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Within a space of a week, Aldi is the third major retailer to have signed a lease at Telford's Northern Quarter. The discounted supermarket has taken up a 20-year lease on a 19,500 sq ft anchor store. The store will open for Christmas 2018.
Developments are already underway which include a new entrance into The Border Mall and improvements on the landscaping.
The Northern Quarter is adjacent to an 800 space Red oak car park, which is the main gateway to the town centre for people from the main office area and the train station. This Quarter is one of three major development schemes currently underway at Telford Centre. The new fashion Quarter has recently had retail giants, Next and New Look sign leases, and the Southern Quarter is introducing new resturants including Shropshire's first TGI Friday's.
Alexandra Pugh, Senior Leasing & Asset Manager at Sovereign Centros, which is managing the redevelopment of the centre on behalf of the owners, commented: “We are delighted to announce Aldi as the latest new signing at The Telford Centre. Our customers highlighted the need for a new food store and we are delighted to have secured one of the UK’s fastest growing supermarket chains to enhance the tenant mix at the centre. We are already in detailed discussions with a host of other retailers, many new to the town, interested in taking space in the remaining Northern Quarter units and will be making further announcements in due course.” “Our continued investment in Telford Shopping Centre, including the new Fashion and Southern Quarter developments, is reaffirming Telford’s status as one of the region’s most dominant retail and leisure locations.”
Posted on Fri 26 May