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CREW CLOTHING COMMIT TO THE HIGH STREET

December 3, 2020

Crew clothing

Premium British lifestyle brand, CrewClothing, have completed a lease of the former Laura Ashley high street space in Lincoln. The deal was brokered by Ben Taylor of SPACE-Retail Property Consultants, working jointly with James Lutton of Legat Owen.

Since the opening of the brand’s first store in Salcombe the coastal fashion brand has grown to 79 high street stores throughout the UK. Crew Clothing continues to acquire stores nationally, with the latest addition occupying a prominent property in the heritage city of Lincoln. To celebrate the opening of the new store, Crew Clothing will be offering a 30% discount on its Christmas edit as well as a free gift with every purchase over £75.

The letting to Crew Clothing is one of the latest high quality entrants to the city, following Lincoln Coop’s redevelopment of Cornhill Quarter, itself close to Crew’s new addition and a defining factor for the retailer. They join the likes of Hobbs, Whistles, Phase 8, The Botanist, Cosy Club and Everyman Cinema. The new Crew Clothing store is set to bring six new jobs to the city by 2021.

Acting jointly for the Landlord, SPACE and Legat Owen agreed terms with Crew within a few weeks of bringing the 3,333sqft property to the market. No. 310 High Street opened on the 2nd December, as government restrictions are lifted.

Ben Taylor of SPACE – Retail Property Consultants commented:

“The popularity of Lincoln is not surprising, combining world class heritage with a first-class retail offering. Crew join an enviable line-up in the city, made up of both national multiples as well as some great local and regional occupiers. Lincoln’s growing status as a university city combined with its popularity as a tourist hub makes it an attractive prospect for retailers and consumers alike. Both sides acted with a clear objective to get the deal done as quickly as possible, a process which was aided by all the parties involved including Ian Scott International who acted for Crew Clothing.”

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SPACE have let Unit 35 St Martins Shopping Centre to Alrodia Jewellers

December 3, 2020

Alrodia Jewellers

SPACE – Retail Property Consultants have let Unit 35 St Martins Shopping Centre to Alrodia Jewellers an independent high end jewellery retailer specialising in importing the finest quality jewels and diamonds from the Philippines.

The tenant has signed a new 5-year lease and will trade alongside existing occupiers including; the Bottle Garden, Giggling Squid, Mowlgi Street Food, Crafty, Kai and Just So Italian.

St Martins Shopping Centre has become a highly sought after destination retail location for quality independent retailers and restaurateurs since being acquired by Shearer Property Group in 2016.

Josh Porter at retained sole letting agents SPACE commented:

“this is a really exciting letting for St Martins which further supports the unique and complimentary tenant mix for which the Shopping Centre has gained a well deserved reputation for”

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Springfields Outlet and Leisure Reports Higher Spend Than Last Year, Post Lockdown

August 4, 2020

Springfields Outlet

  • Springfields last week recorded trading results up 2% on the same week last year
  • Results are a remarkable achievement for the UK retail sector
  • Footfall and sales have grown every week post-lockdown
  • This is on top of 15 years continuous growth since Springfields opened

 

Since reopening to the public on June 15th Springfields Outlet and Leisure in Lincolnshire has once again demonstrated its resilience. When comparing last week’s trading (week 30) with the same period in 2019, sales were up 2% from the 96% of stores reopened. 56% of like-for-like stores traded positively and 80% of those reported double digit percentage increases. Footfall and sales have grown strongly every week for the six continuous weeks post- lockdown. This is a remarkable achievement for the UK retail sector.

Set in 25 acres of beautiful gardens

Springfields award-winning gardens and leisure have also reopened, and the combined outlet and leisure offering has attracted back existing and new customers to this popular destination.

Strong brand presence

The ongoing opening of new higher-profile brands continues with Dune London opening later in the Summer with a high spec fit-out, joining brands like Radley, Joules, Jack Wills and Crew Clothing. This has all translated into high quality turnover with spend per visitor increasing by 11% year on year. Fashion, beauty, home and garden are all performing particularly well.

Ian Sanderson, Director at SLR which developed, and asset manages the scheme, said: “This is another great milestone at Springfields which was designed to be different some 16 years ago. The scheme has attracted visitors back strongly as we’re able to offer an appealing and spacious environment. This positive customer response, reflected by outstanding annual growth in the post lockdown environment, shows that shoppers are keen to return and fully enjoy the experience at Springfields Outlet and Leisure.”

Friday July 24th it became compulsory for customers to wear a face covering and this has been adopted easily by customers and stores alike. This is in addition to the excellent new movement arrangements in and around the stores, mall and gardens, which have been put in place swiftly and positively from reopening. Springfields has also enhanced the guest experience by adding a UK-first, Ubitrac PPE Outlet, with high quality PPE which is always offered to the NHS first, as their priority customer.

Highly appealing destination

Boasting more than 50 stores set in beautiful and award-winning, 25-acre Festival Gardens, the spacious outdoor destination is very well suited to our new retail norms, whilst providing an exceptional guest experience. Springfields attracts customers from a very wide catchment area from the Home Counties north of London, East Anglia and the East of England up to South Yorkshire, making this destination a popular day out. The green healthy space means customers stay longer and return more often, attracted by the safe shopping experience.

Springfields Outlet

These positive trading figures demonstrate the appeal of the destination’s increasingly attractive retail line-up. Springfields Outlet offers top retail brands such as M&S, Gap, White Stuff, Next, Skechers and Ernest Jones, giving plenty of choice for customers at up to 60 per cent off RRP throughout the year. This is complemented by the leading, premium Blue Diamond Home and Garden centre, children’s Adventure Land and extensive F&B.

Research by Ken Gunn Consulting shows that Springfields Outlet has the third highest market potential sales density of any outlet in the UK. Located in south Lincolnshire, the 45-acre retail and leisure scheme is on the junction of the A16 and A151, close to the junction with the A17, three major arterial roads providing easy access to Peterborough, Stamford, Nottingham, Lincoln and Kings Lynn. Springfields is just a 25-minute drive from the A1.

