Deal signed for 15,620 sq ft M&S at Walkden Town Centre
Property firm The Derwent Group has agreed terms with M&S at its 160,000 sq ft Walkden Town Centre Retail Park development.
The multinational retailer has signed up for 15,620 sq ft at the Greater Manchester development on a 15-year lease.
M&S’ new store will comprise 10,620 sq ft of ground floor space and a 5,000 sq ft mezzanine for food retail.
The unit, G1A, is located on the corner adjacent to the recently opened Guess How Much and the Quality Save launching in January 2017.
Walkden Town Centre is already home to retail brands such as Tesco, Poundland, Boots, B&M, Pets at Home and JD Sports, along with coffee company Costa Coffee and fast food chains McDonalds, Subway and KFC.
James Maule-Ffinch, senior asset manager for The Derwent Group, said: “Our aim is to balance the retail mix to include quality brands alongside discount retailers and M&S was at the top of our list to cater for our diverse customer base.
“M&S has signed across a number of Derwent’s retail parks this year and we hope to do more with them as opportunities arise.”
Joint agents on the 160,000 sq ft Walkden Retail Park scheme are CSP and Petch & Co.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity