December 27, 2024
Frasers Group, advised by Sovereign Centros from CBRE, the shopping centre asset manager, has signed several new deals at Luton Point shopping centre in Luton, Bedfordshire.
Fashion and home outlet, Choice is one of a number of occupiers signing for new or bigger shops at the 900,000 sq ft centre which is the dominant retail destination in the town and is anchored by Primark, H&M, and TK Maxx.
Choice has exchanged on a new 13,400 sq ft store with a sales area of 7,000 sq ft and is set to open in Q1 2025. Bakery chain, Greggs has exchanged on a relocation to larger premises within the centre, while children’s toy group, Toytown recently opened a 6,700 sq ft shop. Meanwhile, Indian takeaway restaurant Tikka Nation has taken a 1,788 sq ft unit and will open next year.
Neil Donovan, Managing Director of Choice said: “Our new Luton Point store sits in a dominant retail destination offering us a superb trading opportunity and allowing us to showcase our fantastic product range.”
Mark Stapleton, asset manager, Sovereign Centros from CBRE added: “Luton Point’s position in the heart of the town is underlined by these deals which continue to build on our strong retail and hospitality offer.”
NM Real Estate and JLL are joint letting agents.
