Retail Agency

Our principal retail agency services include:

  • Shopping Centre, High Street and Out of Town Retail Consultancy
  • Disposals
  • Acquisitions
  • Innovative Marketing Solutions
  • Development Appraisal
  • Monitoring of retail requirements and trends
  • Strategic Asset Management Strategy and Investment Funding

 

Our client base is spread across a wide spectrum of retailers, developers, investors and retail property owners and occupiers.

With an established team of experienced focussed professionals our offices cover the whole of England and Wales and the Scottish Borders.

We have an enviable reputation in the market amongst our clients and competitors alike.

Each and every one of our clients is very important to us. We strive to work in partnership with our client to achieve the best possible results. To understand our client’s business and objectives is of huge significance and importance to us.

Our appreciation of local market conditions and national retail trends helps us to achieve the best possible solutions to our client’s property issues.

We are committed to achieving an innovative and multi faceted approach to our marketing of client’s retail property utilising both technology in all its complex forms and personal and direct communication with potential targets.

We understand retailers and retail property.

CeX Ltd move into store on one Newcastle’s most popular retail streets

Leading European electronics store, CeX, has taken 1,377 sq ft of space on Northumberland Street, a major shopping street in the city of Newcastle upon Tyne. The national retail chain specialises in the buying and selling of DVDs, video games and digital devices, and have 350 stores around the UK. They have acquired the Northumberland Street unit on a 10-year lease, and following completion of their impressive fit out, are now open for business.

Read More....

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Leading European electronics store, CeX, has taken 1,377 sq ft of space on Northumberland Street, a major shopping street in the city of Newcastle upon Tyne.

The national retail chain specialises in the buying and selling of DVDs, video games and digital devices, and have 350 stores around the UK.

They have acquired the Northumberland Street unit on a 10-year lease, and following completion of their impressive fit out, are now open for business.

[fulltext] =>

Mark Convery, retail agent in our North East team, commented, “CeX are a fantastic business that will be a quality addition to Northumberland Street. With a number of other national retailers along the street, they will be in good company and we wish them the best of luck.

“This letting further signifies the current strength of the Newcastle retail market that we continue to see high levels of interest from potential tenants for central retail properties.”

Sanderson Weatherall acted on behalf of the landlords. 

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Major new anchor for North Shields' Royal Quays outlet

A major new anchor unit has been announced at the Royal Quays Outlet in North Shields. The 138,000 sq ft shopping centre, located immediately adjacent to the international ferry terminal and eight miles east of Newcastle City Centre, has been extended by the completion of an ambitious 22,000 sq ft leisure venue. The new space, situated on the main car park of the centre, has been innovatively created using a large inflatable dome structure, which is the first of its kind in the region. The unit has been pre-let to Xtreme Bounce, a leading trampoline business. Peter Everest, managing director at WD Limited, which owns the Royal Quays Outlet Centre, said: “Not only is the dome visually stunning but inside there is a sleek and dynamic style with vibrant, exciting colours. It offers state-of-the-art facilities and it is going to have a massive impact on the area both as a leisure outlet and from an employment perspective. It is a bold and ambitious move not least for the fact that we are introducing a totally new concept to the region.” The new leisure venue will include a Trampoline area, Segway Slalom, a Slam Dunk area, a Soft Play Castle and a number of other innovative, family entertainment facilities.

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A major new anchor unit has been announced at the Royal Quays Outlet in North Shields. The 138,000 sq ft shopping centre, located immediately adjacent to the international ferry terminal and eight miles east of Newcastle City Centre, has been extended by the completion of an ambitious 22,000 sq ft leisure venue.

The new space, situated on the main car park of the centre, has been innovatively created using a large inflatable dome structure, which is the first of its kind in the region. The unit has been pre-let to Xtreme Bounce, a leading trampoline business.

Peter Everest, managing director at WD Limited, which owns the Royal Quays Outlet Centre, said: “Not only is the dome visually stunning but inside there is a sleek and dynamic style with vibrant, exciting colours. It offers state-of-the-art facilities and it is going to have a massive impact on the area both as a leisure outlet and from an employment perspective. It is a bold and ambitious move not least for the fact that we are introducing a totally new concept to the region.”

