Retail Property Deals

Harry’s signs for flagship restaurant in Covent Garden

3rd July 2025

Italian restaurant Harry’s has signed for a flagship site within Shaftesbury Capital’s Covent Garden Estate in London. Opening this winter at 11-12 Russell Street, Harry’s at Covent Garden will span 3,100 sq ft and feature an outdoor dining terrace on the Piazza. The restaurant’s menu will include a range of Italian dishes alongside a range of cocktails and wines. Harry’s will join a number of restaurants in the surrounding area, including Ave Mario, Balthazar, The Barbary, Delamina Townhouse, Flat Iron, Story Cellar, The Oystermen, and SUSHISAMBA. Emma Matus, head of restaurant leasing at Shaftesbury Capital, said: “The site on the historic Piazza is one of the city’s best hospitality pitches, featuring an unrivalled al fresco dining area in the very centre of Covent Garden. As a fixture of London’s culinary scene, Harry’s is the ideal brand to do this site justice, and will add an elegant and authentic dining option to the neighbourhood’s flourishing offer of high calibre operators in a one-of-a-kind atmosphere.” The signing of Harry’s follows the recent announcements that Sri Lankan street food concept ADOH! is set to open in Covent Garden this summer, while French-Japanese lifestyle brand Café Kitsune will open at 55 Monmouth Steet later […]

Nespresso to open boutique at Edinburgh’s St James Quarter

2nd July 2025

Nespresso is set to open its first and only boutique in Edinburgh at St James Quarter. Located on the destination’s third level, the coffee brand’s 1,173 sq ft space will feature its latest experiential retail concept. The Nespresso boutique will include a ‘Coffee as an Art’ bar, designed to enable visitors to discover the craft of coffee, sample new flavours, and enjoy learn new recipes with classes hosted by the Nespresso team. Shoppers will also be able to browse Nespresso’s full range of machines and accessories, and a space dedicated to coffee pod recycling. Chris Pyne, leasing director for St James Quarter, said: “The signing of Nespresso brings another globally renowned name to St James Quarter, reinforcing its position as Edinburgh’s prime retail and leisure destination.” Anna Lundstrom, CEO of Nespresso UK&I, added: “At Nespresso, we aim to create boutique spaces that bring to life our commitment to innovation, memorable coffee experiences and the craft of coffee, and the new St James Quarter boutique is the perfect place to bring these values to life. Situated in the heart of Edinburgh, we hope it serves as an inviting space for coffee lovers to connect with our brand.” The signing of Nespresso...

Barclays banks on new branch at Chatham Maritime

1st July 2025

Barclays Bank is set to open a full-service branch at Dockside at Chatham Maritime, designed to serve the Medway region in Kent. The new branch will offer a range of services, including personal and business banking, financial advice, and modern digital banking solutions. Barclays will be situated on the scheme’s frontage, joining brands such as McDonald’s, Loungers, Zizzi, Wagamama, and M&S. The move follows the relocation of Clarks and Choice at Dockside to newly-fitted out stores situated next to The Range’s anchor store. The wider Chatham Maritime development sits on a 300-acre waterfront regeneration zone and features dockyards, an independent distillery, and a marina. The Dockside centre is currently shifting from a predominantly outlet-focused offering into a mixed-use destination for retail, dining, entertainment, and business and community services. It sits opposite St Mary’s Island, a new 5,000-home residential community. Peter Everest, managing director of WD, which owns Chatham Maritime, said: “Barclays’ arrival here at the heart of Chatham Maritime reinforces our vision of an all-day waterfront destination combining brilliant brands and everyday convenience to cater for the needs of the Chatham and wider Medway region. Barclays will play a key role in supporting the local economy and enhancing convenience for our […]

Newbie to open 10th UK store in Bracknell

30th June 2025

Newbie is set to continue its nationwide expansion with the opening of its 10th UK store at The Lexicon in Bracknell, Berkshire. The Swedish babies’ and children’s clothing brand – which is part of the Kappahl Group – will open its store in July, following recent openings in Bromley and Windsor. The arrival of Newbie at The Lexicon forms part of the retailer’s long-term growth strategy, with the brand looking to establish a presence in key markets. Newbie is also planning to open a store in Ealing in November. Gemma Keenor, Newbie UK country manager, said: “We are excited to open our tenth store in Bracknell on 10 July as there is an increased demand for childrenswear clothing. “We are incredibly proud to have opened Newbie store in the beautiful historic market town of Windsor earlier this month. The reception we have received from our customers has truly exceeded all our expectations.”

