Neptune Store Developments
Continued nationwide search for new Neptune furniture stores of 5-10,000 sq ft as part of the businesses expansion. Spaceworks proposed and is assisting with a property strategy based around site acquisition, combining a twin approach of some wholly owned and some franchised stores for Neptune which at the time was primarily a furniture wholesaler.
Spaceworks has been retained for many years to manage and expand Neptune’s property portfolio both in the UK and overseas. In this time Neptune’s estate has grown to 23 x stores and the relocation and centralisation of a 120,000 sq ft UK HQ and distribution centre in Swindon. The aim is now to find, acquire and build out circa 50 UK stores in the next 5 years.