JR Capital Sign New 10-year Lease with Marks and Spencer

December 2, 2024

JR Capital are pleased to announce we have signed a new 10-year lease with Marks and Spencer, for our store in Chepstow, Wales. This long-term agreement reaffirms the store’s position as a key regional hub, serving the local community and visitors to this affluent and picturesque town on the banks of the River Severn, just a 30-minute drive from Bristol and Newport.

The renewed lease reflects Marks & Spencer’s ongoing commitment to providing a high-quality retail offering in the region, aligning with evolving customer needs. As part of the agreement, new electric vehicle (EV) charging facilities will be installed in the store’s car park. This investment in ESG-compliant infrastructure demonstrates our shared dedication to supporting sustainable practices and enhancing the customer experience.

Marks & Spencer’s Chepstow presence has long been a cornerstone of the local retail landscape, offering a wide range of products and services. The introduction of EV charging stations ensures the store remains a forward-thinking destination for customers seeking convenience and sustainability.

In addition to the lease renewal, we will also be extending our existing senior loan with Ahli United Bank to secure long term funding.