Cube RE (Cube) has appointed Creative Retail as the new, retained letting agent at St Andrew’s Square, Droitwich Spa, a JV between Cube and Hathaway Opportunity Fund.
St Andrew’s Square comprises approximately 40 units within a pedestrianised scheme. The town centre shopping centre is anchored by Morrisons supermarket and houses other national retailers including Poundland, Boots, Specsavers, Holland & Barrett, Card Factory and WH Smith, as well as many local, independent retailers.
Following a series of improvements, including new, modern gateway entrances, festoon lighting, new centre branding and signage, and improved planting throughout, Cube recently welcomed Pure Gym to the shopping centre, as well as securing new lettings to Arch Rivals – a Worcestershire based micro pub and brewery, Droitwich Nails and the local cake shop Megs Pegs.
Jonathan Butcher, senior asset manager at Cube, says: “We have had great success over the last year, with our significant investment into the scheme enabling the welcoming of new household names and local businesses. As a local firm, with a national reach, Creative Retail is the perfect team to continue this journey adding to the mix of local and national leisure and retail operators.”
Guy Sankey, partner at Creative Retail, says: “St Andrew’s Square is a key asset in Droitwich Town Centre, providing both national covenant operators and independent tenants with institutional-grade commercial space. We are delighted to be selected as the landlord’s sole agent where our advice, knowledge of the market and unrivalled Midlands contact base will assist Cube to realise their asset strategy, as well as strengthening the retail and leisure offer in the town.