The new leisure venue will include a Trampoline area, Segway Slalom, a Slam Dunk area, a Soft Play Castle and a number of other innovative, family entertainment facilities.

[fulltext] =>

Royal Quays already has a number of anchor retail tenants, including Gap Outlet, a Nike Factory store, Next Clearance and Clarks. Other occupiers nearby include Star Bowl, the Wet N Wild Water Park, Brewers Fayre and Premier Inn.

Our retail team acted as letting agents at the centre, alongside CHD Property.

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Azendi returns to York with new central premises letting

We have recently let a property to unique British jewellery brand, Azendi, on behalf of the Chapter of York. Following its sale to A to Z Investments Limited, Azendi is set to return to York to occupy 50 Low Petergate on a five year lease, taking retail space comprising 774 sq ft. The premises provide excellent ground floor sales accommodation along with basement storage.

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We have recently let a property to unique British jewellery brand, Azendi, on behalf of the Chapter of York.

Following its sale to A to Z Investments Limited, Azendi is set to return to York to occupy 50 Low Petergate on a five year lease, taking retail space comprising 774 sq ft. The premises provide excellent ground floor sales accommodation along with basement storage.

[fulltext] =>

The unique jewellery brand, which provides in-house designed and created sterling silver and gold vermeil collections, has added to its 54 existing stores and concessions across the UK with this latest letting. The property is located on one of York’s premier shopping streets, close to York Minster and is Grade II listed.

York Minster’s Chapter Steward, Rebecca Thompson, said: “Azendi is a wonderful addition to York and we are delighted to welcome it back to the city. I am looking forward to it becoming an established part of our retail community with the help of Sanderson Weatherall.”

Last year, we were appointed on a five year contract to manage all of York Minster’s commercial and residential property holdings and provide a comprehensive range of property management services.

Peter Heron, partner in our retail agency team, said: “Azendi is a fantastic business that will be a quality addition to the location of the letting. We are confident that its position on Low Petergate will be extremely beneficial to its success with both local residents and tourists.”

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Considerable growth in food and beverage pop-up stores

A pop-up store works on the principle of ‘here today, gone tomorrow’ with the stores tending to open on short leases in otherwise underused spaces. Originally the nature of these stores appealed to smaller more independent brands that were able to offer a unique retail experience to their consumers.

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A pop-up store works on the principle of ‘here today, gone tomorrow’ with the stores tending to open on short leases in otherwise underused spaces. Originally the nature of these stores appealed to smaller more independent brands that were able to offer a unique retail experience to their consumers.

[fulltext] =>

The marketplace is changing however with larger brands beginning to experiment with pop-up stores following their success and growing consumer following. 

Paul Moody, partner and retail expert in our London office focused on the significant growth in food and beverage pop-up stores across the country:

“In particular there has been considerable growth in artisan food producers and street foods over the last few years and consumers are now able to experience a huge range of cuisines and concepts.

Their success has been facilitated by the development of pop-up food locations which are branded and run by single businesses, which sub-let space to selected traders

These large scale food pop-ups have typically been located in empty spaces which may be scheduled for redevelopment or in public spaces close to transport hubs and offices.

The advantage of these ‘umbrella’ operators is that by vetting prospective tenants they can ensure hygiene standards are met as well as guaranteeing consumers are provided with a variety of interesting and innovative concepts and cuisine types.

This style of letting will also benefit the pop-up tenants who receive the convenience of a straight forward tenancy agreement and the proximity to other food operators will undoubtedly generate higher pedestrian foot fall and increase consumer dwell time.

The street food concept has also been embraced by some shopping centre landlords, who see the benefit of providing evolving food offers to create vibrancy and maintain consumer interest. 

One-off food pop-ups do however come with their own set of challenges. Putting a food and beverage pop-up, with full cooking and eating facilities where planning consent is required, into a space that wasn’t designed or intended for that purpose, will be much more complicated and costly than utilising an empty former restaurant, takeaway, bar or pub.”

Click here to read important considerations when opening a food and beverage pop-up.

