Three join The Lexicon

Published:  11 July, 2017

Bracknell scheme over 90 per cent pre-let two months from opening

With less than two months to go until opening, Superdry leads a string of new lettings, taking a 7,875-sq ft store. It will be joined by homeware and gifts retailer Tiger, with 2,390 sq ft of space, and independent tea, coffee and cocktail shop, Coffee Barker in a 4,000-sq ft unit. More than 90 per cent of the 580,000-sq ft scheme is pre-let or agreed, with strong interest being shown in the remaining units.

Scheduled to open on 7 September 2017, the new retail and leisure destination is one of the largest urban regeneration schemes currently being built in the UK. Together with the adjacent, existing Princess Square shopping centre, the enlarged town centre will include one million sq ft of retail, restaurants and leisure space.

Richard Poyser, retail leasing manager for Legal & General, said: “The Avenue will be the town’s premium pitch, providing a stylish area for the high-end brands in the town. Customers will love the retail choices and the appealing environment, enhanced with planted areas and trees, complete with plenty of al fresco seating. Bracknell has an affluent and growing catchment and the new town centre will have plenty to appeal to these customers throughout the day.”

The Lexicon Bracknell has attracted top retail brands such as Next, H&M, River Island, Fat Face, Topshop, Pandora, Marks & Spencer and Primark. This line-up includes the first, new build, full line Fenwick to be opened in 11 years as one of the anchor stores in an 80,000-sq ft unit over three levels.

The Lexicon Bracknell is being developed by The Bracknell Regeneration Partnership, a 50:50 joint venture between Legal & General Capital and Schroder UK Real Estate Fund, working in partnership with Bracknell Forest Council. The joint agents for The Lexicon Bracknell are CBRE and Lunson Mitchenall.

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