For more information contact
Josh Braid, Knight Frank, 020 7861 1176 josh.braid@knightfrank.com
Susan Harrison, Space, 0345 900 3900, susan.harrison@space-rpc.com Asset managed by SLR Outlets Limited
Owned by UBS springfieldsoutlet.co.uk/lettings

Springfield Outlet Logos

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38-46 GOOSE GATE, NOTTINGHAM

March 9, 2020

SPACE – Retail Property Consultants are delighted to announce completion of the unconditional sale of 38-46 Goose Gate Nottingham on Friday on behalf of a family prop-co.  The large mixed-use block is situated in the heart of Nottingham’s Lace Market and represented a rare redevelopment opportunity in one of Nottingham’s most sought after locations in the city centre, having dual access from Goose Gate and Woolpack Lane.  Following a short marketing campaign and receiving multiple unconditional and conditional offers, the property was sold in excess of the £1.25m asking price.  It was also good to work with the purchaser’s agent Ben Tebbutt at Box Property.  SPACE will be bringing forward further investment assets on behalf of the same prop-co in Notts, Leics and Northants in the coming weeks.

Please get in contact with Ben Taylor and Peter Leverett for further information.

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YORKSHIRE RETAIL OUTLET SCHEME WINS PRE-LETS FOR 50% OF SPACE

February 27, 2020

THE DEVELOPER OF A NEW RETAIL OUTLET SCHEME IN YORKSHIRE HAS REVEALED PLANS FOR THE FIRST £90M PHASE AND SIGNED UP HALF THE AVAILABLE RETAIL SPACE AHEAD OF ITS OPENING NEXT YEAR

Plans to build the leading outlet shopping and leisure destination in the North of England, Scotch Corner Designer Village, have been unveiled.  £90 million is being invested in Phase One which will comprise 92 retail and dining units across 250,000 sq ft.  The first 23 brands to sign-up include BOSS, Calvin Klein, Tommy Hilfiger, Adidas, Levi’s, Mint Velvet, Joules, Gap and Skechers. Located at Junction 53 of the A1(M), the scheme will be one of the most accessible retail and leisure destinations in the UK. Passed by more than 28.9m vehicles each year and with a wide catchment of 3.8m residents within a 60-minute drive time, annual footfall is expected to be over 4.

Plans for a second phase are expected to be submitted in the next six months and may include more retail and leisure space, a garden centre and a hotel.

Simon Waterfield, developer and co-owner of Scotch Corner Richmond, told Property Week that outlet villages had largely avoided the woes of high street retail.

“In the last five years, outlets have performed at 10 times the sales growth of standard centres,” he said. “Outlet model leases are base rent related with a turnover top-up. Base rents are kept at a sensible level and with the footfall we will attract, retailers do well in turnover, so we do well in rent.”

Waterfield added: “With no other major outlets centres within a 60-minute drive, and local towns providing a lower-priced fashion offer, we feel confident we will add to the appeal and prosperity of the region.”

Enabling and infrastructure works are under way at the site.

SPACE – Retail Property Consultants has been appointed by Scotch Corner Designer Village as sole leasing agent for Scotch Corner Designer Village.

For more information please contact Peter Leverett, Susan Harrison or Ben Taylor

 

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PLANS IN FOR OUTLET’S MAJOR JOB-CREATING EXPANSION

February 19, 2020

Building on the success and 15 years of consecutive growth, our client at Springfields Outlet announces plans for a major extension which will crate about 350 new jobs, 15 new stores and 3 restaurant/cafes.

Springfields Outlet is seeking permission from South Holland District Council to create about 15 new stores as well as three café / restaurant units.

The move comes after the outlet’s owner, Triton Property Fund, managed by UBS Asset Management, conducted a consultation last year.

The plans also include 236 additional parking spaces.

The improvements to Springfields Outlet are proposed on Camelgate, on the site of the NFU Mutual building and the car park next to Travelodge.

The NFU Mutual already has planning permission for new offices to be built on a new site next to Springfields.

If approved, the expansion will take the total number of people employed at the centre to about 1,000.

Ian Sanderson of SLR Outlets, who operate Springfields Outlet, said “Springfields has gone from strength to strength since opening over 15 years ago and I am proud that we can lead on this significant investment into Spalding.

“New high-quality retail and leisure space at Springfields Outlet will improve our offer to customers, cement our position as the leading shopping and leisure destination in the east of England, and create a large number of new jobs for local people.

Over many years, Springfields Outlet has invested heavily in new technology and innovative ways of advertising and promoting Springfields and the town.

“This planning application gives us a renewed opportunity to work with the council and traders to promote the town centre and a wider area”.

A decision is expected to be made by the council in the summer.

For more information please contact Peter Leverett, Ben Taylor of Susan Harrison.

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THAI RESTAURANT CHAIN GIGGLING SQUID OPENS IN LEICESTER

February 7, 2020

SPACE – Retail Property Consultants, advising landlords Shearer Property Group, are delighted to announce the arrival of Giggling Squid to St. Martins Shopping centre.

They will occupy the former Grillstock / Pizza Express unit within the heart of the square, joining Mowgli who opened within the scheme in September 2019.

Their arrival will add to the vibrant and eclectic mix of strong, independent retailers and restaurateurs including Bodega Cantina, Kai, Tonne, The Bottle Garden, The Zero Waste Store and St. Martins Coffee / Crafty Burger.

Giggling Squid will trade from c.2375 sq. ft. on the ground floor with additional balconied first floor seating.  Importantly, they will utilise the entrance not only fronting the main square but also the intricate entrance on Cank Street, helping to improve footfall all around St. Martins and The Lanes in general.

Martin Herbert of SPACE added: “It is now less than a week to go before Giggling Squid open their doors. With two nearby units being under offer to complementary food offers, St Martin’s is enhancing it’s reputation as the premier mid market shopping and dining quarter of the city.

For more information please contact Martin Herbert.

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SORBON ESTATES APPOINTS AWARD-WINNING RETAIL SPECIALIST SPACE FOR THE FINAL 17,500 SQ FT OF CHAPEL ARCHES

February 5, 2020

Sorbon Estates is pleased to announce the appointment of SPACE – Retail Property Consultants as sole letting agents on Waterside Quarter, Maidenhead which is the third and final phase of the Chapel Arches regeneration scheme in Maidenhead Town Centre.

