Ellandi LLP, represented by international real estate advisor Savills, has completed four retail lettings at Idlewells Shopping Centre, Sutton-in-Ashfield.

Poundworld and Vodafone have both agreed new 10-year leases, with the former occupying an 8,633 sq ft (802 sq m) store at a rent of £90,000 per annum. Vodafone has taken a unit totalling 1,790 sq ft (166 sq m) and will pay an annual rent of £22,500.

Additionally, fashion retailer Blue Inc has agreed a new five-year lease for a 5,356 sq ft (497 sq m) store on a turnover deal while West Coast has taken a 3,601 sq ft (334 sq m) unit on a one year lease at a rent of £30,000 per annum.

Specialist shopping centre investor and asset manager Ellandi LLP, which is backed by Chenavari Investment Managers, purchased Idlewells from Helical Bar in December 2014. It is anchored by New Look, Argos, JD Sports, Specsavers and B&M and also houses the town's library and indoor market.

Steve Henderson, retail director at Savills, comments: "Idlewells Shopping Centre forms an integral part of the retail offer in Sutton-in-Ashfield and has gone from strength to strength in recent years. The new retailers will complement the existing tenant mix well."

FHP Property Consultants acted for Poundworld, DTZ acted for Vodafone and Brasier Freeth acted for Blue Inc. West Coast was unrepresented.

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