The BlackRock UK Property Fund has secured planning permission to let a shop to Marks & Spencer Simply Food at its Castlefields retail park in Wellingborough.
The retailer will open a 10,100 sq ft store in the former Allied Carpets store following the granting of consent for food sales on the site earlier this month.
M&S Simply Food has taken a 15-year lease with a stepped rent over the first five years averaging £19.40 per sq ft.
The retailer is expected to take possession in January to open during the spring.
M&S Simply Food will join other retailers on the park including B&Q, Dunelm, Pets At Home and Dreams.
Edgerley Simpson Howe & Indigo Planning advised BlackRock UK Property Fund; CBRE advised M&S.
annabel.dixon@estatesgazette.com
