European discount supermarket chain Lidl has taken 15,136 sq ft on a 15-year lease at £16 per sq ft. And Argos will occupy 9,000 sq ft in a double height unit that has the flexibility to add a mezzanine. The stores are located on Cecil Road, adjacent to the main pedestriansed street of stores at Palace Exchange, and situated directly beneath the scheme’s 530 space multi-storey car park. The Cecil Road units are connected to the main shopping street by a pedestrian footbridge.

Richard Macartney, director of leasing at ING Real Estate said: “These latest deals effectively represent the last major piece in the jigsaw of lettings at Palace Exchange. The town centre location and excellent parking facilities compliment both retailers’ offers, further increasing footfall at the scheme and completing our retail offer.”

Following these deals, only one high street unit remains available on the main open street scheme: the 1,214-sq ft Unit 4. Chase & Partners and Nash Bond are letting agents for Palace Exchange.

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