Starbucks brews up Gloucester Quays opening

26th June 2025

Starbucks has signed for a new store at Gloucester Quays retail park. Taking a 1,840 sq ft, the coffee shop operator’s new location will feature a drive-through and space for 64 covers inside and outside. The café will serve Starbucks’ full range of drinks alongside a variety of food. Designed as a ‘third space’ between work and home – the store will look to offer a welcoming environment for customers, whether they are visiting the retail park or the nearby outlet shopping destination. Starbucks will join retailers at Gloucester Quays retail park such as Bensons for Beds, Next, Dreams, Hobbycraft, and Home Bargains. The destination is also home to a leisure offer from The Padel Club, which opened last October. The 43,577 sq ft venue followed a £1m investment, and since opening the club has welcomed more than 7,200 Padel players. Bruce Edmondson, director of retail parks and developments at Peel Retail & Leisure, said: “Starbucks brings a firm-favourite coffee to our Gloucester Estate, offering added convenience for visitors to the likes of The Padel Club at the retail park and indeed the outlet next door. We see them playing an important role as part of a well-rounded, diverse ecosystem of […]

B&M leads new lettings at redeveloped Worcestershire retail park

25th June 2025

Goold Estates has secured a number of new lettings at Tannery Retail Park in Stourport-on-Severn, Worcestershire, following a £1m redevelopment of a former Co-op site. These new signings are led by B&M, which will open a 18,889 sq ft store in August within the retail park’s largest unit. The discount retailer joins St Richard’s Hospice Foundation, with the charity shop set to open a 5,092 sq ft larger format store in July. These latest lettings follow the relocation of InStore Pharmacy at Tannery Retail Park, which has moved into a newly-created 1,859 sq ft unit. Goold Estates, a property investment and development company, acquired the 29,000 sq ft former Midcounties Co-operative store in 2024. Located on a 2.1-acre site, the building has since been subdivided and refurbished to create a multi-let retail scheme, with new shop frontages, LED lighting, and a bike shelter. The retail park also benefits from a 145-space customer car park. The site was renamed Tannery Retail Park in recognition of the historic Stourport tannery that had occupied the site for more than 260 years. One 3,000 sq ft unit remains available to let at the scheme. Anthony Williams, director at Goold Estates, said: “We’re pleased to welcome...

Rituals to continue expansion with Outlet Shopping at The O2 opening

19th June 2025

Rituals is set to continue its ongoing expansion with the opening of a new store at Outlet Shopping at The O2 in London. Opening in July, the 2,260 sq ft store offers the retailer’s range of bath, body, and home products. The opening marks a continuation of the retailer’s expansion across the UK, with Rituals earlier this year stating that it intends to open 37 stores in 2025. Louisa Dalgleish, leasing director at Outlet Shopping at The O2, said: “Beauty and wellness are categories that continue to perform exceptionally well within Outlet Shopping at The O2, and Rituals has always been an aspirational brand following its impressive and successful rollout strategy. It’s exciting to add yet another high-quality brand that we know our far-reaching customer base will love, joining our already successful line of premium wellness retailers such as Clarins and The Cosmetics Company Store.” Located around 15 minutes from central London, Outlet Shopping at The O2 offers a curated mix of brands, entertainment and dining options, as well as a riverside setting.

Urban Outfitters to open first store of 2025 at Metrocentre

19th June 2025

Urban Outfitters has signed for its first new store of the year at Metrocentre in Gateshead. Opening this summer, the brand’s flagship store will span 8,000 sq ft and sit adjacent to fellow fashion retailers Zara, H&M, and New Look. Urban Outfitters at Metrocentre – which will become the brand’s second within the region – will offer a range of menswear and womenswear, alongside accessories and homeware. Ben Cox, director at Sovereign Centros from CBRE, asset manager of Metrocentre, said: “Urban Outfitters is a globally recognised brand with a strong connection to young, style-conscious shoppers, and it is only right that we welcome them to our leading tenant mix and signal our commitment to delivering what our visitors want. The demand for trend-setting brands such as Urban Outfitters continues to grow, and it’s a strong message to play host to its first UK store opening of the year. This follows the news that Inditex-owned fashion retailer, Stradivarius, has signed for a space within Metrocentre’s lower Red Mall for its first location in the North East.

