Forge has successfully advised on the sale of 23-33 Castle Street & 7-7a Castle Meadow, Norwich.

The property occupies a prominent position on Castle Street, one of Norwich’s busiest pedestrianised retail thoroughfares, positioned close to Castle Quarter shopping centre, Norwich Castle, and the city’s prime retail core.

Comprising four well‑configured retail units totalling approximately 15,013 sq ft, the asset is multi‑let to a strong mix of high‑profile tenants, including Dr. Martens plc, Pure Brides, Cornish Bakery and Castle Fine Art.

The property generates a total current income of approximately £295,000 per annum, with a WAULT of 7.7 years (4.1 years to break), providing a secure and sustainable income stream.

Jonathan Mills commented:

“It was great to help achieve a successful result for our long standing client, Nuveen, a TIAA company. The sales process generated significant interest from a range of UK private and overseas investors, which enabled us to conclude the sale via a competitive bidding process, ultimately culminating in a successful sale to a French SCPI”.

For further information on this transaction, or to discuss Forge’s upcoming sales and investment opportunities, please contact Jonathan Mills, Joe Baio or Georgia Welch.

Forge has successfully advised PPR Estates on the sale of 46-48 Station Road East, Oxted.

Located in one of Surrey’s most affluent commuter towns, the property comprises a prominent retail block, predominantly let to Boots. The remaining income is secured to Kinjo, a popular Japanese restaurant, which has recently extended its lease.

Boots has occupied the building for over 30 years and has recently recommitted to a new 10-year lease without break. The store incorporates a large pharmacy and distribution service, supporting the wider region.

Joe Baio commented:

“We’re really pleased to have delivered a strong result for PPR Estates. Following a comprehensive marketing campaign and a competitive best bids process, we secured a price in excess of our guide. The buyer and their team performed exceptionally well and have acquired a highly defensive investment with a committed tenant line-up.”

For further information on this transaction, or to discuss Forge’s upcoming sales and investment opportunities, please contact Joe Baio, Jonathan Mills or Georgia Welch.

Forge are delighted to welcome 1Rebel to Clapham High Street.

Occupying the iconic former Revolution unit, 1Rebel will introduce their signature Reshape and Reformer classes, alongside their new Reset cold plunge and sauna concept – bringing a premium fitness and wellness offer to the heart of Clapham.

This letting marks the next stage in the continued evolution of Clapham High Street. Known for its night-time economy and vibrant food and beverage scene, recent arrivals including Marks and Spencer Food, Vision Express, Holland & Barrett and Townhouse, alongside an enhanced restaurant offering from best-in-class operators including Lina Stores, Rudy’s Pizza Napoletana and Berberè, are helping to create a diverse, all-day destination where people can shop, dine and exercise, as well as maintaining a strong core night-time offer.

Forge currently have two further leasing opportunities available on Clapham High Street.

For more information, please contact Liam Jones.

Forge are pleased to have advised DTZ Investors on the acquisition of 43 & 44-46 Cornmarket Street, Oxford.

The property occupies a 100% prime position on Cornmarket Street, Oxford’s busiest retail throughfare, in the heart of this historic and globally recognised University City.

Comprising approximately 15,837 sq ft NIA of well configured retail accommodation, the property is let to National Westminster Bank Plc and McDonalds Restaurants Limited. The property is let off recently re-based rents following a new letting to McDonalds and a lease re-gear with NatWest.

Jonathan Mills commented:

“We were delighted to secure this on-market acquisition for DTZ Investors against a very competitive bidding environment. Freeholds on Cornmarket rarely become available and with both institutional grade tenants having recently committed to the property, we are confident in the property’s future performance potential.”

For further information on this transaction, or to discuss Forge’s upcoming sales and investment opportunities, please contact Jonathan Mills or Joe Baio.

Forge are delighted to have secured a 100% prime, well‑let retail investment in the centre of Cambridge on behalf of a private, international buyer.

Located on the northern side of Petty Cury, in the heart of Cambridge’s historic retail core, the property is fully let to  Nationwide Building Society on a full repairing and insuring lease until 16th October 2033. This provides an attractive 7.5 years of secure, institutional grade income.

Jonathan Mills commented:

“We were delighted to secure this on-market acquisition for our private client amongst a highly competitive bidding environment. The property comprises one of the most attractive, freehold retail units in Cambridge and follows shortly after our recent purchase of a 100% prime freehold block in Oxford. These trophy assets rarely become available and we are therefore delighted to be able to secure them for our respective clients.”

Ian Webster Commented:

“We’re really pleased to execute our clients objective of securing well configured, prime space in central Cambridge with a compelling occupational story. Cambridge is going from strength to strength with a number of outstanding requirements and lack of stock which bodes well for rental growth in the medium/long term. Thank you to Chris Ward, head of lease advisory at Forge who assisted and made this deal a real team effort across Forge’s investment, agency and lease advisory teams.” 

For further information on this acquisition, or to discuss Forge’s upcoming investment and agency opportunities, please contact Jonathan Mills, Ian Webster or Joe Baio.

Forge are pleased to have acted on behalf of Knight Frank Investment Management (KFIM) on the sale of two well-located High Street properties.

70 North Street, Chichester is prominently positioned on North Street and is let to Nero Holdings Limited, while 41A George Street, Richmond occupies a prime position on George Street and is let to Jigsaw on a new five year lease.

Joe Baio commented:

“We are proud to have delivered two strong outcomes for our valued client, KFIM, achieving compelling NEY exits in both cases. These positive results bring to a close Forge’s long-standing involvement with the respective properties, which has included two lease renewals of Jigsaw in 2020 and 2025, as well as the original letting to Nero’s, followed by a regear in 2020.”

For further information on these transactions, or to discuss Forge’s upcoming sales and investment opportunities, please contact Joe Baio or Jonathan Mills.