Genr8 secures trio of tenants at Rochdale Riverside
Nando’s, Superdrug and Heavenly Desserts have taken space at the £80m Rochdale Riverside development.
Restaurant chain Nando’s has taken 3,500 sq ft on a 15-year lease, health and beauty retailer Superdrug has taken 4,500 sq ft and Heavenly Desserts will take 2,000 sq ft on a 10-year lease, for the company’s sixth branch in the North West, adding to sites in Bolton, Blackburn, Liverpool, Preston and a proposed store in Chester.
Deals had already been agreed at Rochdale Riverside with M&S, H&M, Next, Boots, JD Sports, River Island, Reel Cinemas and Hollywood Bowl with all commencing internal fit out works on site.
In total the scheme will provide 24 new retail and leisure units, as well as a six-screen cinema. Work on site began in March 2018 and is set to complete in April 2020 with a launch festival scheduled for Easter weekend.
Riverside is made up of 200,000 sq ft of retail and leisure accommodation in the centre of the town and is being delivered in a joint venture between Genr8 and Kajima in partnership with Rochdale Council.
Lauren Gavaghan, development manager at Genr8 Developments, said: “These occupiers will complement the current tenant mix in the scheme and will help drive forward the leisure element.
“The scheme is now 80% let and with works continuing to progress at pace, we are now looking forward to completion and the launch.”
Cllr Allen Brett, leader of Rochdale Council, said: “Rochdale town centre has undergone a major transformation in recent years, and Rochdale Riverside is a key part of it. These new additions will complement the ever-expanding offer in Rochdale town centre, which includes fantastic new independent restaurants, Bombay Brew and the Mannerist, and will soon welcome a Hogarth’s pub as part of a £1m restoration of one of our major historic buildings.”
Cheetham & Mortimer and LTL Property are joint agents on the scheme.
Warwick Smither, director at Cheetham and Mortimer, said: “This is a massive endorsement for the town and the Rochdale Riverside development.
“Securing brands such as Nando’s, Superdrug and Heavenly Desserts is a huge boost for the scheme, and everybody involved. We are looking forward to the launch of Rochdale Riverside and announcing further deals as we draw closer to completion.”
Willmott Dixon is the lead contractor.