Month: September 2018

Easy Coffee and 9Round are the latest two additions to Patrizia’s Walnuts Shopping Centre in Orpington which continues to go from strength to strength following £8 million of investment over the past three years.

9Round have taken Unit 73 totalling 950 sq ft and Easy Coffee have taken prominent corner Unit 69 totalling 1,150 sq ft within the re-modelled open courtyard Leisure Quarter at the Centre which is also home to a seven screen Odeon cinema, Premier Inn, Nandos, Bella Italia, Pure Gym, Creams and independent steak house Cow & Pig.

The Leisure Quarter opened in late 2016 and has been a huge success with Odeon reporting over 350,000 admissions per annum. The immediate vicinity now experiences all day and evening trade which has been boosted this year by the refurbishment and repositioning of the Market Square. Bucking the national trend, footfall, dwell time and consumer spend have all been increasing year on year.

Both of the main entrances onto High Street plus the 520 space multi-storey car park have benefitted from significant investment over the past 12 months with the aesthetics enhanced. The most recent project, costing over £350,000, has been the creation of new public amenities within the covered section of The Walnuts providing much needed facilities for the local shoppers.

The centre has also welcomed a host of other retail occupiers in the last 12 months including Yours Clothing, Trespass, Cards Direct, Julian Charles and Kitchenhaus with Easy Coffee planning to open a mall coffee operation within the covered section of the centre with a dedicated Kid Zone. These occupiers complement and strengthen the existing tenant mix which includes Wilko, Peacocks, The Entertainer, New Look and Argos, all of whom cater for the needs of the local shopper.

Only a few leasing opportunities remain for retail and catering occupiers to obtain representation within this improving environment.

Andrew Shepherd, Director at AS Retail one of the letting agents at The Walnuts commented ‘We’re delighted to welcome both Easy Coffee and 9Round to The Walnuts. They add to the vibrant tenant mix that has been created which coupled with the wider placemaking initiatives has consolidated The Walnuts as the prime retail and leisure location in the town. The Centre has become an important part of the community, being a place of which the local population can be proud of and want to spend time within.’

AS Retail and KLM Retail are the leasing agents on behalf Patrizia.

AS Retail are delighted to have been appointed by Muffin Break to advise on their expansion across the UK, focussing south of Nottingham.

Established 1989 in Queensland, Australia, Muffin Break operate from over 300 stores worldwide offering not only a variety of delicious coffee, muffins and cakes, but also freshly made sandwiches, wraps, quiches and much more.

After successfully opening 61 sites within the UK, we are now seeking 1,400-1,800 sq ft in Shopping Centres, food courts or inline units with high footfall and a possibility for outside seating are sought.

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

We are delighted to welcome Will Stone to the team at AS Retail, who joins us after completing his Masters degree in Real Estate at Sheffield Hallam University. Working alongside Andrew Shepherd, he will be working on the acquisition programmes of several occupational clients such as CycleBar, Cards Direct, Quiznos and BoConcept as well as assisting on the leasing of various shop units.

AS Retail are delighted to have been appointed by Quiznos UK to advise on their expansion within London & The South East.

Quiznos operate from over 1,000 stores in 30 countries being one of the global leaders in toasted subs plus offering a wider menu including salads, wraps, soups, coffee and cakes.

After successful openings at The Glades in Bromley, The Mall in Luton and The Treaty Centre in Hounslow, we are now seeking 300 – 1,000 sq ft in major Shopping Centres. Food Courts or inline units in busy, but quirky locations are sought and regional Malls nationwide will be considered.

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