Month: November 2017

AS Retail are thrilled to have been appointed as joint leasing agent at Ortongate Shopping Centre in Peterborough by Reef Estates.

Ortongate is an exciting new neighbourhood shopping centre of circa 225,000 sq ft already boasting a line-up whcih includes Wilko, Food Warehouse, Greggs, Co-op Foodstore and QD Stores with B&M currently fitting out and Anytime Fitness signed for a 2018 opening.

There is a vast amount of housing in the locality plus new developments in the pipeline as well as a school, leisure centre, health centre and offices.

We have a number of opportunities of various sizes for national, local and independent retailers across the use spectrum to gain representation in this improving location. Information on the scheme can be found at www.ortongate.co.uk

A fresh marketing brochure is being prepared but please register your interest with Andrew Shepherd or Claudio Palmiero on 020 7287 2155 or via email at [email protected] / [email protected].

 

Our feature property is the lovely retail or restaurant unit in lively Rochester (Kent) which is currently in the final stages of construction and will be ready for tenant occupation in January 2018.

It will comprise approx. 2,700 sq ft GIA on the Ground Floor with front patio seating plus the potential for a mezzanine floor of up to 750 sq ft. We are seeking offers in the region of £77,500 pax for the space with the mezzanine installed or rental offers of around £70,000 pax without.

It will be developed out to a shell specification potentially with a concertina style frontage installed.

Full details can be found via the property search.

We’ve been busy over the last few months and have concluded a number of exciting transactions. Highlights include:

Eastbourne – leasing 91 Terminus Road to Hotel Chocolat on behalf of Arcadia.

Coventry – concluding the Agreement to Lease with Poundworld to relocate and upsize to 8,000 sq ft within Lower Precinct Shopping Centre.

Berkhamsted – completing the leasehold acquisition of 198 High Street on behalf of Mountain Warehouse.

Stevenage – completing the letting of 67 Queensway to Barnardos on behalf of Knight Frank Investors.

Romford – completing the leasehold acquisition of Unit 17 The Mercury on behalf of Cards Direct.

Ipswich – completing an Agreement to Lease on behalf of Cards Direct to take a prime unit. Opening 2018.

Windsor – completing the lease renewal of a prime unit on Peascod Street to Robert Dyas on behalf of private clients.

Golders Green – completing two lease renewals of prime units to HSBC and Lloyds Bank on behalf of Church Commissioners.

We have lots of other exciting projects ongoing – more news to follow shortly.