Liverpool-based commercial agent Hitchcock Wright & Partners has secured the letting of Units 2 and 47 at Wayfarers Shopping Arcade in Southport to The Master Barber’s Shop and Time4me Workshops.
The Master Barber’s Shop, which previously occupied another unit in the building, has made the move to larger premises due to the success and expansion of the business. It will occupy a 2,403 sq ft two-storey unit in the Grade II listed shopping arcade on a 10 year lease.
New tenant Time4me Workshops will occupy a 238 sq ft unit on a three year lease. Ran by Margo Price, the new shop will sell fabrics, haberdashery and run sewing classes.
Located on Lord Street in Southport town centre, the arcade has more than 30 shops across two levels which totals circa 75,000 sq ft of net trading space. Retailers include Beales department store, Multiyork, Coco Boutique, Gentle Cosmetics, Rohan, Vintage Home, Lapel, Sweet Memories, Yankee Candles and Pudding & Pie.
The new lettings follows a string of new incentives now being offered to businesses interested in opening a shop in the historic shopping arcade. Any new retailers interested in a retail unit could benefit from half price rent for its first year of trading.
John Barker, partner at Hitchcock Wright, says:
“The retail offer at Wayfarers Shopping Arcade is a great mix of local speciality businesses which all bring a unique shopping experience to Southport. The expansion of The Master Barber’s Shop and introduction of Time4me Workshops continue to make the retail offer even stronger.
“We understand how difficult it can be for independent or first time retailers to find the right location, at the right price. The new incentive of a 50% rent reduction offers an attractive opportunity for retailers to set up shop in the thriving Wayfarers Shopping Arcade and join Southport’s buoyant high street.”
Hitchcock Wright acted on behalf of Lord Street Properties Ltd for the latest signings.
For more information about the remaining units and incentives on offer, please contact John Barker at Hitchcock Wright & Partners on 0151 227 3400.