With these services in place Chesterton Retail is always well prepared to access the viability of each Retail opportunity on its own merit. With senior and directive backgrounds our team collectively has over 60 years of Retail Sales, Management, Project Marketing and Leasing experience.
With this in mind Chesterton understands that in Retail it is imperative to optimise rents not simply maximise them. This ensures that assets are reviewed in a holistic manner and not in tenant isolation thus creating optimal tenancy mix. Chesterton also understands that retailing is customer driven and as such it is fundamental to have a good understanding of customers both existing and potential. This includes knowledge of customer demographics and numbers. As such Chesterton is able to:
- Understand the customer – both existing and potential
- Review client specific requirements – eg “Healthy Food Guidelines” and any other “permitted use” restrictions
- Review market conditions and any current retail businesses – performance and presentation
- Review proposed retail businesses in the vicinity
- Source suitable potential operators from our retail pool
- Consider optimum tenancy mix and business types.
We thereby ensure that both our Client and the Retailer are always receiving the best possible advice when it comes to making any in depth decisions relating to their appreciating assets.
With the extensive Retail knowledge that Chesterton Retail provides to its clients, we will always continue to strive to be ahead of our competition and remain one of the ‘Retail Agency’ market leaders, who understand and specialise in this class of investment.