First phase of Liverpool Shopping Park close to full

Liverpool Shopping Park has reported eight more deals, totalling more than 44,000 sq ft of lettings and taking the park’s first phase to 85% let.

Of the new arrivals, Superdrug, Regatta, The Works and Foot Asylum/Drome have already opened their doors. In early 2018 they will be joined by discount household retailer Wilko, fashion retailer Next, shoe retailer Clarks and bakery chain Greggs.

Each of the retailers will take space in the Western Quarter, the horseshoe of 17 units which front on to Edge Lane. Greggs will take a unit close to the park’s main entrance, near to Chiquito and Subway.

The park, a £100m full redevelopment of the former Edge Lane Retail Park by its owner Derwent, opened on 20 October. One of its flagship operators, M&S Foodhall, opened last week, joining shops including H&M, Outfit, Smyths Toys, Boots and River Island. Three more lettings are expected in the New Year.

James Maule-Ffinch, senior asset manager for the Derwent Group said: “The opening of Liverpool Shopping Park has really strengthened the city’s out of town retail market and these new lettings are testament to the appetite amongst retailers to join the scheme.

“Although some of these lettings won’t turn into store openings until the first part of 2018, they keep positive momentum going on site and give customers plenty of new reasons to keep coming back. We’re confident the final three units in phase one will be let shortly.”

Liverpool Shopping Park will total 727,000 sq ft of retail space once complete as well as parking for 1,500 cars and a leisure offer.

McMullen Wilson, Petch & Co and CSP Curson Sowerby are instructed as retail and leisure agents.

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