NG Fixes Toolstation’s Loughborough Expansion
9th November 2016
Toolstation, the multinational direct sale and online supplier of trade tools, accessories and hardware products, has expanded into Loughborough in a property deal brokered by NG Chartered Surveyors.
Toolstation has completed the lease of the 3,827 sq ft former Floors 2 Go unit located on the corner of Prince William Road and Jubilee Drive in a prominent position at the entrance to the Belton Park Industrial Estate.
Richard Sutton at NG has acted for the landlord since the property was first pre-let in 1994 to Autowindscreens.
“This unit has always been massively popular due to its prime position, so when it came to the market Toolstation were quick to secure a deal fighting off massive levels of competing interest. This deal goes to underpin both the strength of the market at the moment and of the location.”
Philip MacLauchlan, director of Adept Consultancy, acted for Toolstation.
“The opening of a new trade counter facility in Loughborough means that Toolstation has over 275 open or under offer throughout England, Scotland and Wales.
“We have a good working relationship with Richard and the NG team in what was a complex transaction with many issues resolved.”
Toolstation will join other major occupiers on Belton Park Industrial Estate included Wickes, B&Q,Topps Tiles, Aldi and Screwfix.