News / Deals

Two prime retail investments acquired in Harrogate and Sheffield

Category: General, Latest Deals, 

FWB have recently acquired 7-10 Prospect Crescent in Harrogate for a private investor. The property, let to HSBC for a further 10 years is a spectacular building in the centre of this popular tourist town and provides a secure investment for our clients.

FWB have also acquired the freehold of the Next unit in Fargate, Sheffield on behalf of a property company. The Next unit is in a prime retail position on Fargate and will benefit from the proposed new Sheffield Retail Quarter scheme.

The Works renews at Market Gate Shopping Centre

Category: General, Shopping Centres, Valuations & Lease Advisory, Latest Deals, 

On behalf of Roubaix Asset Management, Martin Foster in our Lease Advisory team has recently completed the renewal of the lease to The Works for another 5 years.  The Lancaster scheme has recently been redeveloped and refurbished and saw the opening of the long awaited new Primark store in August. “The Works recognised the potential of the scheme even in the mist of the building work transforming the old market hall into the Primark store, and were eager to commit to another lease.  The Centre looks well set to capitalise over the next few years.” according to Martin.

Savers renews at The Gates Shopping Centre

Category: Latest Deals, Valuations & Lease Advisory, Shopping Centres, General, 

On behalf of Clearbell Capital Martin Foster in our Lease Advisory team has recently completed the renewal of the lease to Savers for another 5 years.  The Durham scheme is currently in the midst of its transformation to The Riverwalk retail and leisure destination anchored by a 6-screen Odeon cinema. “It’s great news that existing tenants can see the potential of the transformed scheme well over a year to completion and are looking to renew now” according to Martin.


Foot Asylum step into Sunderland

Category: Latest Deals, Shopping Centres, General, 

On behalf of AEW, Fawley Watson Booth have agreed the letting of a 2,500 sq ft prime retail unit to Foot Asylum strengthening further the centres fashion offer. 

Poundland, Carlisle relocation

Category: Latest Deals, Shopping Centres, General, 

Poundland have agreed to relocate to 35 Scotch Street on the external frontage to The Lanes.

Prime retail investment acquired

Category: Latest Deals, Investment, General, 

FWB have represented CCLA investment Management (on behalf of the LAMIT Fund) in acquiring 13-17 Coney Street, York. The property occupies a prime position on Coney Street in the heart of this historic City and is let to Waterstones Booksellers, 3 Store and Rituals Cosmetics. The acquisition at £7.6 mill showed an initial yield of 5.4%. 


More sweet stuff at Normanton for Napier Brown Sugar

Category: Valuations & Lease Advisory, General, Latest Deals, 

Martin has recently completed a lease renewal for Napier Brown on their 60,000 sqft Normanton depot, ensuring they’ll be processing the sweet stuff in West Yorkshire for another 10 years.


Leeds Trinity

Category: General, Shopping Centres, Latest Deals, 

‘Bubbleology, the Bubble Tea market leader, has now opened to great acclaim in Leeds Trinity. New additional units in Meadowhall, Ealing Shopping Centre and Milton Keynes will join well established units in Soho, Oxford Circus, Harvey Nichols in Knightsbridge and Bluewater. Fawley Watson Boooth are retained for shopping centres nationally and seeking London sites in zones 2 – 6 to expand throughout the country in all area of major foorfall.’ 


News from Washington Square, Workington

Category: Latest Deals, Shopping Centres, General, 

On behalf of clients, Scoop Asset Management, Fawley Watson Booth have recently completed lettings to Poundworld, Akitts Homewares and Yours Clothing.

New Lettings at The Bridges Shopping Centre

Category: Latest Deals, Shopping Centres, General, 

Yours Clothing acquisition of Unit 12, The Bridges Shopping Centre, Sunderland completes a run of new lettings including deals with Roman, eVapor, Swarovski, and Select for Fawley Watson Booth’s clients AEW.

12 in 12 at Corn Exchange, Leeds

Category: Shopping Centres, General, Latest Deals, 

Another successful 12 months letting activity at Leeds Corn Exchange by Fawley Watson Booth has seen 12 new lettings to tenants including West Yorkshire Cameras, Kate Worthington, Beadhive, Frank Taylor and Little Leeds Limited.

Lettings at the Lanes, Carlisle

Category: Latest Deals, Shopping Centres, General, 

Pandora and C & J Clarks have completed relocations to larger premises within The Lanes Shopping Centre, Carlisle joining recent lettings to International Watches, Paperchase, American Candy and Euro Change.  Fawley Watson Booth act on behalf of Shopping Centre owners F & C Reit.


Category: Latest Deals, General, 

Scarborough Sparkles 

On behalf of clients Fawley Watson Booth have acted in the re-letting of prime shop units at 1 and 20 Westborough, Scarborough to Pandora and Warren James Jewellers respectively. 

Party On ........

Category: Latest Deals, Valuations & Lease Advisory, General, 

Fawley Watson Booth have concluded the negotiations on behalf of the tenant to renew the lease on Party Town’s shop on Ecclesall Road in Sheffield.  Head of Lease Advisory Martin Foster confirmed that the tenant will benefit from a reduction in the rent from £22,500pa to £17,750pa – “the local students can look forward to buying their Freshers’ Week outfits for another few years yet”.

Party Town



Sunderland renewals

Category: General, Shopping Centres, Valuations & Lease Advisory, Latest Deals, 

Fawley Watson Booth can confirm that two more tenants have recently completed lease renewals at The Bridges Shopping Centre. Supernews and Lonsdale Boxing, both in external units on Market Square and Crowtree Road respectively, have both signed 5 year leases.


Head of Lease Advisory Martin Foster, who negotiated both deals for landlord Land Securities plc, commented “The Bridges has maintained strong occupancy levels throughout the downturn of the last few years, and the 5 year leases demonstrate retailers’ confidence in The Bridges as Sunderland’s pre-eminent shopping location as the economy moves into recovery phase”.

Fawley Watson Booth also act as joint leasing agents for the landlord.


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