We are very pleased to announce the completion of the letting to Ace of Drinks Ltd who have taken over premises formerly occupied by the Co-op food store for a number of years.
They have undertaken a complete refurbishment to provide very impressive accommodation comprising a large sales area of approximately 2,000 sq ft and offering not only fine wines, champagnes, spirits and beers but also food and cigars.
Gee Sohal of Ace of Drinks Ltd commented, "we are thrilled to announce the expansion of our business into Ashby and look forward to developing our brand, Ace of Drinks, American alcohol and confectionary specialists".
Tom Boardman-Weston, Managing Director confirmed, "this is a very pleasing deal for Manston Investments, and I hope for Ashby as a whole. Whilst undoubtedly high-street retail remains a very challenging investment landscape, this deal goes to show that one should always look to the specifics of any given deal, rather than be overly swayed by broad-brush statements on 'the market'. Ashby is a great town in which to be based and I am delighted to see these premises let to Ace of Drinks, a well-established local company, and for Manston to assist in their expansion. Being so close to our offices, we wanted to find a tenant that would add real value to the local community – I have no doubt that Ace of Drinks will perform very well from this site & I look forward to a long and successful relationship with them".
Phil Randle, Partner, Salloway, the agent for letting said, "I am delighted that the premises have maintained a retail use, not dissimilar to what was there before and complimented by a very impressive refurbishment by the tenants".
For further information of this letting, or to find out how Salloway can assist with your commercial property matters, please contact Salloway Property Consultants on 01283 500030 or email firstname.lastname@example.org.