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Council Pension Fund Expresses Interest In Rugby Homebase Store

Homebase info sign shutterstock_1157059060 725 x 500.jpg

Plans have been submitted to Rugby Borough Council suggesting that the town's Homebase store be split into two units, "to provide a new foodstore and retained bulky goods unit with reconfigured mezzanine."

Documents filed on behalf of the applicant - Nottinghamshire County Council Pension Fund, c/o Aberdeen Standard Investments - indicate that a 'discount food operator' could take over half of the unit, which is located on Technology Drive Retail Park in the town.  

The planning documents state: "The long-term occupancy of the existing unit is clearly uncertain and there is a clear threat that the existing unit, which occupies a well-established and prominent location in Rugby, will become vacant, lead to job losses and make no positive contribution to the local economy."

The planning application can be found here.

Source : Insight DIY Team

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14 August 2020

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