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Yours Clothing expands into the South West

Our Bristol building consultancy team has been instrumental in undertaking the necessary ground work for Yours Clothing’s expansion into the South West of England. The high-street fashion brand’s expansion includes the opening of its new store in Plymouth, which required pre-acquisition surveys undertaking in a relatively short timeframe.

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Our Bristol building consultancy team has been instrumental in undertaking the necessary ground work for Yours Clothing’s expansion into the South West of England.

The high-street fashion brand’s expansion includes the opening of its new store in Plymouth, which required pre-acquisition surveys undertaking in a relatively short timeframe.

[fulltext] =>

Derihon Coquard, business development manager at Yours Clothing, commented: “We’re very excited to have expanded into Plymouth and Sanderson Weatherall has been instrumental in us meeting that objective.

“What has impressed us the most was the speed and efficiency with which the pre-acquisition survey was undertaken, as it was complete in little under a fortnight.”

The new three storey retail unit on New George Street in Plymouth provides two floors of retail space at approximately 5,500 sq ft.

Commenting on the project, Adrian Gladstone, associate partner in our Bristol team, said: “We’re very happy to have been able to assist Yours Clothing in the securing of its new retail unit. As the company continues to grow across the area we hope to help them further increase their share of the national market”.

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Royal Quays Marina set to welcome popular North-East restaurant

Popular Newcastle pizza restaurant, The Herb Garden, has now been confirmed as the tenant and will open the venue – its second in the North East – in September 2016.  The Herb Garden was one of several parties interested in the premises, which comprises 1,863 sq ft and is situated in the Albert Edward Dock, in an area considered by many to be the North East’s finest boating location.

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stdClass Object ( [state] => 1 [modified] => 2016-11-23 15:06:01 [id] => 914 [asset_id] => 1224 [title] => Royal Quays Marina set to welcome popular North-East restaurant [alias] => royal-quays-marina-north-shields-set-to-welcome-popular-north-east-restaurant-the-herb-garden [introtext] =>

Popular Newcastle pizza restaurant, The Herb Garden, has now been confirmed as the tenant and will open the venue – its second in the North East – in September 2016.  The Herb Garden was one of several parties interested in the premises, which comprises 1,863 sq ft and is situated in the Albert Edward Dock, in an area considered by many to be the North East’s finest boating location.

[fulltext] =>

Quay Marinas’ managing director, Simon Haigh, said: “Our vision was to attract a high-quality restaurant or café venture to the marina and in The Herb Garden we feel we are getting the best of both worlds.  With its penchant for quirky design and its delicious menu, it’s a fantastic fit for us and we are sure that it will prove to be popular with diners thanks to its waterfront location and our established visitor base.”

The venue aims to make the most of its waterside location, with a large outdoor seating area overlooking the marine basin.  The Herb Garden will have the feel of a relaxed café during the day, with a more intimate restaurant ambience in the evening.

Richard Marks, one of the co-founders of The Herb Garden said: “We’re thrilled to be expanding The Herb Garden out to a nautical setting while continuing to run our existing restaurant in Newcastle. We hope we can put our mark on what is already a beautiful and unique environment.”

We were appointed by Quay Marinas specifically to bring a restaurant or café to the site to enhance the facilities on offer and cement the Albert Edward Dock’s reputation as a leading leisure attraction.

Commenting on the opportunity, Mark Convery, agent in our Newcastle office, said: “The Herb Garden has become a well-established restaurant operator within Newcastle City Centre over previous years and to have acquired its second premises’ at Royal Quays Marina emphasises the growing ambition Richard and his business partners, Ryan Darrington and Lucy Clinch, have to drive the business forward. This was a unique development opportunity that will attract a variety of audiences to the Marina and hopefully make it flourish to its full potential.”

In addition to attracting thousands of tourists each year, the Royal Quays Marina has a current capacity for 350 berths plus 100 boats ashore, with the potential to accommodate 500 berths.  It is an established destination for yachts and motorboats from the UK and overseas, with regular cruises from Holland, Denmark, France and Germany.

There are over 1,000 residential properties on the Royal Quays site, with works due to commence on the adjoining Smiths Dock development imminently, which will bring a further 800 homes to the area and provide improvements to transport links.

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RICS CCS TDS Arla Ombudsman bsi