Just for Pets - Retail acquisition and lease consultancy advice East Midlands, West Midlands and South West
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Client
PSR Trading Ltd, trading as Just for Pets
Sector
Commercial
Location
East Midlands, West Midlands and South West
How we helped
Retail
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@ Stuart Williams
Stuart Williams
Partner
0117 363 5693 email me about Stuart
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Stuart is a Partner and the Head of Carter Jonas’ Bristol office retail and leisure team. He has many years on experience in the retail and leisure sectors based from Bristol but operating across the UK. Stuart has focused on acquisition, disposal and consultancy advice for a number of national occupiers together with agency, development, investment for landlords, developers and investors.

I can provide advice on:

Just for Pets was acquired out of administration by Pedigree Wholesale Ltd, a Nottingham based established distributor of nearly 50 years in the pet industry.

The previously successful retail business had encountered trading difficulties after opening a number of unprofitable stores. 16 of the original 25 stores were chosen for acquisition and Carter Jonas advised on formalising new or re-gearing existing leases.

The stores were rebranded, refurbished and the business became profitable again, leading to a decision to expand the chain. Being an ‘essential retailer’ the business was able to trade throughout the COVID-19 pandemic.  

Carter Jonas is managing the acquisition programme and searching for new sites, including advising on deals to secure new outlets. The first new store opened at East Bridgford, followed by Stafford. A further store is now committed in Evesham and further stores are planned. Our professionals are currently seeking 3,500- 6,000 sq ft with parking in busy roadside or retail park locations. The search area is from Stafford to Bristol and east to Reading.