Ivy Asia opens in Guildford

We are absolutely thrilled to announce the opening of the new, stunning Ivy Asia restaurant in Tunsgate Quarter, Guildford.

This restaurant, arranged over two levels with fabulous views over Guildford Castle, is situated on the prominent corner of Tunsgate and Castle Street, adjacent to their existing 9,800 sq ft restaurant which has been a huge success since opening in 2017.

Upon entering the venue, the breath-taking interior stands out with its pink and green semi-precious stone floors, sweeping staircase to the main restaurant level and, standing in the centre of the room is an amazing ornamental cherry blossom tree which hangs over part of the seating area.  It is a wonderful space to relax and enjoy the Asian, mouth-watering culinary delights on offer.

With award winning Gail’s, Cosy Club and Pho adding to the restaurant offer, Tunsgate Quarter also offers a premium selection of retail outlets which include Oka, Loaf, The White Company, Nespresso, Seasalt and Bobbi Brown.  We do have opportunities to join the line-up and please contact either Andrew Shepherd or Tim Butterfield for further information.

 

Gong Cha Scores a Hat Trick

AS Retail are excited to announce that last week our clients, Gong Cha, opened its latest outlet in the Royal Borough of Greenwich. The unit totals 1,400 sq ft and sits adjacent to Tesco Express on Creek Road, close to the eclectic covered market and Cutty Sark DLR Station.

Gong Cha are also scheduled to open their next site in Nottingham shortly – situated as part of Exchange Arcade the unit is duel fronted facing Primark and the busy pitch of Long Row, close to prime Clumber Street. Our clients are also about to begin fitting out their third store of the year in Leeds where they have acquired the former Caffe Nero on Merrion Street, being the prominent unit at the entrance to The Merrion Centre.

Gong Cha was founded in 2006 and they are today one of the most recognised bubble tea operators in the world with over 1,500 stores globally.

Andrew Shepherd, director at AS Retail commented “Greenwich is a fantastic and busy location for Gong Cha attracting a wide range of locals, visitors and tourists alike.  We are delighted to have also secured sites for our clients in Nottingham and Leeds. Watch this space for more details!”

AS Retail advised Gong Cha on all three acquisitions. Lewis Craig acted for the landlord of Greenwich, Box Property acted for the landlord in Nottingham and Savills acted for the landlord of the Leeds site.

Magna Square Milestone

We are excited to announce that the newly improved Budgens is welcomed back to Egham and is the first store to opens its doors in the beautiful, mixed-use development scheme at Magna Square.

The unit, totalling 3,400 sq ft of space over ground floor only, sits on a prominent corner on High Street and Station Road North, linking to the main boulevard of the development.  Trading 24/7, it will be a great addition to the town and frames the entrance to Magna Square.

Three of the remaining four spaces are now under offer with only one restaurant unit now remaining – it is a superb space of 3,300 sq ft, with three sides of frontage, pavement seating (subject to licence) and sits directly opposite the new four screen Everyman Cinema.

Andrew Shepherd, Director at AS Retail commented “The opening of this fantastic, brand new Budgens store in Magna Square Egham is a great achievement and, with announcements being made very soon of other new commercial tenants who will be joining the line-up, these are very exciting times ahead for this town.”

If you would like further information on the last unit available please contact Andrew Shepherd or Tim Butterfield.

Welcome Hugo

We are delighted to welcome Hugo Mackichan to the AS Retail team.

Hugo joins from Rendall & Rittner having completed the undergraduate Real Estate course at Oxford Brookes University in Summer 2021.  He will be working alongside Andrew and Tim in assisting them to deliver our continued high-quality service to our clients across our portfolio.

Hugo will be primarily working with our occupational clients in their exciting acquisition programmes and asset managing their estates.  Specifically he will be working with Jetts Fitness, Cards Direct, Gong Cha, Traid and BoConcept.

Andrew Shepherd, Director at AS Retail commented “We are pleased to welcome Hugo to AS Retail.  He has great enthusiasm and will quickly become an essential member of our team.”

