Capital & Regional secures Apple for Lincoln
Waterside Shopping Centre announces the latest in a string of lettings
Capital & Regional, the specialist retail property company, has secured the first Apple franchise for Lincoln, with a letting at The Waterside Shopping Centre.
Operated by Stormfront Retail Ltd which currently operates 14 Apple outlets across the UK, the 3,360 sq ft store is due to open on 17 December.
Capital & Regional purchased The Waterside Shopping Centre from clients of PRUPIM in February 2011. The scheme is currently anchored by names such as Primark, New Look and Topshop which recently re-fit its 7,800 sq ft store and chose The Waterside Shopping Centre as one of the first sites in the UK to feature its latest store design. The Apple letting is a significant deal for Capital & Regional as it looks to reposition the tenant mix and profile of the centre within Lincoln city centre.
Andrew Haughey, Retail Asset Manager at Capital & Regional, commented: "The Apple brand is iconic and a major retail magnet wherever it trades. Stormfront is the premium UK franchisee and we are delighted to introduce it to Lincoln.
"This letting, alongside a line of other new names which have recently taken space in the centre, demonstrates how we are successfully applying our retail management skills to reposition The Waterside Shopping Centre as the dominant fashion and lifestyle destination within Lincoln."
"We will be making further exciting announcements soon on our future plans for the centre."
Tushingham Moore is the leasing agent on The Waterside Shopping Centre.