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Latest retail news in Seaham
LCP brings trio of tenants to Washington shopping centre
1 January 2025
Commercial property and investment company LCP, part of M Core, has brought a trio of new tenants to M The Galleries, Washington (formerly The Galleries). The scheme welcomed a new food and beverage offering from restaurant operator Loungers, opening as Cantoro Lounge. The 3,968 sq ft restaurant, which opened in December, has been taken on a 15-year lease. Cantoro Lounge forms part of a 30,000 sq ft retail and leisure redevelopment project at the centre, which features four new shopfronts, external cladding, and new landscaping.
LCP repurposes over 41,000 sq ft at Sunderland retail park
3 December 2024
LCP, part of M Core, has welcomed three new tenants to M The Galleries Washington, taking the total amount of repurposed space at the Sunderland scheme to over 41,000 sq ft. Country Kitchen and Eden Mobility have opened on the ground floor, with Natural Soul Skincare adding to the retail offer on the first floor. These new openings follow on from 19 deals which have already been completed at M The Galleries this year.
North East outlet centre sees surge in retail and F&B sales
2 November 2024
Dalton Park Outlet, the outlet shopping destination in Seaham, County Durham, has reported a surge in sales across the centre. The scheme – which is asset managed by Global Mutual – has recorded an increase in total transactions of 19.8% since January, with food and beverage sales up by 9.4%. Key contributors to the F&B growth include brands such as Costa Coffee, Greggs, Etto Caffé, and Bakers + Baristas, all of which have seen an uplift in sales.