Portsmouth’s Ocean retail park transforms its retailer line-up and boosts footfall
The Crown Estate has secured a raft of new lettings at Ocean retail park, transforming the retailer line-up and investing £650,000 to enhance the overall experience for shoppers at the park.
The most recent lettings include Lidl, Smyths Toys and a popular homewares store and follow a series of lettings over recent months, with M&S Foodhall, Boots and Card Factory also joining the park. The new lettings continue to increase the popularity of Ocean retail park, with consumer footfall growing 14% over the last 12 months.
Lidl is set to open a new 25,000 sq ft store, the homewares store 26,000 sq ft and Smyths Toys 15,000 sq ft. All three are targeting an opening of Christmas 2019.
The opportunities for new retailers to join the park follow the closure of the Homebase and Toys R Us stores in 2018, and PC World consolidating its presence at Ocean retail park into the Currys PC World Megastore. Over the past 18 months, the Crown Estate has reconfigured and re-let 90,000 sq ft across the park.