Archive for the ‘Retail’ Category

Fired Earth at Ascot

15/01/2015 by Theo Benedyk

Acting on behalf of bespoke furniture specialists Woodstock, Lewis Craig have arranged for an assignment of the leasehold interest on their showroom premises in Winkfield Road, Ascot to Fired Earth Limited, part of the AGA Rangemaster Group Plc.

The premises, extending to just under 3,000 sq ft over ground and first floors along with a front courtyard area, occupy a prominent position in Winkfield Road at the junction of High Street.

Fired Earth was originally established in 1984 as an importer and retailer of handmade floor and wall tiles. Since then the product range has expanded to include paints, fabrics, rugs and furniture and they now operate over 65 retail outlets.

Contact Ben Pistol or Theo Benedyk to learn more about how we can potentially assist you with our highly pro-active premises disposal service.

Coffee Republic appoint Lewis Craig

09/01/2015 by Theo Benedyk

Lewis Craig have been appointed by Coffee Republic to assist their growing number of UK franchisees in securing new sites.

Coffee Republic currently operate 4 Company Bars, including Bluewater Shopping Centre, with 16 UK franchises, including Marble Arch and Wood Green, with a further 4 franchises opening by Mid Feb 2015, and the franchise division is on target for a minimum of 20 plus new franchises, by the end of 2015.

In addition to operating in the UK, Coffee Republic have a growing international presence, with 19 Bars operated by Master Franchisees in South Africa, Jordan, Kuwait, Vilnius International Airport Lithuania (opened in September 2014) Pakistan (Lahore and Islamabad opened in 2013), Romania and Lanzarote Airport in the Canary Islands (opened in August 2014), Qatar (in the prestigious Pearl Development in Doha opened in December 2014), and the latest International Bar due to open in Oman in February, with discussions underway with several other prospective international master licence operators.

Richard Shakespeare, Head of Franchise comments:

“These are exciting times for us, with a growing number of high calibre multi-site franchisees and we are delighted to have Lewis Craig working with us as part of the team assisting in the expansion of our brand, since re-launching the franchise in June 2009 to great success, we are now experiencing the biggest period of growth for the company since the new owners took over in 2009”.

The ideal High Street store size is 1200/1500 sq ft, with corner aspects of particular interest and high footfall locations being of paramount importance.

For information on specific location requirements please contact Ben Pistol or Richard Grossman

Lewis Craig Instructed by Portlands 24/7 on Central London Expansion

06/01/2015 by Theo Benedyk

We are delighted to have been retained to represent Portlands 24/7 in their Central London retail expansion.

Founded in 1985, as Portland Food & Wine, with the first and longest running store on Great Portland Street, the convenience store chain recently rebranded to Portlands 24/7, currently operate 8 well located units across Central London ranging in size from 400 to 2,500 sq ft.

Portlands pride themselves on catering to their customers needs in each location offering a wider range of quality merchandise that is often not supplied by the larger convenience store groups. As the name suggests, the stores never close, providing a constant and convenient service to customers no matter the time of day.

Founding Director Rahul Patel says. “Our plan is to double in size to 16 stores over the next 3 years or so and we are delighted to have Lewis Craig working with us to achieve this objective.”

Contact Richard Grossman for further information in relation to this requirement.

 

Little Waitrose continues to grow

22/09/2014 by Richard Grossman

Acting on behalf of longstanding client Sandpiper Securities, Lewis Craig have arranged for a letting to Waitrose Limited of retail premises at 19-21 Warwick Way in London’s Pimlico.

Comprising an overall ground floor area of close to 5,000 sq ft, the store opened earlier this month under the expanding Little Waitrose format and operates 7 days a week from 7am to 10pm.

The first Little Waitrose convenience store in London opened in 2011 in Old Brompton Road, South Kensington, since which time the brand has continued to expand throughout London and other major cities.

Andrew Taylor, who heads the Lewis Craig property management department says: “Our client Sandpiper Securities are delighted that we have been able to secure Waitrose, this being a further endorsement of the continuing improvement of Warwick Way”.

 

 

All on Schedule for Trailfinders 2014 Openings

16/07/2014 by Theo Benedyk

Acting on behalf of retained client Trailfinders, Lewis Craig have recently acquired properties in St Albans and Guildford, both now open, as well as a relocation property in Cardiff currently being fitted out.

