EXCITING NEW INSTRUCTION IN READING

We are delighted to have been solely instructed to dispose of a prime retail property on Broad Street in Reading. The property occupies a fantastic position on the shopping street, sitting amongst a host of exciting national brands.

This instruction is confidential in nature at this stage, but we ask any interested parties to make contact for full info.

To discuss in detail please contact Rob Jones on 020 7287 2155 or [email protected]

Three more lettings at The Walnuts

We’re delighted to welcome Trespass, Cards Direct and Cow & Pig to The Walnuts Shopping Centre in Orpington.

The scheme is going from strength to strength following the recent addition of The Odeon Cinema and wider leisure quarter plus the investment in the centre by the landlord to improve the aesthetic appearance of the centre, entrances and car park.

For a scheme fly though Click Here. We have a number of immediate opportunities and asset management initiatives for occupiers to gain representation in this vibrant location.

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Exciting new instruction in Addlestone

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We are delighted to have been instructed alongside GVA on the leasing of Addlestone One: Surrey’s newest retail destination.

Anchored by The Light Cinema, the scheme includes a new Waitrose, Premier Inn Hotel, a gym and approximately 45,000 sq ft of new retail and restaurant space, in a range of configurations.

This exciting development is scheduled to open in early 2018 but we are pre-leading now.

Click here to view our leasing brochure and to discuss opportunities in detail please contact Rob Jones, Andrew Shepherd or Claudio Palmiero on 020 7287 2155.

 

Our Charity Day at Traid

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Our team enjoyed a charity day out this month helping at the Dalston store of our clients TRAID.

This is our second time volunteering and we were learning the processes from sorting and pricing donations to merchandising and helping customers on the shop floor.

We are delighted to have worked with TRAID for over 11 years, with stores across London in locations such as Camden, Clapham, Brixton, Peckham and Wood Green.

 

Roisin Brady Marketing Assistant at AS Retail Commented ‘We had a thoroughly enjoyable day working with Zita and her team at TRAID Dalston. It was exhausting but we really gained an insight into the practical workings of a large retail unit which will help with us providing advice to occupier clients’.

 

TRAID are an award winning charity working to stop wastage from the clothes industry, specialising in vintage and branded clothing with the proceeds going towards Aid and International Development. They have their own fashion label, Traid Remade, and more information on their activities, how to donate and volunteer can be found at www.traid.org.uk.

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BoConcept Expands

AS Retail are delighted to have advised on two store acquisitions for BoConcept, the Danish contemporary furniture and homeware retailer, in Canterbury and Chichester.

In Canterbury BoConcept have taken a lease at 4-6 Orange Street, the former renowned Merchant Chandler site close Canterbury Cathedral. The property comprises a Ground Floor sales of 3,907 sq ft plus mezzanine. A long-term lease has been signed.

In Chichester the brand has taken a long lease on ground and first floors of Granada House, on Baffins Lane from Seaward Properties. The property sits behind Next, close to prime East Street, providing approx. 4,268 sq ft over the two levels with a new sales stair case being installed.

The grand openings will take place later this summer once the full fits are complete.

Andrew Shepherd at AS Retail who advised the on the acquisitions commented:

‘I am delighted to have secured these properties for BoConcept which follow on from the acquisition of the new Edinburgh store last year. The proposed fit outs will be stunning and will complement the character of both buildings. We currently have a number of other live requirements in major markets nationwide and please do not hesitate to contact me to discuss any suitable sites of between 3,500 – 6,000 sq ft’

https://www.boconcept.com/en-gb/

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Cards Direct opens 19th Store

AS Retail have acted for Cards Direct’s in the acquisition of their Redhill store. This is the 4th new store this year, following openings in Northampton, Colchester and Haywards Heath taking their portfolio to 19.

The store is open and trading in The Belfry Centre, Redhill located opposite the brand-new H&M.

Cards Direct have plans for several more stores in 2017, with the roll out continuing in 2018.

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

Tel: 020 7287 2155 or via email [email protected].

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Esquires Checks into Maidstone

On behalf of a private property company client, AS Retail have let 23 Gabriel’s Hill to Esquires Coffee.

