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Retail News
FHP are pleased to confirm the letting of the former Thomas Cook on Front Street in Arnold to Robert Ellis Estate Agents.
Robert Ellis have leased 78 Front Street which comprises accommodation of 1,265ft² at ground floor with a further 1,314ft² at first floor, on a long term basis that will see them establish themselves within the residential market in the area.
With only a short spell on the market, FHP are pleased to deliver an excellent result for the landlord following the closure of Thomas Cook and subsequent decision by Hays Travel not to retain the property during the pandemic.
Oliver Marshall at FHP Property Consultants commented:-
“This is a fantastic letting for both the landlord and the tenant after the property became available again. The property has a highly prominent corner position on Front Street and is therefore perfectly suited for this use.”
Mark Philpott, Director of Robert Ellis said:-
“We are so pleased with the new shop in Arnold, we have been looking for space within the town to grow our patch further and when this property came up, it fit the bill perfectly. We have carried out a complete overhaul of the property and now have a fantastic high end estate agents office setting the groundwork for us to establish ourselves in the area.”
This letting follows a string of other deals completed in the town carried out by FHP showing the strength in the regional town market as we emerge out of the pandemic. Other recent lettings have included the letting of 4 Front Street to Poundland which was the former Argos, the letting of 8 Croft Road to exciting new business Brown Bird Bakery, and the letting of 126 Front Street to Dessert Doctor.
Furthermore, FHP are pleased to confirm that 70 Front Street is currently under offer with completion imminent and the former Santander at 84 Front Street is also under offer with interest secured prior to any formal marketing of the property.
Oliver adds:-
“I have done several deals in Arnold this year and it is exciting to see that there is still strong interest post pandemic. We have noticed that post pandemic people are still keen to support their local town’s retail provision especially the local independent operators.
The mix of tenants that we have carried out lettings to in Arnold is a good insight into what is happening across the country – there is a real quality combination of national, regional and emerging new businesses. This all helps to create a destionation that people want to visit. With more lettings to announce soon, we look forward to working with more landlords and tenants across Arnold and the rest of the Nottingham suburbs.”
If you are a landlord looking to lease or sell a property, or a tenant with a requirement, please get in touch with Oliver Marshall at FHP to discuss on the following contact details – 07887 787 885 or email oliver@fhp.co.uk.