Building product and tool supplier Toolstation has secured agreements for three sites totalling over 15,000 sq ft in Chester, Lincoln and Leicester.
It has taken 10-year leases on 5,100 sq ft at Chester trade park in Chester, 5,700 sq ft off Tritton Road in Lincoln and 4,800 sq ft at Freemen’s Common trading estate in Leicester.
It has also confirmed that a further 21 sites across the country are currently under offer, which will add more than 110,000 sq ft to its portfolio.
It plans to open a total of 40 new trade counters as quickly as possible.
Philip MacLauchlan of Toolstation said: “All three sites were taken on 10 year leases which highlights our confidence in the market. The Chester site is in a well established employment, trade and retail area. The Lincoln site is a stand alone unit in a well established retail and motor trade area and required a refurbishment which was completed by the landlords. The Leicester unit, located in an established trade and employment area, was also fully refurbished by the landlord.”
annabel.dixon@estatesgazette.com
