Q&A with Philip MacLauchlan, Lead Agent for Toolstation

Name:

Philip MacLauchlan

Role:

Lead Agent for Toolstation & Managing Director of Adept Consultancy UK Limited



Who are Toolstation?

Toolstation is one of Britain's fastest growing suppliers of tools, accessories and building supplies to the trade, home improvers and self-builders.

How many units do Toolstation currently have?

We currently have in excess of 600 units trading or under development.

Target locations?

Yes, we have a target locations list covering England, Scotland and Wales which is available by signing up at the Adept website.  The list is only indicative though and we will consider all towns/cities/suburbs with a direct catchment population of 20,000 or more and where not already represented. We can consider high profile stand-alone sites with good access or trade/DIY cluster locations.  We are also now trading in retail / High Street positions in central London and will also consider this format in other locations outside of the Capital.

How many new units are you targeting?

We opened 77 last year (2021) and will open more than 60 this year (2022) We already have a number of sites lined up to open beyond this in 2023.

Size requirements?

A standard trade counter unit will be 3,600  - 5,500 sq ft.  We also have a small format trade unit where we can open units with a ground floor area of as little as 2,700 sq ft if there is room for a two-tier racking system to be installed.  For the high street / retail units we need 4,000 sq ft preferably on a single floor but will also consider split floor opportunities.

Additional requirements?

All formats require car parking, easy access, signage opportunities,  and unrestricted trading and delivery hours

Planning consent?

B8 or retail for our High Street / retail format units.

Freehold or Leasehold?

Leasehold but can consider freehold

Recent openings or new units in the pipeline?

Recent openings include Petersfield, Leek, Swindon, Kingston-Upon-Thames & Highbridge.

Contact details:

Philip MacLauchlan

01392 927 928 / 07525 732 777

pjm@adeptconsultancy.net

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