We are pleased to announce that Fareham Shopping Centre is close to agreeing terms with a new store to move into the former BHS unit.
BHS closed its Fareham store last year after the chain went into administration. It's expected the new retailer will be ready in time for the Christmas shopping period.
A number of improvements have been made to the Shopping Centre to make it more appealing to customers and retailers, including enhancing the internal décor with new lighting and redecoration.
Executive Leader of Fareham Borough Council, Cllr Seán Woodward, said: "The Council has been working proactively with the Shopping Centre owners to continue to provide a good mix of shops for visitors to the town. I'm delighted that major high street chains, such as Boots, have renewed their long term commitment to Fareham, and also that we will soon be seeing new occupants of the former BHS site – it is great news for shoppers and businesses alike in Fareham."
Chris Beckerman, Managing Director of Roubaix Group, which owns Fareham Shopping Centre, said: "Since we acquired the centre two years ago, we have been working hard to ensure that there is a vibrant mix of retailers for our customers, and have made a number of improvements in and around the centre to improve the visitor experience. Fareham is a great town, and we are very pleased to be working closely with the Council to bring forward a range of further improvements in the coming months".
A further announcement about the new store is expected by the end of this month.
The news comes as figures show Fareham Town centre as a whole continues to perform well and its vacancy rate (the number of empty shops) is below the national average.
Notes to editors:
Since July 2015, there have been a number of new lettings, lease renewals and renegotiations of existing leases at Fareham Shopping Centre. The numbers are:
In addition, five tenants were at a stage in their lease where they had an option to leave but chose not to.
For further information contact:
The Communications Team, Tel: 01329 824310
fax: 01329 550576, e-mail: email@example.com
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