Orb Retail Property Consultants, on behalf of Brookfield Properties have successfully let two vacant units to Elem Hair and The Fragrance Shop. They will make a great addition to the scheme along with the other exciting new lettings which will be announced in the coming months Orb provide retail and leisure advice to landlords and tenants across Berkshire, Oxfordshire, Wiltshire, Hampshire, the M4...
Orb Retail Property Consultants, on behalf of abrdn, have successfully let the former Costa Coffee at Parkway Shopping Centre, Newbury, to The Honesty Group (www.honestygroup.co.uk) The Honesty Group will make a welcome addition to the scheme which is anchored by a recently opened Next and other occupiers such as Coffee#1, Joules, Ecco, Hotel Chocolat, HMV and Waterstones. Orb provide retail and leisure...
Orb Retail Property Consultants, on behalf of Canada Life, has sold the Paper Mill pub in Bury, Lancashire to a private client for £1.55M This successful transaction follows on from another recent sale for Canada Life whereby Orb sold the Buzz Bingo in Birmingham, a large retail unit of 32,000 sq.ft to a private investor at a price of £2.85M. Orb provide retail and leisure advice to landlords and...
Orb Retail Property Consultants has recently exchanged contracts for new stores with Vodafone and Pet's Corner at the Orchard Centre in Didcot. The 350,000 sq.ft shopping scheme is anchored by a large Sainsbury's supermarket and includes an exciting mix of national and local retailers including M&S, Next, TK Maxx, Waterstones, Costa Coffee, Bero Lounge and Snap Fitness. The new units should open in...
Orb Retail Property Consultants have been appointed by Brookfield Asset Management as letting agents for the Orchard Centre in Didcot. The 350,000 sq.ft shopping scheme is anchored by a large Sainsbury's supermarket and includes an exciting mix of national and local retailers including M&S, Next, TK Maxx, Waterstones, Costa Coffee, Bero Lounge and Snap Fitness. Orb will be actively seeking...
Orb Retail Property Consultants are delighted to have been appointed by Aberdeen Standard Investors (ASI) to seek regional retailers for Newbury's premier outdoor shopping scheme, Parkway. The centrally located scheme includes a large number of national and local retailers including Barclays, L'Occitane, Superdry, Waterstones, Next and Luna Orb will be actively seeking new regional tenants and...
Retail rightsizing and repurposing critical as vacancy rates hit 142M Sq Ft The UK has 142m sq ft of vacant retail space, equivalent to 12.6% of all retail units, as widespread store closures continue to hit the sector. Property Agent, Savills, says that without intervention, it is estimated that by the end of the decade as much as 308m sq ft (25%) of retail space could be redundant. Elsewhere...
Canade Life have instructed Orb Property Consultants to secure a new tenant for their 25,000 sq.ft retail unit in Rubery, Birmingham which is currently occupied by Buzz Bingo, who have recently launched a CVA. Orb have undertaken a dedicated marketing campaign and have received a number of offers for the space in a challenging time. It is expected that a deal will be concluded in the coming...
Orb Retail Property Consultants are delighted to have been appointed by Meadow Partners to provide leasing advice to Swindon's premier outdoor shopping centre. The scheme, extending to over 330,000 sq.ft includes over 25 shops such as H&M, Tesco, Natwest, Costa Coffee, Rover Island, Metro Bank, Superdrug and many others. Orb will be actively seeking new tenants and already have discussions with a...
Probably the biggest news effecting Newbury from a retail perspective is that the John Lewis Partnership has announced it will not reopen eight John Lewis shops to "secure the business's long-term future and respond to customers' shopping needs". Their store in Parkway, extending to around 40,000 sq.ft, is one of the eight. Oxford, thought to be at risk of not opening, will now reopen on 30 July along...