News
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Markham Retail Park in Chesterfield acquired for Elstar
Acting on behalf of Elstar, Park Place Retail have bought Markham Retail Park in Chesterfield, let to ScS, Jollyes and Bensons for Beds, for a price reflecting around 9% NIY.
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Park Place Retail advised on acquisition of Banbury Cross Retail Park
Park Place Retal are delighted to have advised the buyer of the Banbury Cross Retail Park in Banbury. Having sourced this opportunity ‘off the market’, our clients have acquired a scheme extending to 180,000 sq ft, which is let to 19 national retailers and restaurants including DFS, Currys, Wren, Boots, Pets…
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Investment sale of retail warehouse portfolio adjoining B&Q stores
Park Place Retail are marketing this diverse 3 asset retail warehouse portfolio comprising Victoria Retail Park in Halifax, Armstrong Retail Park in Washington and Berse Road Retail Park in Wrexham. The portfolio has a WAULT to lease expiry of 6.3 years (5.7 years to break), a low average rental rate…
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Henry Elwess completes the London Marathon 2026
Despite the unseasonably balmy weather and a few niggles, Henry completed this year’s London Marathon and has raised a fantastic total of £5,329 for Alzheimer’s Society. Henry didn’t quite match the pace of Sabastian Sawe and said the last 10 kilometres were the worst thing he’s ever done, but he…
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Sale of St Margaret’s Retail Park, Swindon for over £12 million
Park Place Retail acted for the vendor; Paloma Capital, in selling this retail park to a fund advised by Clearbell Capital. The property incorporates an existing retail park let to Dunelm, Hobbycraft, Poundstretcher and Pets at Home, together with a development site of 4.5 acres.
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Waterstones open at Durham
Waterstones have opened on Arnison Shopping Park in Durham. The landlord, Realty, took a surrender from River Island of their 6,100 sq ft unit, and Waterstones have taken a new 10 year lease without a break. For further information on Arnison, contact: James Potter07770 930 777james.potter@parkplaceretail.co.uk
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Henry Elwess is running the London Marathon for Alzheimer’s Society
Henry is running this year’s London Marathon on Sunday 26 April to raise funds for Alzheimer’s Society, a cause close to his family’s heart. Alzheimer’s Society is the UK’s leading dementia charity and Park Place Retail’s charity partner for the year. One in three people will develop dementia in their…
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Boots open first retail park store for over 5 years
Boots have opened a new unit of 10,415 sq ft on Orbit’s Middlebrook Retail Park in Bolton. It is their first opening on a retail park since 2020. The store features a trading mezzanine, a first for Boots, with the mezzanine featuring a pharmacy, opticians and hearing care. Work has…
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2025 charity partner update
Sparkes Homes Sri Lanka (Supporting girls in Sri Lanka who are poverty stricken, abused, disadvantaged or at risk. | Sparkes Homes Sri Lanka), our 2025 charity partner, faced devastating 8 ft floods in November. While all the girls and staff were safely evacuated, almost everything inside was destroyed, so it was…
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We’re seeking a newly qualified surveyor to join our successful Retail Warehouse Agency team
Job Title Surveyor – Retail Warehouse Agency Location Park Place Retail LLP, 6 Kingly Street, London, W1B 5PF Employment Permanent, full-time, predominantly office based. Salary and Benefits Competitive plus pension and private health insurance. About Park Place Retail Park Place Retail is a leading specialist in retail warehouse property market…