Fashion retailers move to Park Royal
On behalf of longstanding client Sandpiper Securities, Lewis Craig have concluded lettings on two high specification distribution warehouse units at Gorst Road, Park Royal, to the West of London.
The units each comprising some 6,500 sq ft, have been let to American retailer Forever 21 and to specialist retailer Trotters Childrenswear & Accessories who currently operate from 6 stores in Central London, South West London and Surrey.
Andrew Taylor, who heads up the Lewis Craig Management Department, comments, “We were delighted with the level of interest in the units which our client Sandpiper only recently redeveloped. It is apparent that there is a shortage of this quality of distribution warehouse space located close to Central London. The units are particularly attractive to the retail sector given that communications here are excellent with easy access to the A40 Western Avenue therefore providing easy road access to the West End and Westfield London”.
In addition to letting the units, Lewis Craig will continue to manage Sandpipers estate at Gorst Road as well as their wider property portfolio which includes retail parades in Victoria, Kilburn and Westbourne Grove.
For further information on our highly pro-active management service please contact Andrew Taylor or Jeffrey Craig.
bareMinerals open at Jubilee Place, Canary Wharf
Our client bareMinerals recently opened their latest boutique in the new Jubilee Place Shopping Mall extension at Canary Wharf.
The extension comprises 44,000 sq ft of retail space, has delivered 25 new stores to Canary Wharf further strengthening their highly successful existing retail offer.
The boutique comprising some 850 sq ft is extremely well located, putting bareMinerals in fine company within the new line-up with other occupiers including Banana Republic, COS, The White Company, Emmett Shirts, Rituals and Le Pain Quotidien along with a range of other exciting brands.
Lewis Craig, retained property advisers for bareMinerals UK, are delighted to have advised in the negotiating process.
Please contact Richard Grossman for further information in relation to bareMinerals on-going UK retail property requirements.
Home House Estates London expansion project
Lewis Craig are pleased to have been solely retained by London-based estate agents, Home House Estates to advise on their expansion project.
Home House Estates (HHE) specialise in residential property sales, lettings and investment in the capital’s high end addresses and postcodes. HHE are a British-owned independent company with a head office in Thayer Street, just off Marylebone High Street in London’s West End. During 2013 they opened their Westbourne Grove, Earls Court Road and Thayer Street offices, having previously successfully traded from their first office on Woodstock Street in Mayfair. Other offices within Central London are currently under negotiation.
HHE was established in response to the directors identifying a growing demand from buyers for prime central London property, combined with a different, more bespoke, considered and personalised approach to sales, lettings and property promotion. Their highly experienced senior team also have wider knowledge of the other property micro-markets within the various postcodes that comprise Zone 1 and 2 in inner London.
They have been trading successfully in Central London for the last 3 years and are now looking to expand their presence within Central London; they have also recently opened a new Moscow office.
Please contact Theo Benedyk at Lewis Craig for further information.
Eye-Form’s a new Location
Lewis Craig are delighted to announce the relocation of their retained client Eyeform Ltd, from their existing premises at 3 New Cavendish Street across the road to 28 New Cavendish Street.
With specific instructions to retain their Marylebone address, Lewis Craig utilised local market knowledge in relocating Eyeform Ltd to a smaller more manageable premises. This was an off-market situation in which we negotiated the acquisition of the lease from the existing tenant at 28 New Cavendish Street and simultaneously concluded terms for a new lease with the landlord.
Lewis Craig marketed and successfully arranged for a disposal of the lease on Eyefrom’s existing premises at 3 New Cavendish Street to Little Green Paint Company, an exciting brand taking their first Central London store following the success of their concession in Selfridges.
Eyeform is a unique business and has been located in Marylebone for over 20 years now. Specialising in creating glass eyes for people of all ages, Eyeform’s owner Kanti Fatania had the following to say. “I have been trying to relocate my business for many years now and it was only recently that I started working with Lewis Craig who made my vision become a reality.
They understood the importance of maintaining the location whilst reducing my occupancy costs, an exercise which they were able to carry out swiftly and well beyond my expectations. I would be delighted to recommend Lewis Craig”.
We wish Kanti and the staff of Eyeform the best of luck for the future in their new premises.
Please contact Ben Pistol at Lewis Craig for further information.
Just Falafel continue to falafuel the UK!
With over 40 restaurants trading Globally, our client Just Falafel is right on track in keeping with the trend of more and more people on the move looking for a healthy alternative to fast food.
