Fashion giant Primark has secured the former House of Fraser premises at Epsom-based shopping centre The Ashley Centre as part of its £7m refurbishment.
This comes after Primark announced in February plans to invest a further £75m into its UK store estate this year.
Real estate company CBRE Investment Management (CBRE IM), advised by GCW and Lunson Mitchenall, said the opening coincides with the centre’s £7m refurbishment, which is expected to be completed later this summer.
The new 44,000 sq ft store will also be one of the largest at the shopping centre and serves as the destination’s “anchor tenant”.
It is set to open its doors in early 2025 and will create around 100 new jobs.
The store will offer Primark’s full product range including womenswear, menswear, childrenswear, home, beauty, accessories and lifestyle.
Taking the former House of Fraser space, it will occupy two floors and sit adjacent to the centre’s central square.
Primark director of sales for the UK, London and the South East Philippa Nibbs said: “As we continue to invest in the UK high street, we are delighted to announce our new store in Epsom that will open next year.
“We look forward to becoming a part of this community and playing a central role in the refurbished Ashley Centre.”
CBRE IM head of retail asset management Louisa Butters added: “Primark’s signing is a significant moment for The Ashley Centre.
“The opening will mark another milestone in our repositioning project that underpins our long-term strategy for the revitalisation of The Ashley Centre, ensuring that it continues to serve the needs of the community in every way possible.
“We look forward to delivering an optimised and enhanced experience and environment for our visitors, and to reaping the benefits of our large-scale refurbishment.”
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