The first two phases, Chapel Wharf and The Picturehouse are home to Bakedd, an independent artisan bakery, and trending dining concept, Coppa Club.

Phase 3 will see approximately 17,500 sq ft of new commercial, restaurant and retail space across nine units.  Construction is well advanced with the first block (Block C) comprising 6,000 sq ft / 3 units due to complete in summer 2020.  The next phase, (Block B), which will front directly on to the Waterway will be available in Autumn 2020 and the final phase (Block A) of another 3 High Street fronting units are due to handover the following year.

The whole Chapel Arches scheme together – Waterside Quarter, The Picturehouse and Chapel Wharf – brings to the town a total of 259 new homes and 30,000 sq ft of commercial space.  The arrival of Crossrail, expected to open at Maindenhead train station in 2021, will further improve the town’s connectivity, making it an even more sought-after place to live and work.

Ed Davidson, Senior Leasing Manager at Sorbon Estates, said: “This final phase will be the last piece of the jigsaw in creating an exciting new quarter in Maidenhead.  The mix of high quality residential and trendy retail and leisure operators will undoubtedly make this a very attractive area to live in as well as visit. Chapel Arches is breathing new life into Maidenhead, and we very much look forward to working with SPACE to ensure that it continues to offer an interesting and diverse tenant mix.”

Sorbon Estates was advised on the appointment by Nick Young and Co.

For more information please contact Martin Herbert or Josh Porter

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THE GYM – STECHFORD RETAIL PARK

February 4, 2020

The Gym has signed a 15 year lease on Unit G, comprising 7,500 sq ft at Unit G Stechford Retail Park in Birmingham. They will occupy the former Poundworld unit.

Stechford Retail Park comprises 104,090 sq ft with 602 car parking spaces. The retail park is home to Matalan, Home Bargains, Pets at Home, Peacocks, The Food Warehouse, Bensons for Beds, Argos, McDonalds Drive Thru and the recently signed B&M Retail for unit of 20,000 sq ft plus a new 5,000 sq ft garden centre.

Susan Harrison of SPACE – Retail Property Consultants comments “Stechford Retail Park is a strong retail park with a great mix of occupiers. We are delighted to have secured representation on behalf of The Gym here”

SPACE – Retail Property Consultants acted on behalf of the Gym Group.

For more information please contact Susan Harrison

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FORK-IN-CHIPS OPENS IN LOUGHBOROUGH

January 21, 2020

The new exciting concept Fork-In-Chips has been launched in Loughborough where they will debut their first store which opens tomorrow.  Fork-In-Chips have taken the former Greenwoods store at one of the most prominent corner positions within Loughborough town centre at 16/17 Market Place on a new 10 year lease.

Fork-In-Chips know that the humble chip is deeply loved and they love it too.  They have studied and mastered the art of chip making using oleic sunflower oil which is low in cholesterol and gives a better crunch while leaving the soft fluffy texture in the centre.

British potatoes, hand cut on the spot, triple fried, topped off with flavours from around the world and served piping hot in a cone and ready to eat!

SPACE – Retail Property Consultants acted on behalf of the Landlord, Glenstone Property Group.

For more information please contact Martin Herbert or Josh Porter.

 

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RUTLAND CYCLE OFFICE RELOCATION

January 21, 2020

SPACE are delighted to have secured new office space for Rutland Cycling at Burrough Court.

Burrough Court is a historic, family run business nestling in 1,200 acres of beautiful, inspiring wooded farmland in the heart of rural Leicestershire, offering contemporary offices, stunning meeting rooms, bespoke storage solutions, business units, hot-desking and virtual offices.

Rutland Cycling took a new 5 year lease on office 21.3 comprising 5,561 sq ft.

Rutland Cycling are a leading independently owned business with 12 stores selling road, mountain and E-Bikes from the world’s premium cycling brands.  SPACE are also instructed to find further store opportunities across the UK.

For more information please contact Rob Palmer

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THE WORKS, ALBION CENTRE, ILKESTON

January 20, 2020

SPACE is pleased to announce a raft of activity at The Albion Centre, Ilkeston.  Units 2-4 have recently been let to The Works who opened in time for Christmas.  This was followed by the completion of 2 lease renewals to Savers and Superdrug.  The Albion Centre is Ilkeston’s principle shopping centre anchored by a recently renewed and refurbished B&M store.  Other occupiers include Sports Direct, Tui, Costa, Cex, Shoezone, Farmfoods and Select.  The last remaining unit totals 1500 sqft at ground floor  with the same at first floor and will be available following a period of refurbishment in February 2020.

Interested parties should contact either Ben Taylor or Martin Herbert

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SPRINGFIELDS SHOPPING OUTLET REPORTS CHRISTMAS HOLIDAY SALES RISE

January 10, 2020

Christmas trading results from Springfields Outlet in Lincolnshire once again demonstrate its resilience as the leading shopping and leisure destination in the East of England having achieved 15 years of consecutive turnover growth.

When comparing the Christmas school holidays, from 19th December 22019 to 5th January 2020 inclusive, with the same school holiday period in 2018 total revenue increased by +2% year-on-year.  Within this period, the most successful week achieved +12% YoY uplift in total revenue.  The destination also enjoyed its busiest Boxing Day sale launch ever with 40% of LFL retailers reporting double digit increases.

Across the calendar year of 219 the scheme delivered a total revenue of +2% YoY with footfall increasing by the same amount.  This follows a record-breaking Black Friday week in which the centre achieved its highest ever weekly take; with individual retailers trading up to +5% on a life-for like basis.  The positive results are in stark contrast to the most recent industry stats which show that footfall declined by -4% in the post-Christmas sales, according to Springboard.

The retail results were boosted by a regular and varied programme of seasonal consumer activities including Wonderland Walk, a free immersive light experience set in the onsite Festival Gardens, a Christmas Grotto, and an ongoing VIP Programme and app with exclusive offers and competitions.

