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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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