Merseyway Shopping Centre in Stockport has completed lease renewals with a number of national retailers indicating continued confidence in the Town Centre.
Waterstones, Topshop, Three Store and Thomas Cook have all renewed their leases, with local retailer Gabbott’s Farm also agreeing new terms.
The lease renewals follow on from a hat trick of new lettings confirmed in late 2014 with F. Hinds, West Coast and Santander all taking space at the shopping centre where around 90 stores are located in 380,000 sq ft of retail area, with 835 car parking spaces.
Jacqueline O’Shea, director of property agents GVA and managing agent of Merseyway, said:
“With footfall at Merseyway in 2014 exceeding 10 million for the fourth successive year, these lease renewals demonstrate the confidence retailers have in Stockport as a shopping destination.
“There has been a lot of positive news coming out of the town in recent months, with plans for the 80,000 sq ft Redrock development being approved and the developments in Stockport Council’s transport strategy which could see trams coming to Stockport, all of which can only enhance the town’s existing offering and benefit retailers at the centre in the long term.”
Merseyway is currently investing in activity designed to attract new retailers and continuing its investment in attracting visitors to Stockport.
Established in 1965, and built on giant arches above the river Mersey, Merseyway was one of the first shopping centres to open in the UK. In 1995 the centre underwent an extensive refurbishment and is anchored by Marks and Spencer, Debenhams, BHS and most recently Primark, amongst a wide range of other national multiple retailers including Boots, Pandora, Topshop, Next etc.
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