Ian Sanderson, Director at SLR which developed and asset manages the scheme, said: “We’re proud to have achieved 15 years of consecutive turnover growth, especially within the existing retail climate.  Our integrated leisure offer has helped to really support our positioning as a destination.  This has been supported further by the array of family-friendly seasonal activities over the past six weeks and further technical developments of our Springfields VIP app.  All of which has helped us to stand-out as the destination of choice for the location catchment and provide a memorable Christmas experience that has been reflected in the strong footfall and trading stats.”

 

Owned by the Triton Property Fund and managed by UBS, Springfields is a 200,000 sq ft scheme with 25 acres of leisure attractions set within beautiful award-winning landscaped gardens.  According to research by Savills, schemes need to offer something more than price point alone, with browsing and leisure elements key drivers for the overall experience.  Indeed, some 33.6% of shoppers consider leisure facilities to be more important at outlet retail brands such as Crew Clothing, Joules, Gap, TM Lewin, Radley, The Cosmetics Company Store, Skechers and M&S, the line up is complemented by integrated leisure offer Adventure Land, which includes the UK’s largest JCB Young Drivers Zone, and line-up of cafes and casual dining restaurants.

The scheme has a series of exciting expansion plans over the next few years, which will further enhance the customer offer and experience, and attract a more affluent customer.  Planning allocation of space and change of use has been agreed for a 50,000 sq ft extension.  The £18m investment will finance up to 19 new retail and casual dining units.

Agents for Springfields Outlet are SPACE Retail Property Consultants and Knight Frank.

For more information contact Peter Leverett, Susan Harrison or Ben Taylor

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GRAPE TREE OPEN IN MARKET HARBOROUGH

January 7, 2020

SPACE are delighted to see Grape Tree opened at 22 The Square, Market Harborough at the end of last year, taking place of the former Johnsons Dry Cleaners.

Grape Tree is dedicated to ensuring their products are the finest natural whole foods, offering exceptional value, choice and quality second to none.

SPACE acted on behalf of the Assignor Johnsons Cleaners UK Limited, Rob Powter & Co acted for Grape Tree.

For more information contact Josh Porter or Martin Herbert

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RECORD BREAKING BLACK FRIDAY AT SPRINGFIELDS OUTLET

December 4, 2019

Springfields Outlet has once again demonstrated its continued resilience, bucking trends when compared to full-price retail destinations, reporting positive trading and footfall stats for the Black Friday trading period. From Monday 25th November to Sunday 1st December 2019, footfall rose by +5% when compared with the same period last year. Additionally, the leading shopping and leisure destination in the East of England achieved total revenue growth of +6% year-on-year.

The same week was the busiest sales week on record for Springfields, beating last year’s record by +3%. Every category at the destination reported increased trading stats with fashion and beauty retailers such as Crew Clothing, Joules, Jack Wills, The Cosmetics Company Store, Next Outlet and The Body Shop performing especially well, with stores trading up to +51% on a like-for-like basis.

Springfields Outlet has achieved 14 years of consecutive revenue growth since opening in 2004, with an average occupancy rate of 98%.

Ian Sanderson, Director at SLR, which developed and asset manages the scheme, said: “The strong trading performance Springfields is experiencing is testament to the environment at the destination. Providing a family day-out experience with something that appeals to people of all ages, the integrated and complementary leisure and dining facilities create a real point of difference. Attracting visitors from a really broad catchment, with significant numbers travelling more than 90 minutes, it’s a real destination for the East Midlands and parts of East Anglia. This is evidenced by the trading and footfall stats which illustrate how positively Springfields is trading in comparison to the wider, full-price sector.”

To complement the integrated leisure offer, Springfields hosts a regular and varied series of events throughout the year. This Christmas, to support the retailers during a key trading period, Springfields is hosting Wonderland Walk, a free, festive immersive light experience set in the award-winning onsite Festival Gardens. Younger visitors can also meet Father Christmas in the Springfields Grotto where each child will receive a gift and a free Santa hat from independent retailer, Starlings Toy Outlet. The retailer, which opened at Springfields in August 2019, has been trading exceptionally well since launch and continues to far exceed expectations. The brand has introduced an experiential Lego corner, further boosting the leisure offer at the destination, which sits alongside its wider selection of top-brand children’s toys including a huge Lego offer, Playmobil, Hot Wheels, Barbie and Fisher Price.

The 200,000 sq ft scheme is home to 50 outlet stores such as Jack Wills, Joules, White Stuff, Fat Face, Crew Clothing, The Cosmetic Company Store, Gap, Next and Skechers. With 25-acres of leisure attractions set in beautiful landscaped award-winning gardens. The combination of facilities; retail, dining and leisure is a crucial aspect in creating the complete package which appeals to a variety of customer groups and emphasises the experiential nature of the destination.

Located in south Lincolnshire, the 45-acre retail and leisure scheme is on the junction of the A16 and A151, close to the junction with the A17 providing easy access to Peterborough, Stamford, Nottingham, Lincoln and Kings Lynn. The catchment includes East Anglia, Cambridgeshire and the East Midlands.

Further demonstrating the success of the scheme, it has been announced that £18 million will be invested into a new extension at the centre. The planning allocation of space and change of use has been agreed for the new phase. The proposed design will add an additional 50,000 sq ft of retail and casual dining space, and some 19 new units, attracting opportunity for further brands at the centre.

Owned by the Triton Property Fund, managed by UBS, the scheme has recently undergone a repositioning programme. This has helped to attract new retailers and new customers from within its wide principal catchment and is further increasing tourist numbers visiting.

Agents for Springfields Outlet are SPACE Retail Property Consultants and Knight Frank.

For more information contact Peter Leverett, Susan Harrison or Ben Taylor

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AWARD WINNING TRAVEL AGENCY TO OPEN ITS 13TH MIDLANDS OUTLET IN RUGBY

November 28, 2019

An award-winning travel agency has chosen to take a trip to Rugby to site its 13th Midlands outlet in the town.

SPACE – Retail Property Consultants secured Millington Travel as the latest occupier at the Swan Centre and is currently fitting out unit 12 in order to open its doors before Christmas.

