Health food chain Holland & Barrett is planning a major expansion at its national headquarters on Eliot Park in Nuneaton, Warwickshire.
The company has teamed up with private Coventry-based developer Deeley Group for a 48,437 sq ft extension and has submitted a planning application for the Robothams Architects-designed scheme.
Earlier this month, Holland & Barrett announced that it is planning a £51.5m sale and leaseback of its UK HQ and distribution centres in the Midlands.
The retailer appointed Colliers International and CBRE to find a buyer for its national HQ on Eliot Park and a pair of sheds in Burton-upon-Trent at a price reflecting a 5% net initial yield.
The retailer will sign new 25-year leases on the buildings, which also comprises 400,000 sq ft of distribution space.
The portfolio commands a rent roll of £2.7m.
