Shopping centre fully let after string of national retailers sign up
A South Yorkshire shopping centre is bucking the national trend for vacancy rates after it announcing it is fully let following a string of lettings to national retailers.
The Alhambra Shopping Centre in Barnsley town centre now has full occupancy since signing up high street stores including The Works, Thomas Cook and Game since the beginning of the year.
The latest to exchange, The Works, will be opening a 2,212-sq ft store on the lower level of the centre later this month. In addition, local barber shop, The Barber’s Chair, has just opened on an external kiosk unit in New Street to add to the new tenant line up.
These follow more new store openings in the shopping centre in 2016, including Savers, Yours and Card Factory.
John Tarrant, centre manager, said: “We are delighted to announce the Alhambra is now 100% let and this is a fantastic result for our shopping centre, retailers and loyal customers alike where we pride ourselves on superb customer service.
“We have an excellent mix of stores including Primark, Next, TK Maxx, Wilko and Iceland as well as many other high street fashion retailers and shops, including independent operators and coffee shops, giving the people of Barnsley and surrounding districts an all-round indoor shopping experience.”
The owners, clients of BMO Real Estate Partners, are now investing in a total revamp of the multi-story car park, it was also announced.
The renovation comprises a 16-week programme due to complete in June.
Alister Thompson, director of asset management for BMO Real Estate Partners, said: “The Alhambra Centre continues to go from strength to strength with numerous new retailers signing up in recent months. Our client’s on-going investment at the Alhambra, including a new £¼m double height entrance façade, provision of newly configured shop units and the latest car park refurbishment demonstrates the continuing confidence we have in our customers and retailers of the shopping centre, all complimented by the excellent on-site management and marketing team.”
Letting agents for the scheme are Fawley Watson Booth and McMullen Wilson.