Martin Herbert of SPACE said, “We’ve been pleased with the progress made at the Swan Centre.  We are targeting good quality restaurants and retailers to complement the existing tenants as the centre continues to evolve”.  This letting follows the announcement in autumn that Libertine Burgers opened in the restaurant quarter.

Millington Travel, which was named Central England travel agency of the year at the 2019 Agent Achievement Awards, has 12 other outlets throughout Leicestershire, Warwickshire and Northampton.

SPACE are joint letting agents alongside Harris Lamb and Hartnell Taylor Cook.  Scott Property Consultants advised Millington Travel.

For more information contact Martin Herbert

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BROOK TAVERNER OPENS THEIR SECOND YORKSHIRE BASED STORE IN NORTHALLERTON

November 15, 2019

Menswear independent Brook Taverner has opened its second Yorkshire based store this weekend, just four months after its debut into the county in Beverley.  The new store at 174 High Street, Northallerton will allow Brook Taverner to trade from 2,100 sq ft and showcase the full menswear collection for Autumn Winter 2019.

Jason Scott, Managing Director, commenting on his brand’s ability to buck nationwide high street trends, states: “We opened our first Yorkshire store in Beverley in June, and we have been delighted with the response.  Northallerton has been at the top of our list of targets for a number of years, so when a suitable site became available, it was an easy decision to open our second store in such a discerning and prosperous town”.

SPACE continue to assist Brook Taverner and are seeking further stores to open in the second half of 2020.

For more information contact Rob Palmer

 

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JUST SO ITALIAN NOW OPEN IN ST MARTIN’S SQUARE, LEICESTER

November 13, 2019

The midlands based Café/Deli, Just so Italian has opened its doors at 14 St Martin’s Square, Leicester this week taking 1,454 sq ft on a 10 year lease in the former Escape Asylum.

Just so Italian are Danilo and Alison Trozzi, Italian chefs who have trained and worked in Italy and now live in the UK, starting Just so Italian in 2008.  Alison Trozzi says “We will be offering a place for people to come relax with an Italian coffee, sample our wonderful freshly made pizza or focaccia or treat themselves to one of our delicious Italian pastries.  We’ll also be offering a range of freshly prepared food to go for people in more of a hurry.  The shop will also stock a full range of traditional and authentic Italian food imported by us, including a superb range of cheeses and salami”.

Understanding the importance of great ingredients and believing that Italy produces some of the best foods and ingredients in the world – born of centuries of tradition and a passion for quality and taste.

Also located in Market Harborough and Stamford, their delis are just as you might find them in countless towns across Italy, so whether you want to relax with an Italian coffee, sample their wonderfully freshly made pizza or focaccia or treat yourself to one of their delicious Italian pastries, you will be spoilt for choice.

The Landlords, Shearer Property Group were represented by SPACE – Retail Property Consultants.

For more information contact Martin Herbert

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PETER LEVERETT – WEMBLEY PARK CYCLE TO MAPIC 2019

November 11, 2019

Peter has chosen to raise funds for Club Peloton and is taking part in Wembley Park Cycle to MAPIC 2019.

The ride is from the small medieval town of Le Puy in central France, through the Ardeche and Cevennes regions, before climbing the Gorges du Verdon and then down into Cannes on the coast, finishing a day ahead of MAPIC, the annual retail property conference where he will be working on the stand for Scotch Corner Designer Village, one of our clients.

Peter is fundraising in aid of the charity, Coram, the UK’s oldest children’s charity, who provide much needed help to find vulnerable children loving new homes. The number of children in care is the highest it has been for years. They provide a unique safety net for children who are frequently ignored or marginalised by those responsible for their care.

Coram is responding to the exploitation, hardship, abandonment and growing social care crisis blighting young lives. They address the challenges by developing and delivering services to create a lifetime of difference for 1.4m vulnerable children, young people and families each year.

You can read more about their work on this link here

We would be very grateful if you would consider sponsoring Peter – the details of the ride are in the link here http://clubpeloton.org/mapic

Peter would appreciate your sponsorship however large or small and you can do so easily by clicking on the link here; Go to my fundraising page❯

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A WHITE CHRISTMAS IN SOUTHAMPTON

November 5, 2019

Following the successful pop up store at the mall last year, The White Company have now opened in Westquay Shopping Centre, Southampton.

The 6,500 sq ft flagship store at Unit SU20 West Quay opened last week in plenty of time for Christmas, selling ‘stylish and beautifully designed’ homeware and clothes.

Sarah King, the Director of property at The White Company said: “The White Company are delighted that we will be opening in time for Christmas in Westquay.  We have been looking at Southampton for quite some time and following our successful pop-up in Westquay last Christmas we knew this opportunity would be a perfect addition to our portfolio.  We are looking forward to seeing our store come to life and can’t wait to become part of the exciting shopping destination that is Westquay Southampton”.

SPACE – Retail Property Consultants are the retained agents for The White Company.

For more information please contact Peter Leverett

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INFLATANATION BOUNCE INTO PETERBOROUGH

October 22, 2019

InflataNation will open its doors next month in Peterborough and represents the first attraction of its kind for the region.  The new indoor inflatable theme park will be located at Peterborough One Retail Park in the recently vacated Cotswold Outdoor unit and will boast 14,000 sq ft of inflatable fun for adults as well as children.  Offering climbing walls, obstacle courses, gigantic ball pools and an ‘Inflata Bubbles’ section which is designed for visitors to  achieve optimum bounce heights.

Matt Ball, co-founder of Inflata Nation, said: “We are very excited to be opening a brand new venue in Peterborough and we believe it’s Cambridgeshire’s first ever indoor inflatable theme park.  The message from us is simple – Everyone is welcome, no matter your age, and we think big kids will have just as much fun on the inflatables as the wee ones.  The park itself will boast a whole host of features designed to put a smile on your face”

Paul Dunn, Asset Manager for Peterborough One Retail Park said: “We are delighted to have this unique leisure offer here at Peterborough One.  The feedback we have received from other tenants and local people has been nothing short of fantastic.  This is an integral part of our plan to maintain vibrancy here on this well-loved retail park~”

Inflata Nation is a national franchise with other outlets in Manchester, Birmingham, Glasgow, Newcastle, West Bromwich and Runcorn.

