New Look, Footlocker and Fragrance Shop are the latest retailers to take units at the newly refurbished 400,000 sq ft (37,160 sq m) Broad Street Mall at Reading.
New Look is payingÂŁ182,500 a year for a 15-year lease on a new 12,000 sq ft (1,115 sq m) two-level unit next to Argos. Footlocker is occupying a 3,185 sq ft (295 sq m) unit at the front of the centre on a 15-year lease atÂŁ110,000 a year, while Fragrance Shop has taken a 306 sq ft (28 sq m) unit on a 10-year lease atÂŁ30,000 a year.
Landlord Doughty Hanson recently spentÂŁ6 million refurbishing the mall, including building a catering area. Since completion, footfall has increased by 25 per cent.
Blair Kirkman and DTZ Debenham Tie Leung are the joint letting agents.
ACR is the managing agent.
No comments yet