9 retailers have reaffirmed their dedication to the Cwmbran Centre by renewing their leases, the proprietor has introduced.
LCP, the nationwide business property and funding firm that owns and manages the centre, described the variety of renewals as “important”, including that it demonstrated there’s a sturdy future for retail within the city.
Starbucks, Jeffries Jewellers, Warren James, Peacocks and Bonmarche have agreed five-year leases, whereas H Samuel and the three Greggs shops have additionally renewed.
Alex Williams, asset supervisor at LCP, mentioned:
“Since we acquired Cwmbran Centre at first of the 12 months, we have been busy attending to know the tenants and the local people, so it is nice information for buyers that these 9 retailers have already renewed their leases.
“We have now an additional tranche of latest lettings and renewals being finalised, which we look ahead to revealing over the following few weeks.
“As a significant retail vacation spot, the centre advantages from a various mixture of tenants and Cwmbran stays in a powerful place, which may solely be excellent news for the native economic system and for buyers who take pleasure in coming right here.”
