Stocks 26-04-19

The White Company and Haringtons grow with Sorbon Estates in Marlow

Sorbon Estates has agreed new leases to accommodate the expansion of two of its tenants on Marlow High Street, as national retailer The White Company and local salon Haringtons both strengthen their commitment to the town, demonstrating the ongoing importance of physical retail as both grow their portfolios.

The White Company has agreed to expand its existing 2,000 sq ft unit at 30 Marlow High Street by a further 1,100 sq ft, providing a significantly larger sales area for the store. First established in 1994 as a mail order business by Chrissie Rucker OBE, The White Company moved into physical retail in 2000 and has been open in Marlow since 2010.

The enlarged store in Marlow will sell a range of products including sheets, covers and pillows, home d├ęcor, dinnerware, fragrances, candles, furniture and clothing. The White Company will continue to trade throughout the refurbishment, with the extension also creating new opportunities in the retail units next door. The new 1,450 sq ft and 1,100 sq ft units will be marketed by Smart 4 and available from July 2019.

Separately, Haringtons, the award-winning group of hairdressing salons in the South of England, has chosen to increase its Marlow footprint and recently opened an upsized salon following a refurbishment.

Tamra Booth, Managing Director at Sorbon Estates, said: "These two expansions are a strong endorsement of the enduring appeal of Marlow as a place to live and shop, as well as the ongoing appetite for physical retail. The White Company started as a mail order business and has continued to expand its physical footprint over the last twenty years, while Haringtons has transformed from having one salon in 1984 to 12 today. While the way we live and shop has certainly changed in the last 50 years, this commitment demonstrates that despite negative headlines, there is very much a desire for physical retail that appeals to the local demographic and can play a role in building and driving community."

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