New 32,000 sq ft Primark store provides boost to shopping centre

Addington Capital, the investment and asset management company, in partnership with the shopping centre owner EPISO, a fund advised by Tristan Capital Partners, has announced the opening of the Primark store at its Charter Walk Shopping Centre in Burnley. Primark has taken 32,000 sq ft of retail space and the store will create 110 jobs in the centre.

Alex Wagstaff, Partner at Addington Capital commented

“It’s great to see the new store now open which will prove hugely popular to Burnley’s loyal customers. This completes an initiative that started over two years ago that involved the relocation of Wilko from this unit to the former 99p stores shop within the scheme, creating the opportunity to deliver the new Primark.”

“The shopping centre is trading very well and we hope to build on this success by submitting a planning application shortly to reconfigure a circa 15,000 sq ft retail block in the Market Square to deliver further lettings to meet demand from strong national retailers.

Primark joins other national retailers trading within Charter Walk such as River Island, Wilko, JD Sports, Boots, The Entertainer and Superdrug. The centre is now over 95% let.