Sports Direct Anchors In Portsmouth

We are delighted to announce that the new 50,000 sq ft Sports Direct flagship store has opened at The Cascades Shopping Centre in Portsmouth.

AS Retail advised RPMI Railpen, the owner of The Cascades, in the letting which is one of the largest single regional lettings in the UK this year.

The former BHS store sits at the car park end of the centre close to TK Maxx, Primark, Next and H&M and will act as another anchor store to the scheme. Arranged over two trading levels and basement storage, the store houses the USC, Game Belong and Evans Cycles brands as well the primary Sports Direct format as a significant upsize from their previous home on Commercial Road.

Despite the wider issues in 2020, the addition of Sports Direct completes a solid 12 months at The Cascades which also saw the addition of Deichmann Shoes to the tenant line-up, a relocation of Claire’s Accessories and works to open up the central core to create sightlines, mall commercialisation space and a walkway through from the main mall to the anchor stores.

Andrew Shepherd, Director at AS Retail who conducted the negotiations on behalf of the landlord commented “The team at The Cascades are absolutely delighted to welcome Sports Direct to the scheme and we’re excited to be going into 2021 on the front foot. Please contact myself or our joint agents GCW to discuss leasing opportunities to join the line-up at this exciting retail location”.

EPB Lakeside Acquisition

AS Retail have advised Electric Playbox, the revolutionary immersive gaming brand, in the negotiation and acquisition of their third location at Lakeside Shopping Centre.

The site totals close to 4,000 sq ft over two levels and is located within The Quay, the newly developed leisure extension of the scheme which is home to Puttshack, Nickelodeon, Hollywood Bowl plus a number of restaurants.

Electric Playbox are also located in London and Manchester and offer families, friends and corporate teams an amazing digital experience immersing themselves in various adventures such as Alien Aptitude Test and Rescue The Royals. We can vouch for it being tremendous fun – get yourself booked in at https://electricplaybox.com/.

Andrew Shepherd, Director at AS Retail who conducted the negotiations on behalf of Electric Playbox in this deal commented “We are proud to have worked with Electric Playbox in the acquisition of their first three sites and have been excited to see the evolution of the brand over the last year. The latest fit out at Lakeside is sensational and we can’t wait to experience one of the new adventures”.