Isis Property has agreed two new lettings at the Newbury Retail Park in Berkshire. Next has taken the 10,000 sq ft (930 sq m) Unit 3 and Sports Soccer has signed up for the 745 sq m (8,000 sq ft) Unit 2, both on 15-year leases.
The Newbury Retail Park comprises 129,875 sq ft (12,065 sq m) of open A1 non-food retail warehousing, and produces an annual rent of more than£2.25 million. Tenants include Mothercare, Boots, Homebase, JJB Sports, Pizza Hut, Carpetright and McDonalds.
Isis Property has agreed to extend the park by 25 per cent following the acquisition of an adjoining 2-acre (0.9 ha) site. The extension will provide a further 38,500 sq ft (3,575 sq m) of open A1 non-food retail space.
Isis was advised by Knight Frank. Cushman & Wakefield Healey & Baker represented Sports Soccer.
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