The St Albans Travel Centre, which opened in March 2014 is located at 3 Market Place, alongside the famous 15th Century St Albans Clock Tower close to the junction of High Street.

This Grade II listed property, has dual frontages to Market Place and French Row and comprises an overall 1750 sq ft. The property has been sensitively restored to preserve the distinctive character and appearance of the locality, although there were some interesting setbacks during the fit-out as can be expected for a building of this age!

June saw the opening of Trailfinders Guildford Travel Centre, located at 146 High Street, occupying a prime position in this highly sought after High Street with a line-up that includes House of Fraser, Hugo Boss, Ted Baker, Karen Millen, etc. The property offers some 1700 sq ft over ground and first floors.

The Cardiff property, located in the heart of the city in busy pedestrianised Queen Street, is situated alongside the entrance to Queens Arcade and close to Cardiff Castle. Currently being fitted out the property which provides a ground floor retail area of some 2,300 sq ft along with additional ancillary space, is scheduled to open in October, as a relocation from 37 St Mary’s Street where Trailfinders have been located since 2005.

Lewis Craig, property advisers to Trailfinders, negotiated the freehold acquisitions of all three properties.

Contact Richard Grossman for further information and on Trailfinders continuing requirements.

 

Soho move for Bare Escentuals

15/07/2014 by Theo Benedyk

Lewis Craig are delighted to have represented our client Bare Escentuals with their office relocation project, which saw the company move from their previous Soho Square offices, to Film House in Wardour Street.

Film House is one of Soho’s most prominent buildings, located on the East side of Wardour Street, in the heart of Soho. Wardour Street is one of London’s buzziest hotspots, being surrounded by numerous bars, restaurants and shopping facilities.

The premises, located on the fourth floor of Film House, provide approximately 8,300 sq ft, of largely open-plan space. Having considered several other options, the premises were identified as offering the perfect solution for the company’s UK head office requirement.

Bare Escentuals’ in-house counsel, Elaine Hutton, comments, “We are very happy with the excellent service provided by Lewis Craig throughout the relocation project, through to legal formalities being concluded. As always, the team at Lewis Craig grasped the brief and delivered excellent results.”

Originally founded in 1994 by Leslie Blodgett, in San Francisco, Bare Escentuals, with mineral based cosmetics line bareMinerals, has become a global success story. The company has been operating in the UK for over 15 years, trading from Selfridges, John Lewis, House of Fraser and Debenhams as well as bareMinerals stores across the country.

Please contact Richard Grossman regarding Bare Escentuals’ general property requirements.

Hanina Fine Arts open new Mayfair gallery

03/06/2014 by Theo Benedyk

Lewis Craig acquire Hanina Fine Arts’ new art gallery in Mayfair, at 21 Woodstock Street, located off New Bond Street. Hanina Fine Arts (HFA) have been dealing in twentieth century European art for over twenty years, and have established a reputation as leading specialists in the post-war School of Paris.

Following a decade of private dealing in New York, HFA was founded in London by the director Yuval Hanina in 1992, initially encountering some resistance to his new modern gallery on Westbourne Grove; it went on to prove a catalyst for the transformation of the street into one of London’s most chic shopping streets.

In 2010 HFA opened a gallery on St George Street in Mayfair which in 2013 became Sotheby’s S2. During Q4 2013, Lewis Craig were instructed to identify suitable premises for HFA’s gallery relocation.

Yuval Hanina comments,

“Having relinquished our previous gallery to Sotheby’s in 2013, we found it a much greater challenge than expected to find a suitable new space in Mayfair in a very competitive market. Towards the end of the year I met with Theo Benedyk from Lewis Craig, whose knowledge and intelligence was immediately apparent and combined with his amiable manner he was a great a pleasure to deal with.

Theo soon identified a potential property for us, negotiating both the acquisition of the existing lease and subsequently a surrender and re-grant of a new lease. This required skill and talent to convert a delicate situation into a successful result. I would highly recommend Theo and the team at Lewis Craig for commercial property matters.”

bareMinerals open at Jubilee Place, Canary Wharf

28/01/2014 by Theo Benedyk

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

28/01/2014 by Theo Benedyk

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

27/01/2014 by Theo Benedyk

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.