August 9, 2017
Asset manager Moorgarth Group has sealed a letting to fashion retailer Yours Clothing. The plus-size womens wear brand has agreed to lease 3,000 sq ft of space at Broad Street Mall in Reading.
Yours Clothing has agreed to open a new store at Unit 65-66 of Broad Street Mall, as part of a major expansion programme. The retailer offers stylish womens wear in sizes 16 to 36 and has built a portfolio of more than 100 UK stores. The Peterborough-based company also has a significant presence in the Middle East and recently launched plus-size menswear brand Bad Rhino.
Broad Street Mall was purchased by Moorgarth Group in 2015 and has since undergone comprehensive refurbishment. The scheme incorporates an impressive line-up of retailers including TK Maxx, New Look and Wilko. Strategically located at the centre of Reading, the mall serves a large Thames Valley catchment of around 1.7m people.
Yours Clothing is just one in a series of retailers to have committed to the 409,000 sq ft scheme in recent months, including independent menswear retailer Brother2Brother and escape room leisure operator Escape Reading. New arrivals are drawn to the centre as a leading retail destination with an annual footfall of 7m visitors.
Moorgarth Group’s Tim Vaughan said: “This latest letting to Yours Clothing underlines the appeal of Broad Street Mall to a range of different retail and leisure brands. Our investment in the centre has helped cement its position as a key destination for shoppers in Reading and the wider Thames Valley.”
Moorgarth Group was represented by Hicks Baker and GCW. Yours Clothing was advised by Shandwick Properties.