Acting on behalf of our retail clients Concept Living, the London and South East franchise partner for BoConcept, we have successfully negotiated the acquisition of a new Warehouse in East London.
Concept Living have signed a long term lease for a refurbished 12,000 sq ft warehouse and office space plus parking and yard at Stirling Industrial Estate in Dagenham.
This unit will be used for the storage and distribution of furniture plus ancillary offices functions with a comprehensive fit out taking place following the whole scale refurbishment of the building by the landlord. This acquisition will bring multiple sites under one roof improving efficiencies for the company.
BoConcept are one of the global leading furniture and lifestyle brands with over 300 showrooms in more than 60 markets including a host of stores in the UK. We have acquired a number of new stores over the past few years including Cheltenham, Exeter and St Albans but are retained to search for a showroom of between 2,500 – 4,000 sq ft in South East London & North Kent specifically Bromley, Tunbridge Wells and Sevenoaks and if you have anything you feel might be suitable please contact Andrew shepherd to discuss further.
Andrew Shepherd, Director at AS Retail who negotiated the deal on behalf of BoConcept commented “This is the third warehouse we have acquired for different BoConcept franchise partners over the last few years as we work with them across their estate to drive efficiencies as well as opening new retail stores. We are particularly pleased with this deal as it brings a number of different sites together under one roof and the facility will look fabulous once finished. A big thanks to the landlord team at Logicor and Kemsley who acted for them in getting the deal done and the initial refurb completed.”
