Investment News | 13 December 2022

Double deal secured with tool brands

Share this post:

Deals have been secured with two top trade-counter brands to take space at a business park.

Screwfix and Toolstation have both taken over the former Countrywide Country Store at Waterside Park, in Ashbourne.

The deal comes after planning permission was granted to allow the building to be split into two 4,400 sq ft units and for the permitted use to be changed.

Hugo Beresford, of Salloway Property Consultants, who represented the landlord, said: “We had a tenant lined up to take the whole building but the deal failed to materialise and so I advised my client that splitting the space was the way to go.

“Once that decision had been made, terms were quickly agreed with both occupiers.

“The planning process was not straightforward, but permission came through and I’m delighted to have been able to secure two high quality tenants for our client.”

Richard Pigott, of Planning & Design Practice, represented the landlord in respect of the planning application and Sharon Lowe, of Geldards, in respect of the lease documentation.


Related Articles...