Pictured above: Rob Alston
Solihull's Mell Square shopping centre has been reinventing
itself this year as the home of the town's quality independent
retailers.
The shopping centre - which has seen modern neighbour Touchwood
establish itself as the main location for the High Street fashion
giants - has fought back because retailers basing themselves there
are making huge savings on overheads, says Rob Alston, retail
partner of Cushman & Wakefield.
They are also joining other high quality niche independents,
whose presence tended to complement each other, he added.
Cushman & Wakefield have just finalised the letting of a
unit at Mell Square's Drury Lane to designer children's wear
retailer Bratz. The company has moved from Touchwood to take over
1,000 sq ft (93 sq m) 20 Drury Lane.
Bratz is the fifth such letting at Mell Square this year
completed by Cushman & Wakefield. Others include Walnut and
Weave, a home wares and furniture store which has taken over 2,000
sq ft (186 sq m) at 32-34 Mill Lane, and Aspire Style, which has
moved into 1,000 sq ft of space at nearby 26-28 Mill
Lane.
Aspire specialises in ladies' accessories and giftwear, and has
three other shops in the Midlands. Another recent letting, this
time in Drury Lane, has been to exclusive fashion retailer Serene
Order, who, like Bratz, have relocated from Touchwood. Serene Order
has taken 1,000 sq ft of space.
The final letting of the fifth - to fashion retailer TK Maxx -
was announced a fortnight ago. TK Maxx has taken 15,000 sq ft
(1,394 sq m) over two floors at 4-8 Mell Square.
Rob Alston said that the number of independents moving to Mell
Square this year had been encouraging. He said that the shopping
centre was already home to a variety of larger retailers, including
Marks & Spencer, House of Fraser, Boots, BHS and Argos.
"Mell Square is a home for prime retailers, but also quality
retailers in affordable secondary locations," he said.
"There is a definite trend here - the new arrivals are mostly
lifestyle retailers, and a couple of them have relocated from
Touchwood.
"In doing so, they have reduced their overheads by 50-60 per
cent, which is obviously very significant. We are actively trying
to get more of these lifestyle companies to relocate in Mell
Square."