Savills, acting jointly with Barker Storey Matthews on behalf of the Barnack UK Executive Pension Scheme, has let Unit 7 at Lakeside Court on Kingston Park in Hampton, Peterborough to Capital (Hair & Beauty) Ltd.
The company, which was founded in 1954 and is now the UK’s largest independent supplier to hairdressers, beauty therapists and nail technicians has agreed to a new 10-year lease for a showroom and trade counter totalling 4,050 sq ft (376 sq m).
A total of 11,789 sq ft (1,095.19 sq m) remains available to let at Lakeside at a quoting rent of £8 per sq ft (£86 per sq m).
Edward Gee, Associate in the Business Space team at Savills Peterborough, comments: “Situated just off the Fletton Parkway, Kingston Park offers high quality, newly built trade counter units in a well established location, which is perfect for Capital. Interest levels have been extremely high and we are delighted with the success of this scheme so far.”
Mandy White, store manager at the new Peterborough branch, adds: “Personally I’m thrilled with the new challenge ahead and it’s great to be working with professionals and trade only customers. I know most importantly that our customers will love the professional ranges in our easily accessible new store.”
Capital currently has 40 cash & carry stores throughout the UK and Ireland, selling a wide range of products including hairdressing scissors, hair colour, styling, care and electrical products.
Capital (Hair & Beauty) Ltd was advised by Ward Hill Property Consultants.