Addington announces new Lettings at Charter Walk Shopping Centre, Burnley, scheme now 95% Let.
Addington, the investment and asset management company, in partnership with the shopping centre owners, at the Charter Walk Shopping Centre in Burnley including:
– Letting of 6,000 sq ft to the Entertainer
– Letting of 2,5000 sq ft to Body Care
– Letting 1,500 sq ft to Pandora
– Letting 1,500 sq ft to That’s Entertainment.
The letting to The Entertainer completes the £3 million reconfiguration of Market Square East Block, which Addington has recently redeveloped to produce three modern retail units. The Entertainer joins Peacocks and River Island to complete the tenant line up in this block.
Addington acquired the circa 250,000 sq ft Charter Walk Shopping Centre in a joint venture in March 2011, as part of the Sapphire Portfolio and has been actively redeveloping and asset managing the scheme ever since.
Alex Wagstaff, Partner at Addington said, ” Charter Walk is trading well and there is now strong national retailer demand for the scheme, but there are only a few units still to let. We have let around 20,000 sq ft of space this year alone.”
He added , ” At Addington our mission is to provide the right product at the right size and quality to attract key retail occupiers. This modernisation policy, together with the strong footfall in Charter Walk, has certainly sparked interest from the national retail chains and the scheme is now 95% let.”
Retail Agents on the scheme are Lambert Smith Hampton and Barker Proudlove.
Please note this announcement follows the recent announcement from Addington concerning the Queens Arcade shopping centre in Cardiff (also part of the Sapphire Portfolio JV acquisition ) which is now 100% let.
