Retail property specialist GCW has launched a dedicated division to focus on a range of alternative sectors. The team will hone in on the requirements of specialist operators such as gyms, drive thru’s, hotels, children’s nurseries and care homes which are now vying for key,edge and out of town retail sites throughout the UK.
Led by director Simon Horner and associate director Tim Ashe, the team will advise on some of the market’s fastest growing sectors. The move comes as the firm is increasingly being called in to give advice to developers looking to promote mixed-use schemes and by occupiers looking for ‘alternative’ locations.
Horner said: “Retail locations across our towns and cities are now appealing to a far greater range of occupiers. From student housing to leisure operators, the market is being transformed with a new wave of occupiers with an appetite to co-exist with traditional retailers and compete for the best real estate.”
“We already have a strong track record in exploring alternative uses for retail space and we look forward to continue sharing our expertise with occupiers, landlords and developers.”
GCW’s existing work includes helping occupiers such as KFC and Tesco Express secure sites in fringe-of-town locations, advising fitness chain énergie Group on its roll out across the UK and identifying potential opportunities for Lidl in mixed use schemes.