Southern Trade Retail Expansion / January, 2013

Two trade retail projects developed in London boroughs have seen the practice continuing to work alongside Ambit Group, a

company with whom we have enjoyed a fifteen year relationship and who continue to see a growth in the trade retail market.

Aviva in partnership with Ambit Group rejuvenated a former derelict Focus unit in South Wimbledon Trade Park, Merton to provide three individual retail units totalling 26,000 sq. ft which now accommodates a Magnet trade and retail showroom, Tile Depot and Screwfix respectively. Harris Project Management again carried out the fit out for Magnet, continuing their long standing relationship.

Aegon UK Property Fund in partnership with Ambit Group have created 37,000 sq. ft of trade retail space in two separate blocks in Hounslow Trade Park, Hounslow. Four of the ten units developed were pre-let prior to construction and further lettings are currently progressing and will result in the scheme being fully let prior to completion. The provision of solar energy has boosted the scheme’s sustainability credentials.

Director, James Richmond comments: “The trade retail sector is growing, with tenant appetite very healthy. Ambit Group are a specialist in this field and together we’ve created modern, fit for purpose units in ideal locations that occupiers know will significantly prosper their business.”