British Land is pleased to announce that three new retailers are taking space at Drake Circus Shopping Centre.
Tiger, the popular homeware and gifts store, has opened a 2,000 sq ft store, and JD Sports, the sports fashion retailer has opened a 5,300 sq ft store, both on 10 year leases. In response to shopper feedback, lifestyle brand Cath Kidston has opened a 2,000 sq ft pop-up unit until January 2016.
The above lettings follow the arrival of a host of new brands earlier in the year, including Pandora, Krispy Kreme, Regus and local retailer Drake Jewellers.
Adam Poole, asset manager at British Land, said: “These retailers are fantastic additions to Drake Circus. We introduced Cath Kidston to the centre in response to feedback from our customers. This demonstrates just how important customer surveys are for our business and how we are using this information to put retailers and consumers at the heart of what we do. Looking ahead to the opening of the leisure extension in 2018, these additions help to establish Drake Circus’ status as the shopping destination of choice in the South West.”
Drake Circus, located in the heart of Plymouth, is home to over 70 retail and leisure units. It encompasses 560,000 sq ft of retail & leisure space, with occupiers including Apple, Superdry, Fat Face, Marks & Spencer, Next, Schuh, Primark, Yo! Sushi, Costa, and Starbucks.
Earlier this year planning permission was granted by Plymouth City Council for the £40 million Drake Circus Leisure extension. The new 100,000 sq ft scheme adjacent to the centre will include a 12 screen cinema operated by Cineworld and 14 restaurants. Construction work is expected to start on site summer 2016 and is due to open mid-2018. This development is part of our focus on growing the leisure provision across our retail portfolio reflecting changes in the way people shop today.
The scheme’s letting agents are Smith Young and Cushman & Wakefield.