Luton Point welcomes flurry of new signings

Frasers Group, advised by Sovereign Centros from CBRE, has signed several new deals at Luton Point (formerly The Mall Luton) shopping centre.

Leading the signings is fashion and home outlet, Choice, which has exchanged on a 13,400 sq ft store with a sales area of 7,000 sq ft. The new store is set to open in the first quarter of 2025.

Meanwhile, bakery chain Greggs has agreed to relocate to a larger premises within the scheme, while children’s toy retailer ToyTown recently opened a 6,700 sq ft store at Luton Point.

Finally, Indian takeaway restaurant operator Tikka Nation has taken a 1,788 sq ft unit, set to open next year.

The businesses join existing tenants at the 900,000 sq ft scheme, such as anchor retailers Primark, H&M, and Tk Maxx.

Mark Stapleton, asset manager at Sovereign Centros from CBRE, said: “Luton Point’s position in the heart of the town is underlined by these deals which continue to build on our strong retail and hospitality offer.”

Neil Donovan, managing director of Choice, added: “Our new Luton Point store sits in a dominant retail destination offering us a superb trading opportunity and allowing us to showcase our fantastic product range.”

NM Real Estate and JLL are the joint letting agents at Luton Point.