Dessert parlour opens Leicester branch

Fast-expanding dessert parlous Creams has opened in Leicester following a deal brokered by Colliers and SPACE Retail Property Consultants.

The firms have let the ground and basement floors of 4-8 Granby Street to Creams.

Creams started in 2008 and now has over 50 parlours nationwide.

Leaver Charles Granger acted for Creams.

Following the letting SPACE subsequently acquired the freehold investment for a private local investment fund, showing an initial yield of 7.23%.

Martin Herbert of SPACE said: “This was an excellent property to become involved in, made all the better by achieving two transactions. I am positive about the location in Leicester with various new operators having come onto Granby Street recently, including Rickshaw Ricks and GDK, all reporting very positive trade. When Sports Direct open we are sure pedestrian footfall will be significantly increased to this end of Gallowtree Gate and Creams should be well positioned to benefit from the resurgence in activity.”