Elland’s Bouverie Place, Folkestone fully let after Poundland and Deichmann deals

Ellandi and Tristan Capital Partners have fully let their Bouverie Place shopping centre in Folkestone after completing lettings to Poundland and Deichmann.

Poundland has taken the 6,768 sq ft former HMV unit while shoes and accessories specialist Deichmann has taken the discount retailer’s previous 6,439 sq ft store.

Both have taken 10-year leases with Green & Partners acting for the landlords.

The 285,140 sq ft  scheme is anchored by Asda, Primark and Next. Other tenants include TK Maxx, Starbucks and The Body Shop.

Ellandi’s Richard Hutchinson said: “Since we took ownership 18 months ago we have reinforced the centre’s position as the focus for retail in the town. We have also carried out a number of asset management and delivered marketing initiatives which have led to a fully let scheme”

The centre was built in 2007 by Bride Hall, and was bought by Ellandi and Tristan Capital Partners in June 2013.

Bouverie Place is one of a portfolio of 19 shopping centres in the UK asset managed by Ellandi, the UK’s leading investor in community shopping centres.