ISIS Property - Retail Letting - Norwich, Castle Mall Shopping Centre

Date: 21 Nov 2002

ISIS Property has agreed two new lettings at Friends Provident’s successful 37,161 sq m (400,000 sq ft) Castle Mall Shopping Centre in Norwich as two existing retailers move to larger units:

New Look has more than doubled its space, moving to a 1,486 sq m (16,000 sq ft) units on a 15 year lease at £180,000 per annum plus a proportion of turnover. The fashion retailer currently occupies 543 sq m (5,845 sq ft) and will open its new store in the New Year.
Vodafone Retail Limited has taken 136 sq m (1,461 sq ft) on a 15 year lease at £120,000 per annum.

Brendan Smith of ISIS Property comments:
“Castle Mall continues to be a magnet for shoppers from across East Anglia. Established stores such as H&M, Boots and Mothercare are enjoying strong trading while retailers such as New Look and Vodafone are increasing their presence in this thriving centre. We are examining further opportunities to accommodate increased space requirements from other tenants.”

ISIS Property, advised by retained lettings agents Douglas Stevens & Co, acted for Friends Provident Life & Pensions Ltd. Dalgleish represented New Look and Francis Darrah acted for Vodafone.

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