Hercules Unit Trust (HUT) and LaSalle Investment Management are pleased to announce that Wilko, the high-street home ware and household goods retailer, has taken a 10,400 sq ft store on a 10-year lease at the Deepdale Shopping Park in Preston. The park is now fully let.
A £16m extension at the centre completed last year delivering an additional 45,000 sq ft of retail space which was 100% pre-let to Wren Living, Sofaworks, Harveys and Oak Furniture Land.
James Varley, asset manager for British Land, said: “Wilko is a great addition to Deepdale and joins a host of well-known stores, strengthening and complementing the wide-ranging and high quality offer already in place. This letting demonstrates our commitment to enhancing the overall shopping experience for our customers by continually evolving and upgrading the mix.”
Deepdale Shopping Park is a 280,000 sq ft shopping park in Preston, Lancashire. This is a prime retail scheme with a strong line up including M&S, Boots, Next, Outfit, New Look and River Island.
HUT is advised by British Land and managed by Schroders. HUT and LaSalle Investment Management were represented by Wilkinson Williams and Harvey Spack Field.