Deals take The Mall Blackburn to 93% let
The Mall fund has signed four new tenants at its £60m redeveloped scheme, all newcomers to the town.
H&M will occupy a 19,000 sq ft store, USC 6,000 sq ft and designer menswear brand, Infinities 1,600 sq ft. Finally, Bank will occupy a unit adjacent to JD, who will move to a new unit at the scheme; the two stores will jointly take 10,000 sq ft of space. All four new lettings have been secured on 10-year leases.
The 650,000 sq ft Mall is anchored by Debenhams, Bhs and Primark, alongside Peacocks, Deichmann, Costa and 100 others.
Topshop is fitting out its newly extended and refurbished unit of 6,500 sq ft.
A new 68,000 sq ft indoor continental market will begin trading within the scheme by spring 2011.
Andrew Haughey, retail asset manager at Capital & Regional, said: "We are delighted to announce the imminent arrivals of H&M, USC, Bank and Infinities and the newly extended Topshop at the redeveloped Mall Blackburn, which collectively take the 200,000 sq ft extension to 93% let.
"The substantial refurbishment of the existing Mall and creation of modern units responsive to retailers' current requirements has culminated in an enviable line-up that has significantly strengthened Blackburn's position in the regional retail hierarchy."
The Mall Blackburn is asset managed by Capital & Regional and fund managed by Aviva Investors. The joint letting agents are Montagu Evans and Tushingham Moore.