The Portman Estate signs first new tenants for new Marylebone destination

18th June 2025

The Portman Estate has signed the first retail and leisure tenants at its Loxton Walk development in Marylebone, London, due to open later this year. The first of the new signings is Melrose & Morgan, which will open a 3,300 sq ft triple-fronted flagship store at 5 Loxton Walk. This will become the boutique grocer and delicatessen’s first permanent location following its acquisition by head chef Mauro Mateus. Founded in 2004, Melrose & Morgan began as a local deli and over time have transformed into a premium delicatessen. The brand’s flagship store at Loxton Walk will join its existing Regent Street café within Brityard. The opening will also set up for further growth, with the brand planning to add more stores over the next five years. Joining Melrose & Morgan is Japanese matcha bar MATCHADO, which will open its third site in London at 12 Loxton Walk. This latest venue follows on from the brand’s success at Coal Drops Yard King’s Cross and in Chiswick. Melrose & Morgan and MATCHADO will join NOTTO Pasta Bar, which was announced earlier this year by Derwent London as the first restaurant signed at Loxton Walk. Founded by Michelin star chef Phil Howard and […]

Hammerson completes first phase of repositioning works at The Oracle with Zara upsize

18th June 2025

Hammerson has completed the first phase of repositioning works at The Oracle in Reading after agreeing a deal with Zara to upsize its store. The Inditex-owned fashion retailer will occupy 40,000 sq ft of the former House of Fraser department store, with the brand’s new space offering womenswear, menswear, and childrenswear, along with the latest store concept and digital features. This completes the repositioning of the former department store, which welcomed Tk Maxx in May and will be home to leisure operator Hollywood Bowl when it opens in July. Elsewhere at the scheme, new lettings have recently been agreed with Jewells, ProCook, and Kiko as part of Hammerson’s efforts to renew the retail offer, whilst deals have been agreed with Shake Shack and Cosy Club, introducing new dining and social uses to The Oracle. Harry Badham, chief development and asset repositioning officer at Hammerson, said: “Completing this first significant phase of repositioning at The Oracle with a regional best in class Zara builds upon the successful partnership we have developed with Inditex elsewhere across our portfolio. We are confident, based on our track record, that the completion of this phase will hugely benefit customers and underpin the future retail evolution...

Charles Tyrwhitt suits up for Lakeside opening

18th June 2025

British menswear brand Charles Tyrwhitt is set to open at Lakeside Shopping Centre in West Thurrock, Essex, this summer. The 1,200 sq ft space will become the brand’s 39th UK store and offer a range of formalwear, casualwear, shoes, and accessories. Charles Tyrwhitt will become the latest in a string of brands to open at Lakeside this year, with the destination having already welcomed the likes of Wingstop, Reiss, and Jewells so far in 2025. Rob Jewell, managing director, asset management at Pradera Lateral, said: “We are proud to welcome Charles Tyrwhitt to Lakeside Shopping Centre. Its classic heritage, strong brand identity, and varied product range will make a positive contribution to the growing men’s retail offering at Lakeside. The arrival of exciting brands such as these highlights our commitment to providing unrivalled retail experiences – underpinned by an ambition to bring the very best brands to our customers.” Lewis Felix, retail director at Charles Tyrwhitt, added: “Our new store in Lakeside represents the 39th store in our growing UK estate. It allows us to build on our retail momentum by bringing our brand and product proposition to an exciting new location. Lakeside is synonymous with quality brands and we can’t […]

Clays shooting bar takes aim at largest site yet in London’s West End

17th June 2025

Interactive shooting bar Clays is set to open its largest site yet within London’s West End. The venue – located at 77 Brewer Street – will comprise around 20,000 sq ft across three floors. It will be situated in a Grade II-listed corner building owned by The Crown Estate. The site will feature a bar, virtual clay pigeon shooting pegs, private hire rooms, a luxury private room, a DJ booth, and ‘Clays Arcade’, designed for a more fast-paced experience for smaller groups and couples. The deal involved a change of use, listed building consent, licensing amendments, and an increase in capacity. ETCH. acted for Clays in the transaction, and have been retained by the leisure operator to secure further sites, with a focus on major cities across the UK and Ireland. The venue will become Clays fourth site overall, joining its existing locations in London’s Canary Wharf and The City, and Birmingham’s Piccadilly Arcade.