Axa Signs Two Tenants In Ipswich

July 23, 2012

AXA Investment Managers has agreed two new lettings on one of Ipswich’s busiest shopping streets, advised by retail property specialist Kitchen La Frenais Morgan.

Outdoor clothing retailer Trespass has agreed a letting with landlord AXA for the three-level 6,900 sq ft shop at 41-43 Westgate Street, paying an undisclosed rent. Trespass was founded in 1984 and now has more than 85 stores across the UK, selling clothes and equipment used by surfers, skiers and camping enthusiasts.

Betting chain Betfred has agreed to let the 1,300 sq ft shop at 37 Westgate Street, where it will pay an annual rent of £32,500. Betfred was founded in 1967 and now runs more than 1,350 shops, which was boosted its £265m acquisition of the Tote last year.

Kitchen La Frenais Morgan acted for AXA. Jones Lang LaSalle advised Trespass and Fisher Hargreaves Proctor represented Betfred.

– Ends –

Latest News

ORFORD HOUSE, NORWICH COMES TO THE MARKET

March 2, 2021 - 12:32

GCW, on behalf of a private landlord, has launched a prime flagship building in Norwich to the market. The former Debenhams store, named Orford House, is available for sale or lease and is offered as [...]

+ Read More

H&M COMMITS TO LONG TERM FUTURE AT SOVEREIGN CENTROS’ ST. ENOCH CENTRE

March 2, 2021 - 10:58

Sovereign Centros has signed a new 10-year deal with leading fashion retailer H&M, for its 32,000 sq ft store at the St. Enoch Centre in Glasgow. H&M is the latest in a long line of tenants to[...]

+ Read More

IV REAL ESTATE TRANSFORMS TWO BRISTOL OFFICE BUILDINGS

March 1, 2021 - 10:01

IV Real Estate has completed the refurbishment of two prime office buildings in Bristol city centre. Practical completion of 41 Corn Street and the adjoining Gilbert House has now been reached followi[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR