Focus DIY rent deal

Published:  25 June, 2010

ALDERLEY EDGE: Property investment and development company Bluemantle has re-geared the lease of troubled home improvement chain Focus DIY on a 15 000 sq ft unit within the Congleton Retail Park.

Focus will pay a headline rental level of £18 per sq ft. Bluemantle has signed M&S Simply Food on a 20-year lease for a 15 000 sq ft unit.

Bluemantle developed Congleton Retail Park, which includes Laura Ashley, Carphone Warehouse, five years ago.

John Leighton, of Bluemantle, said: "We continue to work on asset management opportunities and have strong interest in the final remaining 4000 sq ft unit. We are also looking at developing the retail park further by building an additional 5000sqft over the next 12 months."

Retail parks remain in favour despite fears the retail park market could become overheated. Experts said parks priced correctly had sold and more than £200m worth changed hands or were placed under offer in the past week.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.