Leicester High Street
Bromsgrove based, Barberry Developments has unveiled new plans
to transform part of Leicester High Street and create a
three-storey 16,000 sq ft retail space, which could accommodate up
to six retailers. The existing tenant, retailer Habitat has
surrendered the existing lease on the building at 40-50 High
Street.
A Habitat spokesperson said, "The size of the store has
always been a compromise to showcase our complete collection and we
aim to continuously provide our customers with an inspiring retail
experience. We have decided to take the opportunity to vacate on
May 13th."
Habitat's move enables Barberry to bring forward their vision
for the building and Barberry Director, Martyn Cartwright believes
the timing is very good for their plans,
"The High Cross Shopping Centre, anchored by John Lewis, is
providing a new focal point for shoppers in Leicester and the
adjacent high street now offers a modern, newly pedestrianised
thoroughfare. Our building is directly opposite one of the main
entrances to the High Cross Centre and therefore it promises good
footfall for new retailers without attracting the higher
occupational and service charge costs normally associated with a
shopping centre environment. By selecting high quality
retailers we can add a new dimension to complement the
shopping at High Cross. Leicester is now a sought after retail
destination and therefore potential tenants are talking to us about
the options they may have. The new refurbishment will breathe new
life into the area and provide a catalyst for further investment in
Leicester and enhance the retail experience for everyone. "
Letting agents for the new scheme are Atis Real and Bidwell
Webber De-Pons.