SPACE – Retail Property Consultants acted on behalf of the Landlord Barrow Close Investments Limited.

For more information contact Susan Harrison.

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WINDSOR YARDS WELCOMES THE WHITE COMPANY

October 8, 2019

The White Company has now opened for trading in Windsor Yards Shopping Centre.  The ‘affordable luxury’ lifestyle brand takes the former Dorothy Perkins unit at 18/19 Windsor Yards adjacent to Timberland and Vision Express.  This will be The White Company’s first store in Windsor.

Sarah King, The White Company Director of Property –  “We are delighted to be opening a store in Windsor, providing both new and existing customers with luxury products at competitive prices.”

“As a premier shopping and tourist destination catering to a wealth of domestic and international shoppers, Windsor was an obvious choice for a new standalone store for the White Company.”

SPACE – Retail Property Consultants acted for The White Company and continue to search for sites to expand their portfolio.

For more information please contact Peter Leverett

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NEW BRANDS BOOST FOR SPRINGFIELDS OUTLET

September 30, 2019

Further signings show the continuing success of Springfields Outlet, emphasising its position as the leading shopping and leisure destination in the East of England.

Iconic casual wear brand Crew Clothing and independent retailer Starlings Toys opened this summer, adding to the recent additions of Joules, White Stuff and The Cosmetic Company Store.

  • Crew Clothing completed a major 4-week shop fit with new large format windows; their first Outlet store in Lincolnshir

RENEWALS AND INVESTMENT HIGHLIGHT RETAILER CONFIDENCE

  • The dynamic asset management of the scheme has undertaken 15 deals this year including, 2 new lettings, 2 relocations and 11 lease renewals including Jack Wills, M&S Outlet and Raging Bull
  • Springfields is the chosen destination for retailers to make significant investment into their stores with new major fit outs planned for Clarks and Claire’s

TRADING GOING FROM STRENGTH TO STRENGTH

  • 14 years of consecutive and annual revenue growth
  • Year-to-date revenue up +4%

For more information please contact Peter Leverett or Susan Harrison.

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THE COD’S SCALLOPS – AWARD WINNING CHIPPY OPENS IN MARKET HARBOROUGH

September 26, 2019

The award winning fish and chip brand The Cod’s Scallops has opened its doors in Market Harborough.

Not just your ordinary chippy, The Cod’s Scallops offers a whole array of delights for the seafood lover – sea bass, mussels, monk fish, sword fish, prawns, hake, cod, whelks and even oysters…. They have taken 1,289 sq ft at ground floor at Edinburgh House, Abbey Street on a new 10 year lease. The restaurant has 40 covers as well as a takeaway. This will be their 4th location, currently trading from Wollaton, Carrington and Long Eaton, with the brand’s commitment to serving ‘the freshest seafood in town’ has earned a number of awards, including being voted one of the top 50 takeaways in the UK.

SPACE – Retail Property Consultants acted for the landlord and Box Property acted for The Cods Scallops.

For more information please contact Ben Taylor.

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STAMFORD’S FRESH NEW OPENING – MINT VELVET MOVES INTO THE HIGH STREET

September 23, 2019

The doors have finally opened in yet another new arrival on Stamford’s high street.  Mint Velvet are now open at 6 High Street where they have taken 1,700 sq ft  on a 10 year lease.  The High Wycombe based Mint Velvet which promotes “relaxed glamour” was launched 9 years ago and has around 40 stores across the UK, plus several in Dubai.   Stamford’s main shopping street is enjoying a boost with several additional traders moving in recently.

SPACE acted for the landlord Narans & Johal Limited.

For more information please contact Susan Harrison.

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QD REQUIREMENT

September 16, 2019

SPACE – Retail Property Consultants have been retained by QD to search for new destination stores throughout the UK.

QD Stores are an independently owned chain of discount retail outlets situated throughout the East of England and the Home Counties. Based in many of the region’s larger towns and cities, QD Stores represent the very best in ‘value retailing’ – offering customers constantly changing quality stock at the very lowest prices.

Please send all suitable opportunities to Susan Harrison or Martin Herbert.

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MOWGLI OPENS IN ST MARTIN’S SQUARE LEICESTER

September 16, 2019

SPACE are delighted to announce that Mowgli is now open in St Martin’s Square, Leicester.

Mowgli first opened in Liverpool in 2014 when founder Nisha Katona had a nagging obsession to build an eatery serving the kind of food Indians eat at home and on their streets.

The Leicester opening is their 10th restaurant to open and occupies 2,241 sq ft at 10-12 St Martin’s joining recent lettings in the vicinity including Just So Italian and Giggling Squid.

SPACE acted on behalf of the Landlord Shearer Property Group Limited.

For more information please contact Martin Herbert

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SKETCHLEY MEADOWS HINCKLEY

September 12, 2019

SPACE Retail Property Consultants are pleased to announce the final Pre Letting has been completed at the new District Centre being developed by Tungsten Properties.

Due to open in November 2019, having secured Heart of England Co-op as the Convenience store retailer, subsequent lettings have been concluded to Johnsons Dry Cleaners, Greggs, Salvation Army, Consol, Toolstation and Topps Tiles.

Martin Herbert of SPACE commented: “It’s been a pleasure working with all parties involved in this development. Tungsten are an experienced developer and had a great team working with them to bring this scheme forward. As with every development, various problems arose throughout the land assembly and planning process but no problem was unsurmountable and with the hard work and effort of the whole team we have been able to deliver a quality offer and we are all confident the tenants will relish the opportunity being presented.”

For more information please contact Martin Herbert

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PASTA REMOLI OPENS AT WEMBLEY PARK

August 27, 2019

Located in one of the most iconic areas in London, the new Pasta Remoli is just a few steps away from Wembley Stadium, The SSE Wembley Arena, Troubadour Theatre and BoxPark Wembley.

Their fast casual restaurant serves delicious pasta in just a few minutes and is ideal for people looking for a quick bite and for those heading to an event in the busy area of Wembley Park, but it’s also great for the regular customers that are looking to enjoy their meal relaxed at the table and experience all the authenticity of the traditional homemade pasta like in an Italian trattoria.

