Blacks moves into Leicester High Street
Property developer Barberry Group has let a total of 7,500 sq ft at 40-50 High Street, Leicester. The Outdoor Group, trading as Blacks, has leased the retail space following the departure of homeware retailer Habitat.
The property is a built retail unit spanning three floors, with the site formerly occupied by Habitat now split into four units. Blacks will lease the largest of the four units, which includes 2,700 sq ft on the ground floor and 4,800 sq ft on the first floor.
Work on site has recently been completed, and Blacks is now trading on the ground and first floors under a ten-year lease.
Martyn Cartwright, director at Barberry, said: “40-50 High Street is a prime retail unit in a superb location in Leicester, and we are thrilled to have attracted such a high calibre occupier into one of the units. We chose to split the retail space up into units following the departure of Habitat as the occupational market is currently stronger for smaller units, and this decision has clearly paid off with the letting to Blacks.”
Agents for Barberry were Richard Bidwell at BWD and Harry Ward at BNP Paribas.