HARRIS LAMB COMPLETES NOTTINGHAM POUNDSTRETCHER STORE DEAL IN JUST 12 DAYS
Forget the maids a-milking and the lords a-leaping; Harris Lamb’s Retail team has risen to a tricky 12 day challenge and turned it around in style – taking a Nottingham retail unit from inspection to launch to allow Poundstretcher to capitalise on the crucial Christmas trading period by opening its new and exciting trading fascia Bargain Buys.
The discount retailer has been on a roll with its expansion plans throughout 2018, and its latest Nottingham store, which launches this weekend, has been turned around record time.
Having identified the Trinity Place site for the chain, Harris Lamb oversaw an inspection on Tuesday 27th November before fit-out commenced. The shop will open at 10am on Saturday December 8th – making it an impressive 12 days from inspection to launch, including concluding the legal work.
The 13,300 sq ft shop occupies a prominent corner position over two floors, fronts Trinity Square and enjoys high levels of footfall.
Gerry Loughran, Property Director of Poundstretcher said, “Poundstretcher has opened 60 stores so far this year and aims to launch 94 stores by the end of March 2019.
“Our store opening pipeline is strong, but we have the ability to open stores quickly and make quick decisions on opportunities that are presented to us through our network of agents. We are delighted to be opening in Nottingham before Christmas.”
David Walton, Director at Harris Lamb said, “We were keen to accelerate this opportunity to ensure that the outlet benefitted from Christmas trade.
“We agreed the terms quickly and ensured that the legal work was complete to allow Poundstretcher’s occupation at the earliest opportunity.
“Contractors have already undertaken the shop fit and the store has been fully stocked for opening. Time was of the essence in this situation in order to maximise trade in this golden period of sales,” he added.
The store will be opening with a ribbon cutting ceremony and £3,000 of opening day giveaways.