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Retail Accommodation In The Heart Of Letchworth, The World’s First Garden City. The centre provides well configured retail units predominantly at ground floor level with easily accessible rear servicing. With two principle malls, Commerce Way and Central Approach...
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1 available shop for rent
1 available shopping centre unit
Average annual rent £32,000
Top listed agent Finch
Fri Mar 14 2025
AEW UK REIT has acquired a freehold high street asset in Hitchin, Hertfordshire for £10m, reflecting a net initial yield of 8.31% and a capital value of £213 per sq ft. The property, located at 13/13A, 114-119, 121-123 Bancroft and 3-4 Portmill Lane, extends to 46,905 sq ft of space across 12 retail units, a standalone office building, and car parking and service yards. The retail element of the property is fully let to a line-up of 12 tenants, with major occupiers including Marks & Spencer, Next, Vodafone, The White Company, and Holland & Barrett.
Wed Dec 11 2024
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.
Tue May 28 2024
The Mall in Luton is welcoming a number of new tenants, with Popeyes, BIM'S, Change Group, and Utilita all taking space at the Frasers Group-owned scheme. Fried chicken restaurant Popeyes, which has let 3,300 sq ft of space at the scheme, opened last week. Meanwhile, burger specialist BIM'S has taken 4,100 sq ft. The Change Group, a retail foreign exchange and bureau de change company, has taken 1,300 sq ft whilst Utilita, an energy and gas supplier, has let 1,400 sq ft.
