Three new retail and leisure lettings secured at L&G’s Grosvenor Centre, Northampton

Legal & General Investment Management Real Assets (L&G) has landed a trio of lettings at Northampton’s Grosvenor Shopping Centre, delivered by Knight Frank and Strutt & Parker’s retail teams.

OFFICE, the leader in high street footwear fashion has taken a 3,000 sq ft store on a 10 year lease, in a prime location next to brands including Superdry, Primark, Accessorize and Next. Loungers has signed a 15 year lease taking 4,638 sq ft of retail space at Welsh House, which sits at the Market Square entrance at the Grosvenor Centre.

Deichmann, the popular German-born shoe retailer has also extended their presence at the Grosvenor Centre, with Knight Frank delivering adjoining units totalling 5,590 sq ft, almost doubling the size of the existing store.

L&G are advised by Knight Frank and Strutt & Parker.

David Legat, Partner at Knight Frank, said: “The addition of Office and Loungers to our tenant line up, along with the upsize of Deichmann highlights the growing confidence retailers have in The Grosvenor Centre. The recent refurbishment has greatly improved the shopper experience, which will be further enhanced by these new openings.”

James Whitehill, Senior Fund Manager at L&G, said: “The arrival of Office and Loungers, alongside the new and improved Deichmann adds to the strength of the retail and leisure line-up in the Grosvenor Centre. The new lettings advance our aspirations to enhance the vibrancy of both the shopping centre and Northampton Town Centre for its shoppers and residents, in addition to providing new jobs to the town.”