TJ Hughes Letting Kickstarts Bootle Masterplan
Posted by Ellandi on 21st Jul 2015
nine months after purchasing the Strand Shopping Centre, Ellandi can announce
that they have completed the first stage of their Bootle masterplan.
have been signed with local favourite TJ Hughes who will be opening their 16th
store of over 30,000 sq ft in time for Christmas trading 2015. The
creation of their new premises involves closing two malls, encompassing 21
vacant units within the scheme in addition to the site of their former store.
for a 10 year lease started shortly before Ellandi bought the centre and should
see the Liverpool discount retailer open by mid-October creating 50 new jobs as
a result of an investment of nearly £3m.
major announcement is in addition to the news that Ellandi also completed regears
with national retailers Iceland & JD Sports, securing their ongoing
occupation within the scheme in addition to new lettings to Select & Shoe
Zone and a renewal to Perfect Homes.
the retail mix is only part of Ellandi’s tried & tested masterplan. The
specialist community shopping centre investors intend to roll out a series of
improvements including refurbishing the toilets & malls; revitalising
entrances and carrying out a rebrand along with setting in the new signage
which was revealed in October last year.
Hutchinson, Asset Manager at Ellandi said “We recently carried out some
research which showed that 74% of shoppers are shopping the same or more at
their local shopping centres. Retaining good tenants and adding to the retail
mix will establish The Strand once again as a vibrant shopping destination for
the local community.
a result of the TJ Hughes letting and others, we have already reduced vacancy
rate by 23.5%. The works we have planned will further enhance the
shopping experience and give the local community a town centre to be proud of.”
Carney, Sefton Council’s Chief Executive, commented “The return of TJ Hughes to
The Strand is excellent news for the Centre and the south of the borough.
see a recognised national retailer return to The Strand is very encouraging and
will only benefit the local economy in the years to come. We wish them every
success for the future.”
Clarke, centre manager of The Strand added “We are very excited to welcome TJ
Hughes back to the Centre. Since TJ's doors closed some 5 years ago, our
customers have been asking us to bring them back on a daily basis. Now
they have agreed to reopen their doors and it’s fantastic that we have been
able to deliver something that the community has been asking for.
Working alongside Ellandi to deliver the redevelopment of the centre, I am
personally excited about what the future holds.”