Retail Property Deals

Alo Yoga to open first store outside London on Manchester’s New Cathedral Street

23rd May 2025

Activewear brand Alo Yoga is set to open its first UK store outside of London on Manchester’s New Cathedral Street. The brand has signed a 10-year lease for a 7,018 sq ft unit, and will join recent arrivals Arc’teryx and Represent on the luxury shopping street. Founded in Los Angeles, Alo Yoga looks to blend technical excellence with contemporary fashion, offering a collection of performance and lifestyle apparel for both women and men. Located opposite the Manchester Arndale shopping centre, Sovereign Centros from CBRE act on behalf of M&G Real Estate and Global Mutual as joint asset managers of New Cathedral Street, which home to brands such as Harvey Nichols, Zara, Paul Smith, Hugo Boss, and Ralph Lauren. Steve Gray, head of European retail asset management at Global Mutual, said: “Welcoming Alo Yoga to New Cathedral Street underlines its reputation as one of the UK’s premium retail destinations. As demand continues to rise for premium lifestyle brands beyond London, Manchester’s strong demographics and cultural energy make it a natural choice for growing brands.” Scott Linard, portfolio director for M&G Real Estate, added: “Alo Yoga is a fantastic addition to our retail mix. We’re proud to support the growth of innovative […]

Premium florist becomes first to fit out at Chelsea Waterfront development

22nd May 2025

Premium florist House of Flowers is set to open at Chelsea Waterfront, becoming the first commercial tenant to fit out at the mixed-use development. The florist has taken 527 sq ft at Unit 6 on a five-year lease, and the signing comes ahead of RHS Chelsea Flower Show later this week. Chelsea Waterfront marks the final chapter in the transformation of London’s iconic power stations, following the regenerations of the Tate Modern and Battersea Power Station. The development primarily comprises residential units, complemented by 20 ground-floor commercial units, five of which are currently under offer. The development also offers a flagship restaurant opportunity and further ground-floor retail space. Olivia Hughes, central London retail agent at Colliers, which secured the letting on behalf of the landlord, said: “We are pleased to welcome House of Flowers to Chelsea Waterfront. Their premium offering aligns perfectly with the development’s vision of quality, community-focused commercial space. Their arrival ahead of the RHS Chelsea Flower Show sets a positive precedent for the future of this dynamic destination, establishing Chelsea Waterfront as a hub for quality retail and leisure.” Colliers is actively seeking operators for the available units at Chelsea Waterfront.

TFG London opens largest multi-brand flagship at Liverpool ONE

21st May 2025

TFG London has opened a four-in-one multi-brand flagship store on Liverpool ONE’s South John Street. The 12,000 sq ft store brings together fashion ranges from Hobbs, Phase Eight, and Whistles, and includes a homewares department from Inside Story. TFG London at Liverpool ONE will include features such as a styling suite and bar, and becomes the latest in a series of flagship openings at the scheme this year. Rob Deacon, director of asset management at Liverpool ONE – Landsec, said: “The opening of TFG London is another strong brand in a strong location, joining South John Street’s ‘best of the high street’ line-up and reinforcing the destination’s best-in-class reputation. 2025 is all about providing even more unique reasons for people to visit the destination, and the opening of a leading group’s biggest-ever multi-brand flagship will be sure to do just that.” TFG London joins South John’s Street’s line-up of upgraded stores, including Zara’s upsized flagship Both retailers will be joined by beauty brand Sephora, which is set to open later this week.

Wrexham AFC to open club shop at Eagles Meadow

20th May 2025

Wrexham AFC, the professional football club backed by Hollywood stars Ryan Reynolds and Rob McElhenney, is set to open a 17,000 sq ft club store at Eagles Meadow Shopping Centre in Wrexham, Wales. The store will be Wrexham AFC’s main club shop, serving both local fans as well as followers of the “Welcome to Wrexham” series, which has followed the club since it was purchased by Reynolds and McElhenney in 2021. The shop is set to include a space reserved for fans and the local community, as well as the installation of a content creation area. Wrexham AFC’s opening will continue a flurry of activity that has taken place at Eagles Meadow Shopping Centre over the past 12 months. New tenants include at the scheme include Airhop, Footasylum, Nouveau Restaurant + Bar, Foundry Gym, M1 Nails, Cwtch Ceramic Café, Geek Barbers and Geek Cabin. Savills completed the deal on behalf of EEH Ventures and Adynaton Asset Management. Adam Sanderson, surveyor in Savills’ retail team, said: “This deal not only marks a major milestone for Wrexham AFC, which is growing at a phenomenal rate both on and off the pitch, but also for Eagles Meadow Shopping Centre. The shopping centre is seeing increased appetite […]

