Home Bargains takes anchor store at Merrion Centre, Leeds
Town Centre Securities PLC, advised by Savills, has let one of the anchor stores at The Merrion Centre in Leeds to Home Bargains, which sells top quality, branded goods at low prices.The established value retailer has taken a new 15-year lease on the previous Woolworths store at the scheme and will open prior to Easter 2009. Home Bargains will pay an annual rent of £231,250 on the unit, which is arranged over two floors and totals 15,158 sq ft (1,408 sq m).
Helen Beckett, from Town Centre Securities, comments: “There was good demand for this unit. Home Bargains is a strong and popular brand that will both enhance our existing tenant mix at The Merrion Centre. In addition, it will add a point of difference for customers and, as such, will certainly help to drive The Merrion Centre footfall upwards."
In addition to Home Bargains a number of other new retailers have also recently taken space at The Merrion Centre in the last two months including Hair@Pro-Style, Nail Queen, Epic Myth UK and WOW Hair and Beauty.
Steve Henderson, associate director at Savills, comments: “The Merrion Centre has appealed to a wide range of retailers from local and regional to large national chains and it is this combination that has contributed to making the scheme a key retail destination in the city."
Home Bargains was represented by Bennett.