Month: September 2020

AS Retail have been instructed to assist award winning Latin American dining chain Rico Sabor with the acquisition of their next restaurant.

Rico Sabor opened their stunning flagship Rochester restaurant in 2019 following the success of their first venue in Gravesend. Both are warm and welcoming places, bringing the best fusion of the most loved dishes from Spain and Latin America including a tasty selection of Tapas and Paellas. It’s delicious!

We are seeking a site which meets the following criteria:

Affluent & Attractive area
London / Essex / Kent / Sussex
2,000 – 3,500 sq ft
Outside seating of benefit
Former restaurants with extraction of interest

Andrew Shepherd, Director at AS Retail commented “We leased Rico Sabor their wonderful restaurant in Rochester and are delighted to be instructed to assist them with their expansion plans. The food and ambience is terrific with the venue proving to be highly popular, indeed probably the busiest place in town. Rico Sabor will be a super addition to any town’s dining offer and we look forward to working with them in securing their next restaurant.”

Please contact Andrew Shepherd or Ellie Oldershaw to discuss any opportunities that might suit.

 

AS Retail are actively seeking new showrooms for Danish premium retail lifestyle brand BoConcept.

BoConcept are one of the globe’s most recognisable lifestyle and furniture retailers with showrooms in over 60 countries worldwide and 16 in the UK.

We are specifically seeking further UK stores in York, Leeds (pop-up), Cambridge and Exeter (other locations considered) meeting the following criteria:

Size: 3,500 – 4,000 sq ft, preferably over one trading level.

Internal Width: minimum 30ft, optimum 40 sq ft

Pitch: Just off prime, good secondary, out of town/roadside.

Spec: Fitted or landlord willing to enhance the spec to a ‘grey box’.

Please visit their website https://www.boconcept.com/en-gb for more information.

Andrew Shepherd, Director at AS Retail commented “We have been working with BoConcept for five years and have acquired a number of their recent openings including Edinburgh, Bristol, Chichester and Canterbury with a further flagship showroom in solicitors hands. We are excited to be assisting the brand in their expansion into further markets and look forward to receiving information on suitable properties shortly.”

Please contact Andrew Shepherd or Ellie Oldershaw with details of any opportunities.

AS Retail are delighted to have been appointed as joint letting agent with Bruce Gillingham Pollard in the leasing of the stunning Tunsgate Quarter in Guildford.

The extensive redevelopment of the Tunsgate Quarter was completed in 2018 and provides the premium shopping and leisure destination for Guildford. Retail brands represented include Nespresso, The White Company, Seasalt, Penhaligons, Bobbi Brown, OKA and Loaf with the dining offer being led by The Ivy, Cosy Club and Pho.

We are also pleased to announce that Gails will be joining the line up shortly.

We have a number of exciting opportunities for high quality and destination brands to join the line-up with stores ranging in size from 600 sq ft to up to 5,000 sq ft. We have a prime High Street facing unit with large return frontage into the mall, a hugely prominent unit on Tunsgate where the first floor space provides views over Guildford Castle and which would be ideal for a restaurant or retail showroom as well as internal units, two of which are fitted and ready for immediate occupation.

Please feel free to contact Andrew, Charmi or Ellie at AS Retail or our joint agents BGP to discuss availability at the Tunsgate Quarter.

AS Retail are excited to announce that our clients Jetts Fitness have signed for their 10^th UK studio and 3^rd in London.

Jetts have acquired a lease for a brand new studio in South West London, which will complement the existing sites in Clapham and Colliers Wood, with fit out commencing shortly and opening scheduled for late autumn. The studio will sit on Brixton Hill close to the Tulse Hill area and will provide approx. 5,200 sq ft as built over a single level. There are plans to extend the property to increase the floor space to over 6,000 sq ft shortly.

AS Retail are aggressively looking for suitable space for Jetts with a number of club owners financed and ready to take new sites this year of between 5,000 – 8,000 sq ft, ideally over a single level but two levels can be considered.

The recent change in planning policy greatly assists in our roll out as a change of use will not be required to convert properties from shops, restaurants or offices to our Gym use.

Please contact Andrew Shepherd or Ellie Oldershaw if you have anything you feel might be suitable.

 

 

 

AS Retail are delighted to announce the appointment of Ellie Oldershaw as Associate Director having served as a consultant for the past five years.

Ellie has extensive experience in the lease advisory sector working with numerous landlord and occupier clients in shaping their portfolios, offering strategic advice and assisting with their lease events. She has been instrumental in securing substantial savings for a number of our occupier clients during the last six months by agreeing various forms of ‘Covid-deal’ and is working with a number of clients in looking to restructure leases in order to find win-win situations and create sustainable lease terms going forward.

In her new role she will be charged with growing the important lease advisory function which we believe helps the AS Retail team deliver joined up advice to our clients, whether they be Institutional investors, private landlords or occupiers – big and small. Ellie will also be working on various agency projects including acquiring new sites for a host of our active occupiers such as Jetts Fitness, Gong Cha and Cards Direct to name but a few, where her knowledge of lease terms and tenacity will be a crucial factor in the aggressive roll out programmes they have planned.

Andrew Shepherd, Director at AS Retail commented ‘Ellie has been a vital part of our set-up for five years giving our clients expert and honest advice throughout; we are delighted that she will be taking a more senior role within the business as we grow, despite the uncertain times we are all currently facing.’