Merry Hill has announced significant developments at its lower retail park, with new store openings and lease renewals covering nearly 79,000 sq ft. National brands Costa and Bensons for Beds are the latest to join the retail park, alongside long-term commitments from existing tenants B&M Bargains and Matalan, leaving the park almost fully let.
Costa will occupy 2,800 sq ft, offering its signature hot drinks and grab-and-go food options. This opening complements a recently launched Costa café within Merry Hill’s main centre, further strengthening the partnership between the brand and the destination. Meanwhile, Bensons for Beds has taken 8,000 sq ft for a new store dedicated to ‘Sleep Wellness,’ showcasing a wide range of beds, furniture, and bedding to cater to diverse customer needs.
The investment in Merry Hill’s retail park is further underscored by 10-year lease renewals for both B&M Bargains and Matalan, which together span 68,000 sq ft. These commitments highlight Merry Hill’s continued appeal as a destination for major brands to thrive and invest for the long term.
Nick Round, Senior Asset Manager at Sovereign Centros, managing Merry Hill on behalf of CBRE, said:
“The retail park is a vital part of Merry Hill, offering a wider variety of shopping options and experiences from top brands, so these recent additions are a big step toward fully utilising the retail park’s potential. The work done over the last few years across the entirety of Merry Hill means we now have a comprehensive offer at the destination, with brands like Costa and Bensons for Beds aligning perfectly with our community’s needs. This effort has also been vindicated by existing tenants Matalan and B&M Bargains renewing their leases, also seeing why it’s so important to be a part of Merry Hill for the long term.”
These new signings follow a year of growth for Merry Hill, during which 49 brands either opened, signed leases, or reinvested in the destination, covering nearly half a million sq ft.
The retail park’s leasing activities are supported by JLL, Time Retail Partners, and Font Real Estate.
