UK
B&Q Disposals
Since 2002 Savills National Out of Town Retail Team have been advising B&Q on strategy and marketing of all their surplus trading space around the UK.
This has resulted in the disposal of in excess of 30 surplus stores, totalling over 1.1m sq ft of retail accommodation in England, Scotland, Wales and Northern Ireland. During this period a number of existing leases have been surrendered to Landlords and leases assigned or sublet to a variety of national retailers including; Currys, PC World, TK Maxx, Matalan, The Range, Dunelm and Toys R Us, together with a number of emerging retailers including Go Outdoors.
As part of the marketing strategy, Savills designed and implemented a bespoke B&Q Property website which is now the backbone of the on-going marketing process. This property website has directly led to the disposal of one surplus store to a regional retailer who sourced the site via a search engine for vacant retail warehouses. This is led by the London office and is jointly handled by the Edinburgh and Manchester offices.
View the B&Q Property website
CONTACT INFORMATION
Dominic Rodbourne
+44 (0)20 7 409 9945
drodbourne@savills.com