Retailer signs deal for 40,000 sq ft store in town centre
A national retailer has signed a deal to take over 40,000 sq ft in Corby town centre.
Corby Town Shopping & Willow Place (Corby Town Centre) has agreed a 10-year lease with B&M, which will take up 40,242 sq ft of space at 1 Queens Square. It is due to open on Thursday (31 October).
This is the latest in a string of major deals at Corby Town Centre. Leases have been exchanged with both Cards Direct and Boyle Sports, both of whom are due to open in time for Christmas.
A new lease has also been completed with Shoezone, which relocated within the town centre to upsize its premises.
With an annual footfall of 8 million, Corby Town Centre is home to Primark, TK Maxx and H&M, the centre comprises over 150 shops, bars and restaurants.
Corby Town Centre was acquired by Northdale Asset Management and Magnetar Capital in late 2022. Sovereign Centros from CBRE act as asset manager of Corby Town Centre and is advised by Wright Silverwood and Knight Frank.
Tom Nuttall, asset manager at Sovereign Centros from CBRE, said: “Corby Town Centre is the premier shopping and leisure destination for North Northamptonshire, home to many of the country’s leading retailers. Following a proactive leasing strategy, B&M’s new anchor store, in addition to other significant lettings, further positions Corby as a vibrant hub for residents and visitors.”