Retail – WRAPCHIC
Retained by the fusion fast food chain Wrapchic, Harris Lamb’s Retail team was tasked with identifying and securing UK-wide outlets for the business’ national rollout.
Further to its flagship store in Birmingham City Centre, the Retail team went on to acquire a number of High Street locations for the business including Milton Keynes, Meadowhall, Merry Hill, Solihull and Leicester, with further sites opening in 2018.
The business also negotiated terms within transport hubs including motorway service stations and Birmingham International Airport, and on university campuses.
Harris Lamb negotiated terms on the leases, looking at whole life liabilities though the term, not only securing the best rents, but including break clauses and having regard to repairing liabilities and other terms required by the business and its franchisees.
“Harris Lamb has committed time to understanding the business and its change of focus and has become a pioneer for our business, using that knowledge to find complementary sites. Harris Lamb is currently in talks with key landlords and providers across the country to negotiate a further presence for the chain. Wrapchic has almost doubled in branch numbers over the past few years and Harris Lamb have been key to securing our most successful sites ”
Mahesh Raikar, Wrapchic Founder
SERVICES
- RETAIL ACQUISITIONS
- SALES AND LETTINGS
- RATING APPEALS AND VOID RATES SCHEMES
- BUILDING SURVEYS
- VALUATION
- EASE RENEWALS AND RENT REVIEWS
- REFURBISHMENT PLANNING AND MAINTENANCE SUPERVISION
