr Homer. “Retail units on routes including Caerleon and Chepstow Roads are attracting a lot of interest at the current time. Many retailers are focussing on neighbourhood areas with good access to residents. It is great to see these businesses focussing on their customer needs and to see these areas flourishing again. Hopefully, this will continue.”