The prime retail asset has over 3,070 sqm of rentable space, comprising two ground floor retail units, with restaurant and office space on the first floor.
Portus Retail and CBREGI purchased the property with a plan to replace the local retail and restaurant tenants, refurbish the offices and create a larger retail unit suitable for an international brand. At the same time refurbishing and increasing the size of the offices at first floor level to lease to a new tenant in the growing services sector.
Working with local companies, Portus Retail oversaw the refurbishment of the building which has been completed. The lease to Sportmaster has been regeared; the increased retail unit let to Rituals Cosmetics and the offices to Dixa. Creating a core investment let to international companies.
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