 

Terra Brazil opens in Addlestone

AS Retail are thrilled to announce that regional Brazilian restaurant, Terra Brazil, have opened their second UK restaurant in 2,750 sq ft of space in Addlestone One.  The restaurant sits in The Lane adjacent to Esquires, The Light Cinema and in close proximity to Nandos, Smith & Western, Mooboo, Boots Opticians, Holland & Barrett and Anytime Fitness.  The development also provides a Premier Inn and Waitrose plus over 200 dwellings, 370 plus dedicated car parking spaces and the Local Council offices.

Andrew Shepherd, Director at AS Retail commented “We are very excited to see this restaurant opening here which enhances the critical mass of catering and leisure offer in this corner of Surrey, adding a further draw to Addlestone One. We are progressing two other lettings with announcements in the New Year but still have a couple of catering or leisure units remaining on The Lane and a retail showroom on Station Road.”

If this scheme is of further interest to your clients, please do not hesitate to contact Andrew Shepherd or Tim Butterfield to discuss further availability.

Hammersmith – fitted coffee bar To Let

AS Retail have been appointed to let a fully-fitted café which sits on the ground floor of the ten-storey Metro Building in Hammersmith.  With its prominent location the Metro provides 110,000 sq ft of contemporary and vibrant office space, containing a mixture of co-working and private offices and a host of amenities.  To the rear of the ground floor there is easy access to an attractive landscaped area with outdoor seating.

Rent on application; flexible terms will be considered.

Ellie Oldershaw, Associate Director at AS Retail commented “This is a great opportunity to take on a smart, fitted café in a strong location.  We’re happy to discuss flexible terms for the right operator.”

For further information please contact Ellie Oldershaw or Tim Butterfield.

Grimsby – large unit To Let

AS Retail have been appointed to let 19/21 Victoria Street West, Grimsby which was previously occupied by House of Fraser.

The store has dual frontage to Victoria Street West and Freshney Place Shopping Centre and sits adjacent to Poundland, Specsavers, JD Sports and in close proximity to Boots, Clarks, 02 and The Works.

Totalling some 92,000 sq ft, the store is available as a whole or on a split basis.  Arranged over five floors (three of which are trading) it comprises the following approximate areas, subdivision options are available upon request.

Our clients would consider selling the property – price on application.

Should you require any further information, photos or plans then please do not hesitate to contact Andrew Shepherd at AS Retail or, our joint agents, Metis Real Estate Advisors.

Cards Direct Turns 40

Our clients Cards Direct have secured two further stores taking the total number in their estate past 40.

With Christmas just around the corner, we are pleased to advise that they have now opened their new unit in Woking and their fit out in Leicester is advancing well. Cards Direct are an independent greetings card retailer selling a superb selection of British made cards along with gifts and accessories from their bricks and mortar stores and via their new transactional website at www.cardsdirect.co.uk.

Both deals fulfil long term requirements for these towns. In Woking they have taken the former Monsoon within The Peacocks Shopping Centre and in Leicester they have acquired the former Boots Opticians on prime Humberstone Gate, which forms part of the Haymarket Shopping Centre.

Andrew Shepherd, Director of AS Retail who conducted the negotiations on behalf of Cards Direct commented ‘These two acquisitions take us to five new stores for the year with further sites in the pipeline for early 2022 opening. Overall, we are seeking a further 10 units next year with the roll out continuing thereafter.”

If you have anything you feel might be suitable for Cards Direct, then please contact Andrew Shepherd or Ellie Oldershaw with the details.

Mo one for Movember

This year, Andrew and Tim at AS Retail are proudly participating in the Men’s Charity Movember and ‘Moing one’ in November.

Movember is the leading charity which supports men’s health globally focusing on mental health, suicide prevention, prostate and testicular cancer.  Since 2003, Movember has funded more than 1,250 men’s health projects around the world and transforming the way health services reach out and support men.

For more information please see the Movember website HERE – MOVEMBER and to make a donation towards our tASh Retail team fundraising target, please visit our page here – tASh RETAIL – MOSPACE.

Any donations are greatly appreciated.

Let’s hope Andrew and Tim grow a ‘Mo to Remember.’

Thank you