Category: News

AS Retail are thrilled to have been appointed as joint leasing agent at Ortongate Shopping Centre in Peterborough by Reef Estates.

Ortongate is an exciting new neighbourhood shopping centre of circa 225,000 sq ft already boasting a line-up whcih includes Wilko, Food Warehouse, Greggs, Co-op Foodstore and QD Stores with B&M currently fitting out and Anytime Fitness signed for a 2018 opening.

There is a vast amount of housing in the locality plus new developments in the pipeline as well as a school, leisure centre, health centre and offices.

We have a number of opportunities of various sizes for national, local and independent retailers across the use spectrum to gain representation in this improving location. Information on the scheme can be found at www.ortongate.co.uk

A fresh marketing brochure is being prepared but please register your interest with Andrew Shepherd or Claudio Palmiero on 020 7287 2155 or via email at [email protected] / [email protected].

 

Our feature property is the lovely retail or restaurant unit in lively Rochester (Kent) which is currently in the final stages of construction and will be ready for tenant occupation in January 2018.

It will comprise approx. 2,700 sq ft GIA on the Ground Floor with front patio seating plus the potential for a mezzanine floor of up to 750 sq ft. We are seeking offers in the region of £77,500 pax for the space with the mezzanine installed or rental offers of around £70,000 pax without.

It will be developed out to a shell specification potentially with a concertina style frontage installed.

Full details can be found via the property search.

We’ve been busy over the last few months and have concluded a number of exciting transactions. Highlights include:

Eastbourne – leasing 91 Terminus Road to Hotel Chocolat on behalf of Arcadia.

Coventry – concluding the Agreement to Lease with Poundworld to relocate and upsize to 8,000 sq ft within Lower Precinct Shopping Centre.

Berkhamsted – completing the leasehold acquisition of 198 High Street on behalf of Mountain Warehouse.

Stevenage – completing the letting of 67 Queensway to Barnardos on behalf of Knight Frank Investors.

Romford – completing the leasehold acquisition of Unit 17 The Mercury on behalf of Cards Direct.

Ipswich – completing an Agreement to Lease on behalf of Cards Direct to take a prime unit. Opening 2018.

Windsor – completing the lease renewal of a prime unit on Peascod Street to Robert Dyas on behalf of private clients.

Golders Green – completing two lease renewals of prime units to HSBC and Lloyds Bank on behalf of Church Commissioners.

We have lots of other exciting projects ongoing – more news to follow shortly.

 

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]

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.

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.

 

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/

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].

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’