SPACE continue to advise Pasta Remoli who are currently considering a few options for 2020.

For more information contact Martin Herbert.

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FORK-IN-CHIPS SIGN UP FOR LOUGHBOROUGH

August 8, 2019

New Gourmet chip concept ‘Fork-in-Chips’ have exchanged on 16-17 Market Place, Loughborough in the former Greenwoods store for their first Chip Shop.  The unit comprises circa 1,100 sq ft on one of the most prime corner positions within Loughborough town centre, fronting Market Place and Swan Street.

SPACE are looking to locate further high footfall, high density locations throughout the UK for Fork-in-Chips.

 

For further details contact Martin Herbert

 

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ST MARTIN’S WELCOMES JUST SO ITALIAN

August 1, 2019

St Martin’s Shopping Centre is pleased to welcome Just So Italian, the new addition to an already strong complimentary retail mix. Just So Italian are a midlands based Café/ Deli who are located in Market Harborough, Stamford and now St Martins – Leicester. Specialising in traditional Italian food and Coffee, Just So Italian also offer a selection of hampers and fresh foods available over the counter.

St Martin’s last week saw the letting of the former Grill Stock unit to the 32 strong restaurant operator Giggling Squid and will see Mowgli – an Indian Street Food Concept open it’s doors in August 2019.  St Martin’s has one restaurant unit currently still available and is targeting another like for like leading restaurant operator to further enhance the Square and it’s food and beverage offer.

Martin Herbert of SPACE Retail Property Consultants said “The growth of St Martin’s in recent years is a tribute to the proactive stance which the landlords have adopted to enhance the scheme.  A focus on the right tenant has led to a healthy and complimentary tenant mix for the Square, creating a strong mix of ‘best in class’ independent retailers and restaurateurs”

For more information please contact Martin Herbert

 

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2 NEW OPENINGS FOR THE WHITE COMPANY

July 31, 2019

SPACE are pleased to announce The White Company are opening 2 new stores later this year, bringing the lifestyle brand to Windsor and Southampton.

The White Company have signed a new 10 year lease to take a 4,000 sqft trading store at Windsor Yards, Windsor.  The unit is due to open in October 2019.

The landlords, Aberdeen Standard were represented by Nick Warr of GCW

The Southampton store is to open at Westquay Shopping Centre, spanning c. 6,500 sqft, the shop will be open in time for Christmas.

Sarah King, Director of Property at The White Company, said “The White Company is delighted that we will be opening in time for Christmas in Westquay.  We have been looking at Southampton for quite some time and following our successful pop-up in Westquay last Christmas we knew this opportunity would be a perfect addition to our portfolio.”

The landlords, Hammerson were represented by Jerry White of CBRE.

The White Company were represented by their retained agents SPACE – Retail Property Consultants.

For further information please contact Peter Leverett.

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GIGGLING SQUID COMING TO LEICESTER

July 15, 2019

Shearer Property Group (SPG), are delighted to announce the arrival of Giggling Squid at St. Martins Square, in The Lanes area of Leicester.

They will open in Q4 this year, occupying the former Grillstock / Pizza Express unit within the heart of the square, joining Mowgli who are due to open within the scheme on 12th August.
Their arrival will add to the vibrant and eclectic mix of strong, independent retailers and restaurateurs including Bodega Cantina, Kai, Tonne, The Bottle Garden, The Zero Waste Store and St. Martins Coffee / Crafty Burger.

Giggling Squid will trade from c.2500 sq. ft. on the ground floor with additional balconied first floor seating. They will utilise the entrance fronting the Square, introducing bi-fold shopfronts and also open up the period entrance on Cank St, helping to improve footfall around St. Martins and The Lanes in general.

Martin Herbert of SPACE – Retail Property Consultants, who advised SPG, commented: “Giggling Squid will bring to Leicester a fantastic, high quality, Thai dining experience and their choice of St. Martins, being complementary to the other dining offers within the Square, will add to the vibrant and ever-increasing offer available in The Lanes. The market is moving away from the mass-branded Casual dining offers found in so many shopping centres and the inclusion of Giggling Squid at St Martins is a testament to the work that both Shearer Property Group and Leicester City Council have put into continually improving this unique part of the city centre.”

Martin Herbert added: “Now that Giggling Squid are signed up, we want to find one more appropriate restaurant operator for the last unit in the Square”.

 

For more information contact Martin Herbert

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PASTA REMOLI SET TO OPEN THEIR FOURTH UNIT IN WEMBLEY PARK

July 1, 2019

Pasta Remoli, the artisan independently owned fresh fast casual pasta restaurant group, have signed for their fourth unit in Wembley park, adding to their existing units in Finsbury Park, Westfield Stratford and Ealing Broadway.

The unit, at the junction of Olympic Way and Weaver Lane, totals 1044 sq ft plus mezzanine and will offer the full pasta and sauce range for both eat-in and take-out.

Simone Remoli said: The Wembley Park development is an fantastic example of a redevelopment of a vast tranche of London and with their innovative approach to design, commercial tenant mix and creation of a new urban village, we can’t wait to open our doors to the thousand’s of people who live, work and play here!

Martin Herbert of SPACE Retail Property Consultants who advised Pasta Remoli said: This is a development we have been monitoring for 18 months and are delighted to have secured this highly prominent unit. Pasta Remoli will be having a controlled rollout of units for the foreseeable future and are currently considering a few options for 2020.

The landlords were represented by Nash Bond and Cushman & Wakefield

For more information contact Martin Herbert

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RUTLAND CYCLING NOW OPEN IN MILTON KEYNES

June 14, 2019

Rutland Cycling’s new multi brand bike shop has now opened its doors in Milton Keynes making it one of the UK’s largest independent cycle stores at 15,000  sq ft.

 

 

David Middlemiss, Rutland’s Chief Executive, said: “This is an exciting time for Rutland Cycling – our new Milton Keynes store will move cycle retail up to the next level, delivering a premium, department store experience to customers with a full range of products in stock, interactive product displays, custom sizing and fit technology. And, most importantly, the top quality service that Rutland Cycling is renowned for, with an exceptional team of qualified staff and a strong ethos of a friendly, family-run business.

