Specialist out-of-town investment fund The Junction has signed Next to anchor the £6m Phase 4 redevelopment at Imperial Park, Bristol. This news comes as Tesco Home Plus opens the doors of its new 65,000-sq ft unit.
Next will trade from a newly built 20,000-sq ft unit taken on a 15-year lease at £25 per sq ft. In addition Phase 4 will provide a further 50,000 sq ft of predominantly Open A1 convenience and A3 units. Existing retailers at Imperial Retail Park include JJB Sports, B & Q, Woolworths, Peacocks, Argos and Pizza Hut.
John Gatley, managing director at The Junction said: “Both these lettings complement the offer at Imperial Park, Bristol by adding to the fashion and homes specialist range already available. Phase 4 is the next step in our programme of investment at Imperial Park, introducing new retailers as well as new CCTV and car parking facilities.”
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