|
Landlord's information
The Company
99p Stores Limited
Property Requirements
- 15 more stores required during 2008
- Prime / Good Secondary High Street &
Shopping Malls throughout the UK
- Ground Floor Sales: 3,000
- 6,000 sq. ft.
- Ancillary Storage: 1,500 - 3,000 sq. ft
- Freehold, leasehold and development opportunities
- Corporate transactions considered
Store Progress to Date
The first 99p Store had a hugely
successful opening in Holloway, London N7 on 18 January
2001 with over 3,500 customers visiting the store
in the first day of trading.
Since then, a total of 53 prime stores have been
acquired throughout the UK in the following locations:
|
Acton
Barking
Barnsley
Basildon
Birmingham
Boscombe
Bridgwater
Brighton
Camberwell
Camden
Catford
Chatham
Coventry
Dagenham
Dartford
Eastleigh
Edmonton Green
Erdington |
Forest Gate
Gloucester
Gravesend
Grays
Halifax
Hartlepool
Hemel Hempstead
Holloway
Hounslow
Ilford
Kingston upon Thames
Knowle, Bristol
Lewisham
Leytonstone
Liverpool
Liverpool - Belle Vale
Newark
Northampton
|
Nottingham
Norwich
Orpington
Reading
Romford
Sheffield
Slough
Southend on Sea
Sutton
Swansea
Swindon
Walsall
Walthamstow
Wellingborough
West Bromwich
West Ealing
Weymouth
|
Keys to Success
- Exceptional value
- Extensive branded product range
- Excellent shopping environment
The Development Plan
The first phase of the expansion
programme is to acquire 150 branches nationwide which
will represent sales in excess of £350M.
The company's Head Office is situated in Daventry
comprising 160,000 sq ft of warehouse space.
Backing from Barclays Ventures
In June 2004, 99p Stores announced
a major expansion of its business with support from
Barclays Ventures, the equity financing arm of Barclays
Bank.
Some Other Key Facts
- The issued share capital of the Company
is £8M.
- Annualised sales in excess of £100M
- The Company is currently attracting on
average over 2,000
customer visits per store each year.
- Like for like sales (2006/2007) are up
by 11%.
- Landlords are now viewing 99p Stores as
an anchor tenant due to the significant number
of customers it can bring to a location.
- Blue chip landlords to date include:
Barclays Bank
British Land
Cadogen Estates
Commercial Union Properties
Currys Group
GE Capital
Glanmore
HSBC
Land Securities
Littlewoods
|
Pro Logis
Prudential
Railway Pension Trustees
Sainsbury’s
Stanhope Pension Trust
St Modwen
Sun Life
The Mall Corporation
UBS Triton
Westfield Shoppingtowns |
Store Features
- Strong corporate identity
- Attractive store design and layout
- Focussed marketing and promotional strategy
- Sound management structure and staff training
procedures
- Advanced IT systems and EPOS
The People Behind the Brand
99p Stores was launched by the people
who owned the highly successful Whistlestop Convenience
Store chain (acquired by Select Service Partner),
which operates stores on mainline railway stations
and at major airports. Prior to this, they owned Europa
Foods (acquired by Tesco), which was one of the largest
high street convenience store businesses in London.
As a result, they have over 25 years experience of
operating successful retail companies.
For further details
Please contact Stuart Donnelly
Proteus Property
Myrtle House
Hampton Court Road
Hampton Court
Surrey KT8 9BY
Tel: 020 8943 1777
Fax: 020 8943 3880
e-mail: stuartdonnelly@proteusproperty.com
Download the 99p Stores Property Requirements click
here
Return to
the 99p Stores property page
|