Just Falafel have exciting plans for the UK, with 2013 alone seeing the opening of their first six UK restaurants. The sixth opened in December 2013 at 7 Fulham Broadway (see below). Comprising approximately 700 sq ft at ground floor with a similar sized basement, in an excellent location adjacent to a shortly to open Wholefoods, and close to Fulham Broadway Station.
The seventh restaurant opened last week at 104/106 South Street, Romford. Several further locations are currently under negotiation, please click here for Just Falafel’s Property Requirements flyer.
Please contact Theo Benedyk at Lewis Craig for further information.
London’s first branch of Sharkey’s Cuts For Kids!
Lewis Craig are pleased to have recently completed the leasing transaction, on behalf of a private landlord client, with London’s first branch of Sharkey’s Cuts For Kids, the fastest growing chain of kid’s hair salons in the world! The premises are situated on the world famous Abbey Road in St. John’s Wood, North West London.
Sharkey’s is a unique experience specially designed for kids, combining high-quality haircuts, the latest styles and kids-focused entertainment. The colourful fun-filled salons are bright & meticulously clean and completely geared to giving kids and their parents, a memorable experience. In a warm and friendly environment, hair-stylists entertain and amuse kids, so that getting the perfect haircut is a treat rather than an ordeal.
We wish Sharkey’s every success with their new salon, and indeed with their future expansion plans.
Just Falafel on track with expansion plans
The UK’s 6th Just Falafel will open in December 2013 at 7 Fulham Broadway, London SW6. Located alongside the new Whole Foods store, which is scheduled to open in Spring 2014.
This new Just Falafel restaurant will comprise just over 1,400 sq ft arranged over ground and basement floors. It will feature Just Falafel’s latest designs, in keeping with their Authentic Inspired Eating ethos.
Additional A3 and/or A5 sites from 650-2,000 sq ft are now required in prominent locations, offering strong footfall with an all-day offer, in major cities and university towns in UK and Ireland.
Latest property requirement PDF
Opportunities considered in high density office districts, shopping areas, leisure venues, transport hubs and zones containing complementary food offerings.
Contact Theo Benedyk or Richard Grossman with opportunities or for further information.
Burger King open in Skegness
Our Burger King franchisee client CPL Foods Ltd, have recently opened at the ‘The Hildreds Shopping Centre’ in Skegness. The restaurant fronts the main High Street, Lumley Road and sits at the entrance of the scheme between H Samuel and Burton.
The premises, previously occupied by Frankie & Benny’s, comprise a double fronted restaurant, offering an overall area of approximately 4,800 sq ft, over ground and first floors. Lewis Craig acted for CPL Foods Ltd in the negotiating process.
Lamen Reddy, Operations Director of CPL Foods Ltd says: “We are very happy to bring a Burger King restaurant to Skegness and are overwhelmed by the support and feel very encouraged by the buzz being created from the local community.”
CPL Foods Ltd operate several other Burger Kings and are now seeking further sites, with 25 required over the next 5 years throughout the UK. The Skegness Burger King is a perfect example of the type of High Street location required, in addition to requirements for shopping centre food-courts and drive-thru opportunities.
Please speak to Ben Pistol or Richard Grossman for further information in relation to this clients requirements.
Quality Investment Acquired in Hoxton
We have recently acquired an interesting investment in the centre of Hoxton, London N1 on behalf of Arinpath Ltd as part of the replacement of their Soho holding, which was acquired by Crossrail for the Tottenham Court Road station redevelopment.
The attraction of this investment is that it is a restaurant in the heart of fashionable Shoreditch – a fantastic lunch and evening destination with a strong night club provision. The surrounding area being a mixture of residential and commercial, known for housing fashionable residential, advertising and media companies with nearby Old Street fast becoming the epicentre of the UK’s internet-related industry.
The property comprises a 5 storey building, with the restaurant element being on ground and lower ground floors, and the upper three floors comprising three residential apartments.
The restaurant has recently undergone substantial refurbishment and now trades under the Rossopomodoro brand, a successful chain of international Italian restaurants with over 80 locations around the world, 6 of which are in London.
The price paid reflects a net initial yield of circa 6.5%.
Lewis Craig have been acting on behalf of Arinpath Ltd for over 25 years and will be managing this quality investment. We are actively seeking to acquire similar opportunities. For further information on our investment client requirements, please speak with Jeffrey Craig.