Tyneside retail parade now full following trio of lettings
Northumberland Estates has completed three lettings at Northumberland Park, Shiremoor, to achieve 100 per cent occupancy at its expanding retail parade.
The scheme, which is anchored by a 25,000 sq ft Sainsbury’s store, has recently welcomed Card Factory, Heron Frozen Foods and national bakery chain, Cooplands.
Totalling a combined 7,000 sq ft, the three deals were brokered by joint agents Barker Proudlove and Savills.
The existing retail parade at Northumberland Park, which is also home to Subway and Franks Flooring, was extended earlier this year to help accommodate additional occupiers as a result of growing demand for retail amenities in the area.
Anthony Cape, asset manager at Northumberland Estates, said: “We are delighted to welcome three well-known retail brands to Northumberland Park and bring the scheme to 100 per cent occupancy.
“Shiremoor and the surrounding area is an increasingly desirable residential location and there are currently around 750 homes under construction in the immediate vicinity of Northumberland Park.
“As a consequence, the retail parade is proving to be a very popular choice for a wide range of retailers as well as leisure operators, so it is excellent to see that our longstanding confidence in the area is paying off.”
To the west of Sainsburys, Northumberland Estates has been making progress on further expansion of the retail park, close to the existing Toby Carvery.