Search
Building Design & Construction — the leading information resource for the UK built environment
Commercial

ADDINGTON CAPITAL : QUEEN’S ARCADE, CARDIFF – SHOPPING CENTRE NOW FULLY LET

ADDINGTON CAPITAL : QUEEN'S ARCADE, CARDIFF SHOPPING CENTRE NOW FULLY LET

Addington Capital, the asset management and investment company announces new lettings at its Cardiff shopping centre: Queens Arcade:

– 3,500 sq ft  let to Shaws, The Drapers

– 1,000 sq ft let to Leisure Time

–2,000 sq ft let to Café Artgiano

– 750 sq ft let to Forget Me Not Gifts

These complete the flurry of deals in 2015 at the circa 180,000 sq ft Shopping Centre, that Addington Capital acquired as part of the Sapphire Portfolio in March 2011.  These recent lettings add to the various other deals to national retailers such as Skechers, Two Seasons, Christopher George Jewellers, Animal, The Entertainer, Cancer Research, No 1 Currency, Perfect Home and now mean that the scheme is fully let. The owners of the scheme have also installed a new children’s soft play area within the Lower Ground Floor Mall to provide a further free attraction in the scheme.

Commenting Alex Wagstaff, Partner and Head of Retail  at Addington Capital said, ” We are seeing a lot more confidence in the occupational side of the shopping centre market with more retailers looking for space. We are delighted that Queens Arcade is now fully let and the scheme is going from strength to strength.  Cardiff is a vibrant city with active demand for good retail space and we will continue to promote and actively manage our scheme.”

The letting agents for Queens Arcade Shopping Centre are Calan Retail and GCW.

In this story

All Addington Capital news, contracts & projects →

Related

The UK Built Environment, Every Month

Join 70,000 professionals receiving the BDC Newsletter, bringing together the latest news, developments and insights from across construction, property, architecture, design and the wider built environment.