Acting for a private London based investment company, Wadham & Isherwood, Farnham have negotiated a letting of the Grade II and Starred Listed building, 67/68 Castle Street which previously traded as the Colony Chinese restaurant. Instructions were originally received in respect of only 67 Castle Street a vacant lock up shop, although following discussions that took place with the proprietor of the Colony restaurant, it was obvious that they were unlikely to continue trading and in anticipation, Wadham & Isherwood marketed the combined unit offering this to a selected group of restaurateurs who were known to be looking in the town. Following detailed discussions terms were agreed with the Giggling Squid Thai restaurant group who are taking a new full repairing and insuring lease for a term of 20 years subject to 5 yearly reviews which is to be in part rebuilt and substantially refurbished to provide a total of 3,142 sq.ft.
Wadham & Isherwood were heavily involved in discussions with English Heritage, Waverley Conservation Officers and Planning Department and Wadham & Isherwood introduced the owners to the specialist Conservation Architectural practice, PNW, based in Richmond. Wadham & Isherwood had previously worked closely with this practice in achieving planning on 5/5A Castle Street another Listed building now operating as Brasserie Blanc.
Giggling Squid will take over the completed building in shell form once the extensive building works are completed towards the middle of 2016. It is anticipated that the restaurant will open for trading in the autumn. Following the extensive fit out this important Grade II Listed building will be brought back to its original glory as it is intended that many of the period features will be maintained within the design.