A PROPERTY developer has bought two retails units in Windsor in the hopes to revamp the rear yard.

Sorbon Estates, a south east property owner and developer, has acquired two prime shops on Peascod Street.

The business purchased 131-133 Peascod Street from Aviva Pensions & Life UK for £2.889 million.

And the two units, let to Superdrug Stores Plc and Pavers Ltd, spans across ground and first floors with the upper floor of each being used as accommodation.

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The units include a large rear yard with development potential for multiple use which Sorbon Estates is currently exploring.

Mark Allaway, director of Sorbon Estates, said: “Sorbon purchases a diverse range of properties; we are currently taking advantage of depressed values within the retail sector to acquire further High Street retail units that offer scope for improvement or redevelopment.”

The shops are situated close to Windsor Royal Shopping Centre, Windsor Castle and Frogmore House.

Allaway added: “Windsor’s thriving high street makes it an extremely desirable retail location, home to a diverse range of brands, from high-end fashion to independents.”

Windsor attracts around 7.6 million tourists each year both the UK and overseas.

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Mr Allaway added: “131-133 Peascod Street is situated in what is considered to be the town’s prime retail pitch, so we are delighted to be able to purchase the property.”

The two stores will remain as they are, Sorbon Estates confirmed.