Deals

Goodman’s Fields

GCW has secured further lettings at Berkeley Capital’s Goodman’s Fields in Aldgate. Boom Battle Bar has taken 8,000 sq ft on a 15-year lease and will open in March within a unit close to the four-screen Curzon cinema. The deal follows recent lettings at the seven-acre mixed use development to Amazon Go, Dan Dan Noodles, and Kova Patisserie.

Whetstone

GCW has acted for client GM London to agree a deal with boutique provider N Family Day Nursery. The nursery will occupy the commercial ground floor space at GM London’s Rubric development at 12 – 14 Oakleigh Road in Whetstone which will incorporate forty-one luxury apartments. The nursery will incorporate 6,500 sq ft, plus outdoor space.

Orford House

GCW has found a new owner for Norwich landmark, Orford House. The 110,000 sq ft former home of Debenhams sold with vacant possession to a developer on behalf of a propco client.

Arcadia sale

The former Topshop unit in Norwich’s Haymarket was sold to PPR Estates for £2.465 million. GCW completed the transaction on behalf of Arcadia administrator, Teneo.

Cornish Bakery

Cornish Bakery has opened its latest shop at 86 High Street, Rye. The bakery opened in February, featuring its new look fit out. GCW is helping the independent bakery group extend its reach to incorporate quality market towns and outlet centres. It is in legals for another five acquisitions with a view to opening 12 more units in 2022.

Lidl

GCW has acted for Lidl on the acquisition of a 20,000 sq ft store on Green Street, Upton Park. The off-market deal was secured on a 25-year, FRI lease at an initial rent of £225,000 pa exclusive - with 12 months’ rent free over the first five years of the term. The German-owned retailer is refurbishing the former Peacocks unit to extend its London store portfolio and hopes to open Q2 2022.

Hempstead Valley Shopping Centre

JD Gyms has agreed a 15-year lease for 20,000 sq ft of space at Hempstead Valley Shopping Centre. GCW acted on behalf of the centre’s owner Blackrock to secure a rent of £130,000 pa. The deal marks the completion of the refurbishment of the Kent centre’s East Mall entrance.

Hammersmith

Hammersmith Broadway Shopping Centre has secured two new lettings in a drive to improve its food and beverage offering. GCW agreed deals with Joe and The Juice and Oseyo, which sells a variety of Korean foods, toys, stationery, houseware and electronics. GCW is working with Broadway owner CBRE GI to replace poorly performing tenants with “on trend” brands.