INFLUX OF NEW TENANTS AT SPRINGFIELDS OUTLET

Chester Properties have announced a batch of lettings at their East of England Outlet, Springfields, they Asset Manage on behalf of UBS Triton Property Fund. Nike Outlet are the latest to commit to the scheme taking 8,000 square feet anchoring East Avenue. Marks & Spencer have also committed to a further 2,500 square feet taking them to a store of over 13,600 square feet. BMB brand Jeff Banks is taking 1,500 square feet.

Stacatto, part of the Pavers Group are opening their fashion shoe store in 1,600 square feet after Skechers recently moved in to a 2,000 square foot unit there. Completing the new fascias are relocated stores for Petroleum and Coloroll with 3 more stores in Solicitors hands replacing poorer trading tenants at the scheme.

Ian Sanderson, Head of Outlets for Chester properties, said: “There is a very significant ‘feel good factor’ here at Springfields, and this is backed-up by the successes seen by our tenants. Turnover and footfall remain high, with turnover having risen by 19% and 21% in the last 2 calendar years and this is attributed to an attractive mix of stores on offer, great value prices and a relaxed, and different shopping environment.

“Springfields is, of course, more than just an outlet shopping centre. Our stores are complemented by extensive gardens,a wide range of places to eat, a 42 bedroom hotel and leisure activities for children. We work hard with our brand departments to deliver an excellent shopper experience”.

Chester have also seen huge growth in their Festival park outlet in Ebbw Vale since attracting M and S Outlet into 10,000 sq ft and Gap Outlet into 7,000. A batch of new names are expected there soon with the addition of 2 major leisure attractions currently under construction.