“We look forward to being part of the local cycling community in Milton Keynes, building good relationships with the business and retail sectors, local cycling clubs and groups, schools, individuals and organisations, to help grow and support the cycling community in Milton Keynes.”

Rutland Cycling are a leading independently owned business with 12 stores selling road, mountain and E-Bikes from the world’s premium cycling brands.  SPACE are instructed to find further opportunities across the UK.

Please contact Rob Palmer for further details.

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BROOK TAVERNER OPEN THEIR FIRST YORKSHIRE STORE IN BEVERLEY

June 11, 2019

 

The West Yorkshire based menswear store, Brook Taverner has opened now in Beverley’s Toll Gavel.

Since 1912 Brook Taverner have been in relentless pursuit of the finest and most prestigious cloths, materials, and tailors worldwide to lovingly create a menswear range of suits, jackets, trousers and outerwear.

This is the first Yorkshire store for the menswear brand who currently have concessions in stores across the country and 3 standalone stores in Scotland.

Owner Jason Scott says: “We are very excited to be opening our first Yorkshire store in Beverley, it represents an ideal opportunity for us to showcase our fantastic ranges in a modern, purpose-built store. We think there is a definite demand on the high street for a classic, traditional menswear store. Beverley has the right demographic for us, there’s a lovely feel to the town and it’s perfect for us. As soon as we came and saw it we wanted to be there”.

SPACE – Retail Property Consultants acted on behalf of Brook Taverner and are fully retained to locate new locations stores throughout the UK.  35 Toll Gavel is 1,241 sq ft on ground floor and has been taken on a new FRI lease for a term of 10 years.

The landlord Akzo Nobel CIF Nominees Limited c/o CBRE Global Investors were advised by Robinson Webster.

For more information contact Rob Palmer

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THE SETTLING ROOMS, MARKET HARBOROUGH

June 5, 2019

Acting on behalf of private investor clients we are delighted to have let The Settling Rooms in Market Harborough.

Terms for the first floor were agreed with Beauty Defined, a leading beauty aesthetics clinic, which was a relocation for Beauty Defined from The Wharf where they had traded for several years.

The ground floor was let to a local businessman who has opened a restaurant – taking the name of the building and serving fresh coffee, signature cocktails, wines and Charcuterie.

For more information contact Susan Harrison.

 

 

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PHASE 3 EXTENSION FOR SPRINGFIELDS OUTLET

April 29, 2019

Springfields Outlet in Lincolnshire has once again demonstrated its resilience, achieving positive trading stats in the first quarter of 2019 and across Easter school holidays. The leading shopping and leisure destination in the East of England, spanning from Peterborough and Lincoln to Kings Lynn and Stamford, has also announced a major new investment into the centre with an allocation of space granted for a 19-unit extension.

 

£18m investment into Phase 3 extension announced

  • Major new investment will allocation of space and change of use of space agreed
  • Proposed new development to add 50,000 sq ft including 19 retail units and 4 restaurants and cafes
  • Car parking space to increase dramatically plus introduction of electric vehicle chargers
  • Planning consent expected to be granted August 2019

Continued resilience of the outlet destination

  • 14 years of consecutive turnover growth
  • Average occupancy rate of 98%
  • 3rd highest market potential sales density of any outlet in the UK
  • Integrated leisure offer and varied events programme attracts more visitors from further afield

Recent trading reinforces outlet bucking the trend

  • Total Easter revenue increased by +4%
  • Year of year +9% revenue growth in Q1
  • Year on year +5% increase in footfall in Q1

For more information contact:

Ben Taylor, Peter Leverett or Susan Harrison

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10 THE COMMONS AND 19/21 THE SQUARE, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 7PA

April 24, 2019

SPACE are delighted to have advised Harborough District Commercial Services Limited in an investment purchase of the Tesco Metro store, B&M and residential units at 10 The Commons and 19/ 21 The Square, Market Harborough, from New River Retail at a purchase price of £3,800,000 reflecting a net initial yield of 6.6%.

This is part of our ongoing strategic advice and support to Harborough District Council.

For more information contact Susan Harrison

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RUTLAND CYCLING ACQUIRE 14,860 SQ FT SUPERSTORE

February 18, 2019

SPACE are delighted to have secured a new 10 year lease at Lloyds Court Milton Keynes for our long standing client Rutland Cycling.

Located directly opposite Centre MK in the heart of Milton Keynes, Rutland Cycling are due to open one of the largest bike shops in the UK with 12,860 sq ft ground floor sales together with 2,000 sq ft first floor storage.

Rutland Cycling are a leading independently owned business with 12 stores selling road, mountain and E-Bikes from the world’s premium cycling brands.  SPACE are instructed to find further opportunities across the UK.

Patrick Punch from Patrick Punch and Co. acted for the landlord.

Please contact Rob Palmer for further details.

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RECORD BREAKING CHRISTMAS RESULTS AT SPRINGFIELDS OUTLET

January 22, 2019

Springfields Outlet in Lincolnshire has reinforced its position as the leading shopping and leisure destination in the East of England

A Record Breaking Christmas

  • Total revenue increased +15% year on year
  • Footfall increased +9% year on year
  • 66% of retailers traded above last year by up to +63%
  • Weekly turnover increased by +20%
  • Highest ever weekly sales volume achieved

14 Years of Consecutive Turnover Growth Achieved

2018 was a transformational year at Sprinfields Outlet:

  • An increasingly aspirational tenant mix including Joules, Jack Wills, White Stuff and The Cosmetics Company Store
  • Opened a new £1.2m integrated leisure offer
  • Introduced a new Springfields VIP app
  • New branding across the scheme

Retailer Confidence in Springfields Outlet

  • GAP has signed to renew its lease at the centre
  • The store is undergoing a refurbishment to improve its fit-out, offering a contemporary bright and spacious shopping environment

Agents for Springfields Outlet are SPACE Retail Property Consultants and Knight Frank.

For more information contact Peter Leverett or Susan Harrison

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