Kout Capital successfully completes new lease to One Below to replace Poundworld Retail Limited in Wisbech Retail Park on behalf of investors

In August 2018, Poundworld’s business failed and they vacated their unit at Wisbech Retail Park. The discount retailer had previously occupied 7,549 sq ft of the 83,375 sq ft park. This failure was one of many CVAs and business failures present in the UK retail market over the last few years.

Kout Capital’s management was quick to engage a professional leasing team and were able to secure One Below, a discount retailer launched by Poundworld’s original founders.