News

@retail are delighted to have been appointed joint agents on Prince Bishops Shopping Centre alongside Jackson Criss. The centre occupies a 100% prime location in the centre of the historic cathedral city of Durham, with tenants including H&M, Next,
Boots and Costa.

Having re-let the premises in 2014 @retail have now acted for a private client in the sale of 34 Fore Street, Hexham. Investor demand continues to be high for strong market town locations in the North East, and a sale was arranged off market reflecting a Net Initial Yield of 5.43%.

Acting for private clients @retail have sold 106 Station Road in Wallsend to a local investor. Occupying a prominent corner position
in the centre of Wallsend the ground floor of the property was let to Ramsdens Financial, with residential accommodation on the upper floors. Contact Dan Turner for further information on our investment opportunities.

@retail have advised on the relocation of Greggs at St Lukes’ Terrace, Pallion. The street offers a good tenant mix and local
and national retailers with the new double width Greggs store occupying a prime location, and looking pretty good too!

Having successfully re-let the ground floor of this Grainger Street property, @retail have now acted on behalf of private clients in
the sale of the created investment. The property provided a secure
8 year income stream from The Royal British Legion.

Arnison Retail Park is the dominant fashion based retail park to the north of Durham Centre anchored by Sainsburys with other anchors including Next and M&S. @retail are proud to have acted for Muffin Break in successfully and negotiations leading to them swiftly assigning their lease to Card Factory.