House of Cavani suits up for Castle Quarter opening

20th May 2025

Men’s formalwear brand House of Cavani has signed for a new store at Castle Quarter in Norwich. The Italian-inspired brand has taken a seven-year lease for the store, which will be its 16th in the UK and its third in East Anglia, joining locations in Cambridge and King’s Lynn. House of Cavani will join major retail brands at Castle Quarter such as Tk Maxx, Boots, Flying Tiger, Tresspass, and The Entertainer, alongside competitive socialising operators including Boom Battle Bar, Putt Putt Social, and Escape Hunt. Will Ashdown, asset manager at RivingtonHark, said: “House of Cavani is a great addition to the line-up at Castle Quarter, and underlines the retail strengths of the destination. Throughout the repositioning towards social, leisure and lifestyle operators, we have worked hard to ensure major retail brands remain at the centre of Castle Quarter’s offer, and House of Cavani’s choice to open its latest store here demonstrates the strength of that approach. Our strategy of delivering a diverse an occupier line-up as possible is seeing significant benefits for all occupiers through footfall and trading performance.” Roche and Jamieson Mills are the retained agents at Castle Quarter.

Lifestyle brand picks Victoria Leeds for first location outside of London

20th May 2025

Luxury lifestyle brand BYREDO is set to open its first space outside of London at Redical’s Victoria Leeds. Following a successful concession within the Harvey Nicholls store at Victoria Leeds, the brand has now signed for a 2,154 sq ft space within Victoria Quarter. The store will stock a range of fragrances, makeup, home products, leather goods, and accessories. BYREDO will look to complement the destination’s existing self-care line-up, joining luxury skincare brand Aesop, which recently made its North of England debut. Rachel Bradburn, leasing director at Victoria Leeds, said: “The luxury nature of BYREDO means they will be a perfect fit with our leading tenant mix. Yet another strategic brand decision to launch its first standalone store outside of London, BYREDO’s flagship further cements Victoria Quarter as the go-to premier destination for luxury brands. We cannot wait to see what their new expanded space brings to the destination’s premium line-up.” This news follows the recent signing of womenswear retailer Nobody’s Child at Victoria Leeds, with the brand set to open its second store outside of London. Lunson Mitchenall and Central Retail acted for Victoria Leeds.

Korean beauty retailer PURESEOUL to open largest store yet on Carnaby Street

20th May 2025

Korean beauty retailer PURESEOUL is set to open a flagship store at 11-12 Carnaby Street in London’s Soho, the brand’s largest location to date. Opening in June, PURESEOUL’s 3,000 sq ft store will span two floors and include a range of experiential features, including a multi-use area on the ground floor. This can also be utilised as an activity space for pop-ups and workshops. PURESEOUL will join other beauty and wellness brands in Soho including Grown Alchemist, MALIN+GOETZ, Sculpted by Aimee, and cosmetics brands such as Aesop and Byredo. William Oliver, director of retail and restaurant leasing at Shaftesbury Capital, said: “PURESEOUL selecting Carnaby Street as the home of its flagship and largest store to date speaks volumes about the appeal of our neighbourhood, and how we resonate with next-generation, culturally-driven brands. PURESEOUL is a great example of a retailer which has been able to fuse the authenticity of Korean beauty and culture, offering the latest trends and experience-driven shopping, whilst encouraging curiosity amongst new consumers, and they will be right at home alongside our leading brand mix.” This announcement follows the news that unisex footwear brand Autry has opened at 61-63 Beak Street in Soho, making its UK debut. […]

Five brands recommit to Manchester Arndale with new long-term leases

19th May 2025

Five major retailers at the Manchester Arndale shopping centre have agreed new long-term leases, with the tenants signing for an extra 30 years in total. Leading the signings is footwear retailer Deichmann, which has agreed to upsize its existing 6,357 sq ft unit, taking an additional 2,101 sq ft of space on a 10-year lease. Meanwhile, Waterstones has signed a seven-year lease for its 15,717 sq ft, while The Body Shop and Victoria’s Secret have both agreed five-year leases for their respective 2,061 sq ft and 5,093 sq ft spaces. Victoria’s Secret is also planning a refit of its store. Finally, leisure operator Urban Playground has committed to a three-year lease extension for its 19,308 sq ft space. Steve Gray, head of European retail asset Management at Global Mutual, said: “It’s fantastic to see these established names choosing to extend their stay at Manchester Arndale. Their renewed commitment is a testament to the strong trading environment, impressive customer base, and dynamic mix of brands that the centre offers. We look forward to building on this momentum with more exciting updates in the coming months.” Manchester Arndale has recently welcomed a number of fashion and beauty brands, including BPerfect, Trailberg, and Pureseoul, […]

