Hercules Unit Trust announced that Nike will open its first UK non-discount shopping park store at Broughton Shopping Park in Chester. The store is due to open in October in a unit formerly occupied by JJB Sports.
Edward Cree, Senior Asset Manager for British Land, said: "We are continuing to actively evolve and reposition our shopping park portfolio. Nike is a fantastic addition to the park, will further broaden the offer at Broughton and adds another worldwide recognised brand to the Hercules portfolio."
The deal follows hot on the heels of recent lettings to Cineworld, Frankie & Benny's, Pizza Express and Chiquito at a £13 million (approx. €15 million) leisure extension under construction on an underutilized area of car park.
Broughton Shopping Park, located just off Junction 35a of the A55, comprises 25 units, a stand-alone restaurant and a public house. Tesco and BHS anchor the scheme and other retailers include Topshop, River Island, Next, Boots and Costa Coffee.
HUT was represented by Savills and Morgan Williams.
Source: British Land