Heritage Newark furniture retailer Holdens is to move to a purpose built out-of-town store next autumn and lease its existing town centre showrooms to one or more other retailers.

Holdens is planning to move to a 10,000sqft site at Northgate Retail Park in 2015, with building work expected to get under way in the spring.

The new two-storey building will also feature a coffee shop and marks the end of a 3–4 year search for new premises, according to md Jonathan Holden, who told local newspaper the Newark Advertiser that it was ‘too good an opportunity to miss’, and that it would make it much easier for Holdens’ customers to visit them.

He said they were targeting a 15 per cent rise in customers once the move had taken place. The change will see the end of three decades trading at its current site, which spans over 14,000sqft from Castlegate to Middlegate in Newark town centre.

Holdens, which can trace its furniture roots back to the 1800s, says it will retain its current landmark building but lease it out to another company.

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