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Hobbycraft

Hobbycraft is the largest arts & crafts retailer in the UK operating from 86 stores, with another 2 stores opening in 2016.  Hobbycraft are seeking another 10 new stores to open in 2017.

The business reported an EBITDA of £6.8 million and a turnover of £141.1 million for the year ending February 2015.  They offer a strong covenant; D&B 5A1.

Hobbycraft is selectively seeking new units with 7,000-10,000 sq ft of ground floor retail, sometimes including a trading mezzanine.  They require an open A1 planning consent (or restricted if the sale of craft goods is permitted) and prefer stores on retail parks with a softer tenant mix, or retail clusters in stronger towns.

Hobbycraft retains Wilkinson Williams for new out-of-town store acquisitions throughout the UK.

Requirements
For further information please contact:

Grant Imlah

T: 020 7317 3770 M: 07831 612077
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Mark Phelps

T: 020 7317 3773 M: 07899 995 888
Download VCard Email Mark