A shop in Ashburton town centre has been acquired for Gribbles Butchers in a deal brokered by Bruton Knowles.
Ashleigh Phillips, of the firm’s Plymouth office, advised on the leasehold acquisition of 9 North Street. A new 10-year lease at a confidential rent has been agreed.
He said: “This unit is the latest to be acquired by Gribbles who are expanding their retail offer across south Devon. It is situated in the prime area of Ashburton and will provide Gribbles with an excellent trading pitch in this artisan, stannary town. This shop complements our client’s existing units in Plympton, Ivybridge and Torbay.”
Ashleigh Phillips said the exceptionally smooth transaction was due in part to the willingness of the parties to agree terms and complete the Lease.
Ashburton, on the southern fringe of Dartmoor, is becoming something of a foodie haven playing host to a popular food and drink festival, Ashburton Cookery School and boasting a selection of popular restaurants.
Gribbles Managing Director, Mark Gribble said: “We are really looking forward to opening our new shop in Ashburton.
“Gribbles Butchers was the 2014 winner at the Taste of the West Awards for best butcher and we are confident North Street will offer an excellent trading location for us to bring our high quality meat and service to the town.”
Stratton Creber in Exeter acted for the Landlord.