New River Retail REIT

The scheme comprises the provision of a total of 63 convenience store shells, all of which have already been leased by the Co-operative Group for a period of 15 years. 

The programme will go some way to achieving the Group’s aim of maintaining its position as the UK’s leading convenience retailer by opening around 100 new stores each year.

Once complete, the new units will provide an average of 3500m2 per site and will be a mixture of new builds and conversions, all individually designed to fit in with the local environment. The properties will be located across the country with a concentration in central, eastern and northern England. Works are scheduled to take place in a phased programme over the next two years.