Sweet deal for M4
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by Dan Smith
- 31st December 2020
- Deals Done
- 0
M4 Property Consultants are delighted to have recently secured a tenant for 165 Caerleon Road, Newport.
The new tenant is Bossmans Sweets and is a sweet shop selling a wide range of imported America sweets and candy products among an even larger offering of treats sourced from as far as field as Australia. The business has built up a strong online customer base and has now signed a three-year lease for the former Tenovus charity shop on the popular shopping street. The move will not only provide them with additional space to store more stock but to also provide customers with a shop front so they can buy their favourite treats in store.
This is the latest of a series of leases and purchases negotiated by Newport-based M4 Property Consultants for retail units located on the primary arterial routes into Newport.
Commenting on the letting. Andy Homer of M4 Property Consultants said: “Our client owns a number of shops on Caerleon Road so it was important to find the right tenant, who would offer something different. The property generated significant interest and when Mr Murtaza expressed an interest and explained his business plan, we knew Bossman’s Sweets and Treats would be an ideal tenant. The company has built a solid customer base and the size and location of the unit is perfect for Bossman’s.
“We have seen an increase in the number of enquiries and completed leases for premises that are similar to this,” explained Mr Homer. “Retail units on routes including Caerleon and Chepstow Roads are attracting a lot of interest at the current time. Many retailers are focussing on neighbourhood areas with good access to residents. It is great to see these businesses focussing on their customer needs and to see these areas flourishing again. Hopefully, this will continue.”