The Property comprises 1,832 sq ft ground floor sales, plus 823 sq ft of first floor ancillary accommodation.

The store sits in a prominent location next to the renowned footwear retailer The Golden Boot, close to The Mall.

Esquires Coffee has signed a long lease, undertaken a comprehensive fit out and opened for trade on 22nd June. They specialise in Fairtrade and organic coffee, brunch, lunch and afternoon tea.

Andrew Shepherd commented;

‘We are delighted to have secured Esquires for this prominent property, after an extended period of vacancy. The fit out looks excellent and has transformed the property from an eyesore to a place where the people of Maidstone will want to spend time’

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AS Retail Appointed on MK Central Block

AS Retail, the niche retail property advisory company, have been appointed to advise on the leasing at Lloyds Court in Central Milton Keynes which will provide a number of exceptional retail units.

Lloyds Court, located opposite The Centre:MK, is situated on the prominent corner of Secklow Gate and Silbury Boulevard. Totalling over 100,000 sq ft of accommodation, the building is scheduled to be refurbished for modern retail, catering or leisure use which will be suitable for two floors of trading.

The first floor offers fantastic window frontages and AS Retail are appointed to lease the units specifically on the primary Secklow Gate and Silbury Boulevard frontages. North Tenth Street, which caters predominantly for local and regional retailers, is to be rebranded as Lloyds Court Village where premises are principally marketed by Patrick Punch & Company.

There is a significant degree of flexibility in the floor plates available, with units varying in size from 1,000 – 30,000 sq ft. Rents are priced competitively, offering a significant discount to The Centre:MK and the town’s retail parks. Car parking is available immediately in-front of the property and units can be made available within a short time frame of terms being agreed.

Rob Jones, Director at AS Retail, commented: “We are delighted to be instructed on this exciting project in central Milton Keynes. It’s a great opportunity to be able to offer modern, well configured units within the town centre, without the restrictive occupational costs seen elsewhere in the vicinity. The visibility onto Secklow Gate and Silbury Boulevard really is impressive, and we believe this will prove a real attraction to a number of multiples.”

For further details on Milton Keynes, Lloyds Court click here.
Contact Rob Jones at AS Retail on 020 7287 2155, or [email protected] to discuss you requirements or request further information.

Rock Your Ride – CycleBar Launches

AS Retail are delighted to have been appointed by CycleBar to advise on their entry into the UK. CycleBar are the world leader in indoor cycling studios with over 70 locations in the US trading and a further 200 more in the pipeline.

The initial focus is to secure studios in Oxford, Cambridge or other South East commuter towns with all affluent Greater and Central London sites also considered. This will be followed by a wider UK roll out in 2018 and 2019.

Specifically we are seeking 2,800 – 3,200 sq ft ideally at Ground Floor with a minimum floor to ceiling height of 4.25m (14ft) to accommodate the unique amphitheatre studio. The sites will preferably be edge of town centre / roadside / retail park in affluent areas close to parking and complementary occupiers such as Waitrose or M&S Foodhall. Leasehold sites are preferred but freeholds will be considered.

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

Tel: 020 7287 2155 or via email [email protected].

Cards Direct Open Three New Stores

Cards Direct, advised by AS Retail, have acquired a further three new stores in the last month following a successful expansion drive that has brought the store portfolio to 18.

The greetings card retailer has opened new premises on Culver Street West in Colchester and within The Grosvenor Centre, Northampton. They are also in the process of fitting out their latest store in Haywards Heath which is scheduled to open in time for Easter. The recent acquisitions follow a series of high street and shopping centre openings for Cards Direct over the past 12 months which include Basingstoke, Canterbury, Southampton, Folkestone and Feltham.

Andrew Shepherd, Director at AS Retail commented: “These latest properties are superb additions to the portfolio and I am confident will prove to be excellent trading stores. We have a number of live negotiations but still plenty of capacity for further openings in 2017 with the roll-out planned to continue into 2018. We will be attending Completely Retail Marketplace at the end of April and would welcome a discussion with landlords and agents on opportunities. In the meantime, please feel free to contact me for the latest requirements list.”