Property News - New stores for Argos

Developer Brookhouse Group has agreed two letting deals with Argos. At the Cables retail park at Prescot in Liverpool, the GUS subsidiary has agreed a 15-year lease at£118.40 per sq m on a 930 sq m unit. The deal means only one unit of 695 sq m remains available on the scheme, where tenants include Tesco, Focus DIY and JJB Sports. On the Heanor retail park at Heanor in Derbyshire, Argos has taken a 930 sq m unit on a new 15-year lease at£116 per sq m. Other operators on the scheme include Aldi, Poundstretcher, Peacocks and Brantano. King Sturge is the letting agent on both parks.