Shaftesbury Capital welcomes five F&B concepts to Soho

16th May 2025

Shaftesbury Capital has welcomed five food and beverage brands to its Soho portfolio. The deals include a flagship signing at the Kingly Court dining destination, as well as two openings on Foubert’s Place and one each on Hopkins Street and Berwick Street. Arriving in Kingly Court this summer is Northern Spanish-inspired concept ALTA. The restaurant will be set over two floors with private dining rooms and an outdoor terrace, and accommodate over 100 guests. The restaurant will join other food and beverage concepts at Kingly Court including Darjeeling Express, Donia, Bar Kroketa, and OKA. Meanwhile, smash burger concept Heard is joining Foubert’s Place, in close proximity to Carnaby Street. The 1,300 sq ft restaurant is the concept’s second and its first in the West End. Also joining the line-up on Foubert’s Place is French restaurant and wine bar Marjorie’s, which has opened an 830 sq ft space at 26 Foubert’s Place. The Parisian-inspired concept has 47 covers, both indoors and outdoors. London-based Filipino bakery has also joined Shaftesbury Capital’s Soho neighbourhood, opening a 1,200 sq ft space at 3 Hopkins Street. The bakery has up to 15 covers and features an open kitchen. Finally, Breadstall Pizza has opened in a […]

Merry Hill welcomes Slim Chickens

16th May 2025

Merry Hill in Dudley has welcomed the arrival of Slim Chickens, as the fried chicken restaurant opens the first of three sites this month. Spanning 5,229 sq ft, the two-storey restaurant will be able to accommodate up to 160 guests and will offer a range of Southern-inspired flavours. The opening follows the recent announcement that outdoor recreation retailer Cotswold Outdoor has signed for a triple fascia store at Merry Hill, alongside sister brands Runners Need and Snow + Rock. Nick Round, senior asset manager at Sovereign Centros from CBRE, on behalf of Merry Hill, said: “The opening of Slim Chickens’ underscores Merry Hill’s ongoing investment in its F&B options, complementing the vibrant line-up in the recently transformed leisure quarter. The popular operator adds further diversity to our roster of quick-service dining choices, meeting ever-growing consumer demand and solidifying the centre’s position as the West Midlands go-to for best-in-class F&B.” JLL, Time Retail Partners, and Font Real Estate represent Merry Hill.

Womenswear brand to open second store outside of London at Liverpool ONE

15th May 2025

British womenswear brand House of CB is set to open its second store outside London at Liverpool ONE, making its city debut. The brand – which has a large online and social media presence – will be taking a 6,500 sq ft space on Peter’s Lane. House of CB at Liverpool ONE will offer a range of occasionwear, catering to events such as race days and weddings. The brand will join an existing line-up of premium retailers on Peter’s Lane, which includes Space NK, Jo Malone, Reiss, Anthropologie, and ARNE. Rob Deacon, director of asset management at Liverpool ONE – Landsec, said: “We curate a best-of-the-best offer at Liverpool ONE, delivering an unrivalled blend of brands that responds to guest demand. Bringing with it an online follower base of millions, House of CB’s new store will provide just that, introducing its internationally acclaimed fashion to the city as it expands its presence in physical retail. The store will complement our one-of-a-kind line-up of leading fashion retailers, providing even more unique reasons to visit Liverpool ONE.” The signing follows the recent announcement that womenswear brand Anthropologie is set to open a 7,000 sq ft store on Peter’s Lane. The stores will join […]

Amsterdam-born menswear brand picks Chelsea’s Kings Road for UK debut

14th May 2025

Amsterdam-born menswear brand MR MARVIS has signed for its first UK store at 52 King’s Road in Chelsea. The brand, known for its collection of shorts, trousers, and tops, will be entering its fourth market and its first outside of continental Europe when it opens in London at the end of summer. Originally an online-only brand, MR MARVIS has been working with real estate advisor Savills to focus on its bricks-and-mortar expansion, with the Chelsea store becoming the brand’s 19th globally. As the brand’s third-largest online market, the United Kingdom – especially London – was selected as the next location for MR MARVIS, as the retailer looks to expand its presence across the region. Laurie Stokes, director in central London retail and leisure at Savills, which advised MR MARVIS, said: “Securing a site on King’s Road marks a significant milestone in MR MARVIS’ ambitious expansion plans. This prestigious location is expected to play a crucial role in enhancing their market presence and driving their growth strategy forward. “With this store acting as a springboard for further acquisitions in London and the UK, this move underscores their commitment to establishing a strong foothold in the capital’s most iconic shopping destinations.”