ARC provides a bespoke end to end service for its acquisition clients whether it’s a corporate or start-up business growing its store portfolio. We aim to fully understand our client’s needs at the outset and implement a strategy to achieve their business objectives.
Our success has been built around identifying on and off market opportunities and employing a forward thinking approach to ensure a smooth transaction from start to finish.
We always advise our occupier clients on best market terms and incentives and can help them to upscale their businesses at either a fast or more measured pace. We have assisted our clients to acquire all types of retail and hospitality properties including shops, food stores, restaurants, bars, cinemas, gyms and competitive socialising venues.
Bosco is a neighbourhood Italian restaurant and pizzeria inspired by Naples and New York. It opened its first restaurant in Bristol and following ARC’s appointment to source additional sites, Bosco has grown to four sites in the South West.
As part of our acquisition service we get to know our client’s business and what makes them unique. In the case of Bosco it is its authentic metropolitan look, wood fired ovens, the best pizzas in Bristol and buzzing atmosphere. We knew straight away where this style of restaurant would be successful and worked with the owner in drawing up a specific list of target locations. In our search for great sites we always take a proactive approach, canvassing existing operators and maintaining regular contact with commercial property agents.
In Cheltenham, ARC tracked a building under redevelopment on Imperial Square, securing the best unit overlooking Imperial Gardens in an off market transaction. ARC also secured a fitted former steakhouse in Bath where a more complex deal was negotiated.
The principles of ARC’s acquisition service is based on fully understanding an occupier’s specific requirements. In the case of Lidl satisfactory servicing facilities in a city centre location are critical to a successful food store.
Working with Lidl’s Bristol team ARC identified an off market opportunity for its new city centre store format. The store comprising 20,000 sq ft is situated at the western end of Bristol’s central shopping district, Broadmead and was occupied by H&M. It was one of two H&M stores in Broadmead, but since the opening of Cabot Circus, the fashion pitch shifted towards the eastern end and H&M decided to dispose of the store.
The store was significantly over-rented and had circa 14 years until expiry. Its owner was particularly sensitive to value erosion, but with a long term lease on market terms from Lidl the landlord entered into negotiations with H&M to discuss an early surrender. The new Lidl store opened in 2022.