A safe bet for retail

Acting for Turner Investments, Lane Walker acquired the former Barclays Bank premises 131-133 Pinstone Street and 36-42 Union Street Sheffield. Subsequently, the vacant former Barclays Bank was sub-divided into two units, both of which were let on new 10 year leases, One to Betfred the multiple bookmaker and one to Amplifon who have 143 branches and 68 hearing care centres in the UK.

The surrender of the Reflex Records unit on Union Street was negotiated and this property was re let to Sheffield City Council for their Sheffield Homes division.

The letting of the entire building to three such strong covenents has added value to this freehold investment for our clients Turner's.