Preston Fishergate

Plans in for £25m Fishergate

Preston’s Fishergate Shopping Centre will be extended and refurbished to include a new Vue cinema, according to a planning application which has been submitted by owner Benson Elliot.

The vacant TJ Hughes store will be replaced by six store units, a new mall linking to a feature entrance from the car park and a family-oriented leisure offer of five restaurants and a fully integrated compact cinema. Vue will relocate from the Capitol Centre at Walton le Dale.

The centre will increase from 415,000 sq ft to 456,000 sq ft.

The proposed development designed by Colman Architects in London includes new double height retail facades at the rear of the centre to create a more welcoming and inviting point of arrival.

Further details can be seen online at www.fishergatedevelopment.co.uk

Fishergate Centre was acquired for £40m by private equity real estate fund manager Benson Elliot in August 2013 from Deloitte, acting as administrator to London & Associated Properties and Lloyds Bank.

Planning consultant DP9 is advising Benson Elliot.

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