AS Retail, the niche retail advisory company, acting on behalf of Royal London Asset Management, have let a unit within Lower Precinct Shopping Centre, Coventry, to international stationery retailer Smiggle as they continue their expansion in the UK.
This is a 100% prime unit and Smiggle were the selected party after a competitive bidding situation. The property sits between Next and H&M with Smiggle aiming to open in the next few weeks following a comprehensive re-fit.
Andrew Shepherd, Director of AS Retail commented: “Smiggle are an excellent addition to Lower Precinct and boosts the tenant line-up further following the lettings over the past two years to Schuh, Pandora, Tiger and F Hinds. Other asset management opportunities exist for retailers to obtain representation within the centre.”