Four retailers have signed new leases at Merseyway shopping centre in Stockport.
New Look, Ann Summers, Roman Originals and Lashious Beauty have all signed new leases that will see them remain in Merseyway alongside the centre’s other stores after the centre was bought by Stockport Council.
Stockport Council says, with its managing agents CBRE, it is are now working to ensure that Merseyway has a bright future.
As well as working to bring new stores to Stockport, significant investments are also being planned for Merseyway over the coming years that will see the centre updated and improved, giving residents and businesses a shopping centre they can be proud of.
Councillor Kate Butler, Executive Member for Economy and Regeneration at Stockport Council, said: “It’s fantastic news that New Look, Ann Summers, Roman Originals and Lashious Beauty have all signed new leases to stay in Merseyway.
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“Each of the stores play an important role in making the shopping centre successful and I wish them continued success for the future.
“This is an exciting time for Stockport with the Council working to transform our town centre, support existing business and attract new investment into our borough. It’s also important to note that the purchase of Merseyway didn’t cost local taxpayers a penny.
“The success of Merseyway is central to unlocking the potential of Stockport and ensuring that our town is at the forefront of retail in the region.”
Merseyway Shopping Centre is being managed on behalf of the council by CBRE.
Ben Moorhouse, Asset Management Director at CBRE, added: “Following the acquisition of Merseyway, we have actively engaged with the existing retailers to secure their commitment to Stockport.
“These recent deals, combined with positive ongoing discussions with other operators within Merseyway represent a positive start to the Council’s ownership.
“We are also in discussions with other retailers, not currently represented within Stockport, to bring them into the town and further improve the retail offer within the Scheme.
“The Investing in Growth programme within the town centre and future proposed development of Merseyway will continue to improve perception and increase the profile of Stockport to help attract new retailers and further investment into the town.”