Despite the current challenges for the retail sector, Morris Property is bucking the trend after closing a deal to let the last three units covering 15,000 ft², at their Arrow Point Retail Park in Shrewsbury.
Outlex X, which sells High Street furniture brands with savings of up to 80%, welcomed hundreds of shoppers when it opened for the first time. They announced their relocation plans just last month having relocated to Arrow Point from Market Drayton.
Greg Robson, director at UCP, said: “The turnout for our opening has been fantastic and we’re so grateful to our loyal customers. It has been a testing time for everyone and we hope to inspire others in the retail sector with this move and work hard to keep customers visiting stores safely.”
Liz Lowe, head of estates at Morris Property, said: “To be emerging from lockdown with Arrow Point fully let is the shining beacon of hope that the retail sector needs. Outlet X’s offering complements the wealth of brands already here and we are confident that footfall will continue to rise over the coming months."
The letting of the three units was arranged by David Walton of Harris Lamb, who is sole agent for Arrow Point, which is host to a number of well-known names including Tile Choice, Poundstretcher, Charlies Stores, Shropshire Carpets and British Heart Foundation.
Small office and workshop spaces prove popular
Construction project gets under way in Newport
Works will be complete for start of new term
Move will allow Telford firm to grow
Solicitors say Covid restrictions will not stop increase in demand
Launch party is planned for later this year
Firm goes above and beyond during lockdown
Site set in 51 acres with future bookings already confirmed
Accountancy firm backs team for third year in a row
Market Drayton manufacturer supports Shropshire Virtual Show
Achieve Together now has convenient central location
Shropshire firm delivers equipment for prime time reality show
One of the first in the UK to be diagnosed now supporting NHS donation scheme
£100m property portfolio is revealed
Family-run business moves to safer site