Smith Price have been retained by Caversham Finance, who trade as BrightHouse, as sole property advisors to the company following its takevover by investment firm, Vision Capital. The retailer, whose principal activities include the sale of home electronic and domestic appliances, household furniture and other related products, currently operates more than 150 stores across the UK having begun trading from a single outlet in Chelmsley Wood in Birmingham in April 1994.

 

The company employ in excess of 1,200 staff nationwide with expansion planned to continue. Indeed a number of new stores are planned during the next 12 months – such as the one that opened in Redcar recently - and Smith Price will assist in further acquisitions as well as other property matters.

 

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