The last couple of years have seen a notable boom in the DIY & home improvement markets. While travel has been curtailed affecting confidence and availability of holidays, people have responded by investing in their homes. This has been supported further by the uplift in the housing market, especially that surrounding first time buyers which has seen a 20 year industry high. All those new home owners will of course be looking to stamp their own individuality on their new home resulting in increased demand for DIY and Trade suppliers.
One such established supplier to both the DIY and trade market is Toolstation whose existing stores located in Tunstall, Fenton and Newcastle-under-Lyme have recently been bolstered by their brand new outlet situated on Broad Street, Leek which opened for business just prior to Christmas 2021.
The premises following Halfords departure in March 2021.
Acting on behalf of the owners, these premises were brought to market by the Commercial Agency team at Louis Taylor Ltd following the former tenant, Halfords taking the decision to close down their operation and vacate in March of 2021. Comprising some 358 sq m (3,847 sq ft) GIA of detached ground floor retail space with designated customer parking to frontage the property is prominently located on Broad Street to the west of Leek town Centre.
Louis Taylor were very pleased to provide initial marketing advice along with handling the negotiations to agree terms and formalise legal work with the incoming tenant as well as working alongside Mr David Morris of respected building consultancy specialists Townsend & Renaudon in agreeing and project managing the required landlords facilitating works and tenant’s fit-out. The new branch is already trading well and providing the addition of 7 new jobs and we are confident it will prove a success and benefit to the community in Leek and surrounding areas.
If you are the owner of similar commercial premises and require advice whether in connection with an existing tenant or in securing a new occupant for your premises please do not hesitate to contact the Commercial team at Louis Taylor Ltd on 01782 260 222 or info@louis-taylor.co.uk.
Ian Cotterill, Director
T: 01785 339922
M: 07894 752306
E: ian.cotterill@louis-taylor.co.uk