LGIM Real Assets has secured new occupiers for the former BHS store at the Grafton, Cambridge. Value fashion retailer H&M is to expand its store and introduce the H&M Home concept to Cambridge by taking the ground floor of the former BHS unit, increasing its footprint by 60 per cent to 28,570 sq ft.
PureGym will open a 17,500-sq ft fitness club on the second floor and the conversion of the former BHS unit will be completed with a new F&B quarter on the first floor, to be branded Food Social. The space will complement the existing F&B tenants and the adjacent eight-screen Vue cinema.
Senior asset manager Tom Williams said: “We’ve increased our investment into the refurbishment to help deliver a new and unique leisure offering for Cambridge to be delivered through the reconfiguration of the former BHS. This is a key aspect of the refurbishment programme and the new announcements demonstrate both existing retailer and new operator confidence in the scheme.”
The refurbishment of the Grafton is being project managed by Wrenbridge and agents are BNP Paribas and Bidwells.