Metro Bank signs on for Sheffield centre
London & Associated Properties PLC has announced that it has exchanged contracts to sell a 999 year lease on 58-64 Fargate, the unit at the front of its Orchard Square shopping centre in Sheffield, to Metro Bank for its own occupation. The unit is currently let to River Island.
LAP’s Chief Executive John Heller said: “this is one of the most prominent units in Sheffield and we are delighted that Metro Bank will be an occupier at the front of our shopping centre. Metro’s arrival gives us added confidence that Orchard Square will continue to be a successful shopping centre even at a time of great upheaval in retail generally”.