Atria Watford, a prominent retail and leisure hub in the UK, managed by Global Mutual and asset owned by SGS, with Savills overseeing property management, is set to introduce new stores to its portfolio. B&M is slated to open its inaugural store at the centre later this year, alongside Choice Discount, and a joint Peacocks and Bonmarché store, all anticipated to commence operations in the latter half of the year.
These new additions will be situated in the erstwhile John Lewis building, aligning with Dunelm’s first shopping centre outlet spanning 33,000 square feet and Poundland’s 14,500 square foot space. The upcoming B&M store will occupy approximately 21,000 square feet on the lower mall level, offering a wide range of top-brand groceries, health and beauty products, homeware, electricals, and more, aimed at providing quality at competitive prices.
Choice Discount is set to open a 5,000 square foot store under a 10-year lease agreement, promising a vast selection of brands and designer items at reduced prices, including apparel and accessories for women, men, and children.
Furthermore, the combined Peacocks and Bonmarché store, encompassing 10,000 square feet, also secured under a 10-year lease, will house a variety of value clothing and accessories from both brands.
Atria Watford, covering 1.4 million square feet in an affluent North London neighbourhood, is known for housing a diverse range of brands, from independent boutiques to globally recognised names such as NEXT, Mango, Uniqlo, and Hollister.
Steve Gray, Head of European Retail Asset Management at Global Mutual, expressed enthusiasm about the new store openings, highlighting the positive impact on consumer choice and the revitalisation of the former John Lewis unit as a sign of growing confidence in the retail sector.
A spokesperson for B&M Retail shared the excitement about the new store at Atria Watford, emphasizing the potential for job creation and the anticipation of welcoming customers to the new location.
This strategic expansion at Atria Watford signals a commitment to enhancing the shopping experience for visitors, offering a wider range of options and value.
