Shopping Centre
Lexicon looks up
Published:  25 April, 2017

Four new lettings take Bracknell scheme to 71.2 per cent pre-let

L’Occitane en Provence, Ernest Jones, Patisserie Valerie and Bill’s Restaurant have signed up for the £240m Bracknell town centre regeneration scheme that will open in September 2017. The urban regeneration scheme is now 71.2 per cent per cent pre-let by floor area, with a further 77,709 sq ft in negotiations.

L’Occitane en Provence will take an 893-sq ft unit on The Avenue, near to Marks & Spencer, while Ernest Jones store is to open in a 2,138-sq ft unit on the corner of The Avenue and Bracccan Walk. And adding to the catering line-up Patisserie Valerie has signed a lease for a 580-sq ft unit on The Avenue with Bill’s Restaurant taking a 3,454-sq ft unit on Braccan Walk.

Richard Poyser, Retail Leasing Manager for The Lexicon Bracknell, commented: “We’re delighted that four more top names will be opening in The Lexicon. They will join a host of other retail and F&B brands that have taken space in the scheme, including Fenwick, H&M, Next, KIKO Milano, Fat Face, Marks & Spencer plus wagamama, Gourmet Burger Kitchen, Nando’s, Chimichanga and Carluccio’s. The scheme letting is gathering serious momentum as we move into the last five months before opening.”

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. Joint agents are CBRE and Lunson Mitchenall.