24th August 2023.
The past couple of years have seen significant demand from QSR (quick service restaurant) operators for prime High Streets, following changes to planning rules in 2020, whereby they can acquire units previously unattainable under the old use classes.
A great example has been our work on Broad Street, Reading where we have secured new leases to Popeyes, Coco di Mama, Zambrero and regeared with Itsu in the past 12 months.
A sign of future trends on our prime High Streets? Perhaps. But it is important to note we received offers from traditional retailers on these units, however the longer leases offered by the QSR market proved attractive to our respective clients.
If you are an agent, food & beverage brand or QSR looking for a high street property to let in Reading, get in touch with Matt Beardall and our retail agency team today on 020 7659 4848.
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Thorough, tenacious, practical in their outlook and approach but above all they get results.
La Salle Investment Management
The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.
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