CBRE Global Investors, acting on behalf of a pension fund client, and advised by Edgerley Simpson Howe, has relet the 10,000 sq ft former Conway Pine unit on Pelican Retail Park in Rayleigh, Essex.
Planning consent has been obtained and works have now started to subdivide the property to create two 5,000 sq ft stores for Pets At Home and Poundworld.
The retailers have agreed 10 year leases.
Curson Sowerby acted for Pets At Home while Francis & Co advised Poundworld.