NEXT have opened a 50,000 square foot store at Parkway
NEXT TO OPEN50,000+ SQ FT STORE IN ASI’S PARKWAY, NEWBURY
AberdeenStandard Investment’s Pooled Pension Fund and Next have exchanged contracts fornew 50,000+ sq. ft Next store in Parkway, Newbury, opening summer 2021.
The storewill carry their full ranges of ladies wear, menswear kids wear, homeware andwill have a Mamas & Papas concession. There are also plans toincorporate a café.
AngusStenhouse, Senior Asset Manager at Aberdeen Standard Investments said: “Thisvote of confidence by Next strengthens Newbury’s reputation as a strong retaildestination within its catchment and the M4 corridor. Having recentlyclosed the retail park store, choosing Parkway shows Next’s belief in thefuture of The High Street.”
Advisers tothe deal were Lunson Mitchenall for ASI and Savills for Next.