Property News - Dr Holiday to expand into south of England

Independent travel agency Dr Holiday is preparing to embark on an expansion programme south of the border, following the acquisition of a handful of stores needed to complete its Scottish portfolio.

The travel agency, which is owned by Strathmore Travel Group, formerly traded as Sky Travel and was rebadged as Dr Holiday last year. It trades from 15 stores and is seeking units in Inverness and Dundee, as well as second stores in Edinburgh and Glasgow.

Jones Lang LaSalle has been retained to coordinate Dr Holiday's acquisition programme. Senior surveyor Alan McNeil said: 'We are concentrating on towns in Scotland. Strathmore Travel is keen to acquire further units, and is under offer on several sites.'

Following the completion of the company's branch network in Scotland, Dr Holiday plans to expand into England, by opening up to 40 stores over the next few years. Shopping centre units will be sought, starting with London and the South.

McNeil said the travel agent was keen to acquire portfolios of stores.

Dr Holiday's expansion programme was given a boost late last year when the travel agent acquired six former DX Communications stores in Paisley, East Kilbride, Glasgow, Edinburgh, Falkirk and Aberdeen, following the mobile phone retailer's takeover by 02.

Harley Cowley represented 02 in the disposal of the Scottish stores.