Action is being taken to attract more retailers into Grantham’s The George Shopping Centre.
The centre’s new owner, Atlantis Holdings, the investment arm of the Reading-headquartered Atlantis Group, has slashed service charges and created a range of leasing packages to attract businesses.
Since acquiring the centre we have substantially reduced the service charges by a third.Andrew Strong, chief executive
They say the aim is to make the High Street centre “very affordable”.
Andrew Strong, chief executive, said: “As new landlords our doors are open to new occupiers, offering competitive and flexible lease packages for either start up businesses or existing businesses.
“Since acquiring the centre we have substantially reduced the service charges by a third, which means that with the great leasing packages the centre is now very affordable.
“All of this coupled with the beautiful and historic setting and existing occupiers means that it is a great place for either a retail or leisure business within the town.”
The units are being marketed by commercial agents Savills, who say space is available for retail, leisure and office uses.
Victor Ktori, head of office at Savills Nottingham, said: “Sales areas ranging between 830 sq ft to 4,760 sq ft, which are available to let on flexible lease terms.
“Units can be combined to provide larger floor plates and benefit from on-site parking and security.
“The space on offer is suitable for a variety of uses subject to planning, with applications supported by the South Kesteven District Council.
He added: “Both the retail, leisure and office space provide high quality business accommodation and we expect to receive considerable interest from potential occupiers.”
The new drive to fill the centre, where existing occupiers include Pizza Express, Edinburgh Woollen Mill and Lunettes Opticians, comes eight months after the complex was sold for £1.9 million.