Following the recent completion of refurbishment works at Marley Way, Banbury, we are delighted to announce that Toolstation have completed the letting of Unit G5.
The national trade tool and hardware supplier have signed up to a 10 year straight term for a new headline rent of £11 psf and will be launching a brand new format of store from the scheme.
Managing Director Jeff Hobby comments “We are delighted to have secured Toolstation on a pre let basis, as they will be a fantastic addition to the scheme.
Having bought Marley Way early in 2017, with average rents just above £5 per sq ft, we have managed to re position the asset from a tired, secondary industrial location to a top quality trade and retail pitch.
We now look forward to securing a tenant for the final remaining vacant unit and adding to what is a very strong occupier line up in the local area.
As ever, we continue to look for further opportunities in what remains a very competitive market.
Rapleys and White Commercial acted for Dunmoore with Adept Consultancy acting on behalf of Toolstation.