Full steam ahead for Parkway
Superdry, Fraser Hart and Johnsons of Windsor, all of which are new to Newbury, have confirmed that they are to take units in the retail-led scheme, which opens in October 2011. All three tenants have taken units in Parkway’s Middle Street, with Superdry taking 4,608 sq ft, Fraser Hart taking 3,000 sq ft, while Johnsons of Windsor has taken 4,446 sq ft. All units have been let on 10-year leases.
This latest flurry of lettings clearly demonstrates the high level of demand for the centre, which recently handed over the department store to its anchor tenant, Debenhams, to start the fit out in preparation for opening.
The new tenants will trade alongside anchors Debenhams, M&S and John Lewis at home,together with an exciting tenant mix that includes H&M, New Look, Topshop, JonesBootmaker, Lakeland and Paperchase.
Ed Jenkins, Head of UK Retail at Standard Life Investments, said: “It is a fantasticachievement to sign three such great retail names to Parkway. These latest lettings will add to Newbury’s ever-growing retail mix and will offer shoppers greater variety in the
town centre. It promises to be a very exciting opening this October.”
Parkway is one of only two new shopping centres set to open in the UK in the remainder
of 2011. It comprises more than 300,000 sq ft of shops and restaurants, a 550-space
shopper car park and 147 stylish new apartments.
Development managers for Parkway are Shearer Property Group. Letting agents are
Strutt & Parker and Jones Lang LaSalle.Smith Price acted for Fraser Hart and Gilbert Evans for Johnsons of Windsor. Superdry represented themselves.