Subway take new premises on Granby Street
Acting on behalf a London based owners, APB have disposed of 37 Granby Street, Leicester, to Subway.
The retail premises offered a large open plan ground floor area with basement on one of the main roads into Leicester City Centre.
The new tenants, Subway, have recently vacated a store on Granby Street as it was not large enough to cope with current demand. The new store has had a full re-fit and will be open for trading within the next 4 weeks
Guv Singh of Subway said:
“Subway have always had a town centre presence and with the new Council office opening on Granby Street, our former store did not provide enough retail space to cater for the demand we were experiencing. We had reached lease end at our existing lease and the opportunity arose to take No. 37 Granby Street, doubling our trading area”
“We knew that the location worked for us, and we are currently in the process of fully fitting out the new store with Subways new retail specification”
“We are committed to retailing in Leicester and look forward to opening our doors in the near future”
Reg Pollock of APB Property Consultants said:
“Ourselves and Nicholas Brett, joint agents, had been asked by the client to market this premises. We understood due to its location, that we would attract good levels of interest from national occupiers”
“Subway seemed the perfect fit for the store as they knew that the Granby Street location worked for them and this property provided them with the extra floor space that they needed”
“We have noticed a distinct increase in requirements for Granby Street, within the last 6 – 12 months and we are now in discussions with a tenant for the former Jessops units that we are marketing in the same block”
“We understand that the City Centre needs to be a vibrant and desirable place and with the new lettings on Granby Street, we feel that the overall outlook improved”
“Also further to this letting, we have brought two more retail units to the market in this location, one on a leasehold basis and one of a freehold”
APB (Leicester) LLP are one of the East Midlands leading independent commercial property consultants. They provide a full range of property services from agency, development, management and professional work for local, regional and national clients within both the private and public sectors. APB is able to offer a wealth of knowledge on all commercial property matters and should you require any assistance please feel free to contact us on 0116 254 0382.