Belfast Telegraph

Festive boost for Derry shopping centre

By Brendan McDaid

Three major new companies have been signed up to open outlets in Londonderry’s Richmond Centre in time for Christmas — with five more in the pipeline.

JD Sports has just opened a new 5,000 sq ft store after a 12-week construction project and shopfitting.

The store will stock the company’s full range of products from popular fashion brands to trainers and footwear and is expected to be a major draw for the Shipquay Street shopping centre.

Clothing firm Quiz is now also poised to open a new 1,600 sq ft store.

The company has signed a new 10-year lease on a prominent unit that has been created by the landlord refurbishment of part of level three.

Yankee Candle, meanwhile, has taken a 2,500 sq ft unit, also on level three.

The scented candle and giftware retailer has also opened its store in time for the Christmas trade.

These new lettings add to a number of other deals completed this year with new occupiers such as Cheque Centre, O’Brien’s, Card House, Indigo and Wall’s Ice Cream.

“The Richmond Centre has been open for 26 years and despite difficulties in the past remains a popular shopping destination in the city,” said Lisney associate director Nicky Finnieston, who secured the lettings with Darren Best of Colliers International.

“Footfall has been increasing week-on-week in recent months, and the recent signings represent an important vote of confidence in the centre’s future.

“JD Sports had various other options in the city but chose to stay at the Richmond Centre and to expand its presence.”

He added: “We are currently in advanced negotiations with five other major retailers who wish to secure space in the scheme and we hope to be making some more lettings announcements in early 2012.”

The Richmond Centre is run by Arrowcroft which has been appointed by the owners to asset manage the scheme and is actively working to further improve and develop it.

Arrowcroft is one of the largest privately-owned property companies in the UK.

Belfast Telegraph