Month: June 2017

AS Retail are delighted to have advised on two store acquisitions for BoConcept, the Danish contemporary furniture and homeware retailer, in Canterbury and Chichester.

In Canterbury BoConcept have taken a lease at 4-6 Orange Street, the former renowned Merchant Chandler site close Canterbury Cathedral. The property comprises a Ground Floor sales of 3,907 sq ft plus mezzanine. A long-term lease has been signed.

In Chichester the brand has taken a long lease on ground and first floors of Granada House, on Baffins Lane from Seaward Properties. The property sits behind Next, close to prime East Street, providing approx. 4,268 sq ft over the two levels with a new sales stair case being installed.

The grand openings will take place later this summer once the full fits are complete.

Andrew Shepherd at AS Retail who advised the on the acquisitions commented:

‘I am delighted to have secured these properties for BoConcept which follow on from the acquisition of the new Edinburgh store last year. The proposed fit outs will be stunning and will complement the character of both buildings. We currently have a number of other live requirements in major markets nationwide and please do not hesitate to contact me to discuss any suitable sites of between 3,500 – 6,000 sq ft’

https://www.boconcept.com/en-gb/

AS Retail have acted for Cards Direct’s in the acquisition of their Redhill store. This is the 4th new store this year, following openings in Northampton, Colchester and Haywards Heath taking their portfolio to 19.

The store is open and trading in The Belfry Centre, Redhill located opposite the brand-new H&M.

Cards Direct have plans for several more stores in 2017, with the roll out continuing in 2018.

Please contact Andrew Shepherd at AS Retail for a copy of the requirement brochure or to discuss any sites that might be suitable.

Tel: 020 7287 2155 or via email [email protected].

On behalf of a private property company client, AS Retail have let 23 Gabriel’s Hill to Esquires Coffee.

The Property comprises 1,832 sq ft ground floor sales, plus 823 sq ft of first floor ancillary accommodation.

The store sits in a prominent location next to the renowned footwear retailer The Golden Boot, close to The Mall.

Esquires Coffee has signed a long lease, undertaken a comprehensive fit out and opened for trade on 22nd June. They specialise in Fairtrade and organic coffee, brunch, lunch and afternoon tea.

Andrew Shepherd commented;

‘We are delighted to have secured Esquires for this prominent property, after an extended period of vacancy. The fit out looks excellent and has transformed the property from an eyesore to a place where the people of Maidstone will want to spend time’

AS Retail, the niche retail property advisory company, have been appointed to advise on the leasing at Lloyds Court in Central Milton Keynes which will provide a number of exceptional retail units.

Lloyds Court, located opposite The Centre:MK, is situated on the prominent corner of Secklow Gate and Silbury Boulevard. Totalling over 100,000 sq ft of accommodation, the building is scheduled to be refurbished for modern retail, catering or leisure use which will be suitable for two floors of trading.

The first floor offers fantastic window frontages and AS Retail are appointed to lease the units specifically on the primary Secklow Gate and Silbury Boulevard frontages. North Tenth Street, which caters predominantly for local and regional retailers, is to be rebranded as Lloyds Court Village where premises are principally marketed by Patrick Punch & Company.

There is a significant degree of flexibility in the floor plates available, with units varying in size from 1,000 – 30,000 sq ft. Rents are priced competitively, offering a significant discount to The Centre:MK and the town’s retail parks. Car parking is available immediately in-front of the property and units can be made available within a short time frame of terms being agreed.

Rob Jones, Director at AS Retail, commented: “We are delighted to be instructed on this exciting project in central Milton Keynes. It’s a great opportunity to be able to offer modern, well configured units within the town centre, without the restrictive occupational costs seen elsewhere in the vicinity. The visibility onto Secklow Gate and Silbury Boulevard really is impressive, and we believe this will prove a real attraction to a number of multiples.”

For further details on Milton Keynes, Lloyds Court click here.
Contact Rob Jones at AS Retail on 020 7287 2155, or [email protected] to discuss you requirements or request further information.