Sovereign Land attracts four new retailers to Corby

  • Corby Town shopping centre 

Sovereign Land, the retail and leisure developer and asset manager, has signed leasing agreements with four new retail and food and beverage operators at the Willow Place & Corby Town Shopping, Northamptonshire.

Pep & Co, the fashion retailer, has taken 6,700 sq ft at 20 Willow place on a two year lease. Pep & Co are currently fitting out and planning to open in July 2015.

Goddards, a ladies and gentlemen’s fashion retailer, has opened for trade at 7B Willow Place. The company has signed a ten year lease at a yearly rent of £52,000 on the 2,500 sq ft store.

Italgaleto, a regional ice cream and waffle retailer, has taken 1,570 sq ft at 34 Corporation Street on a five year lease at a yearly rent of £45,000. 

In addition, a world food buffet offer trading as ‘Vaagabons’ has taken 2,500 sq ft at 3-5 Corporation Street on a ten year lease at a yearly rent of £25,000.

Simon Phipps, leasing development and asset management surveyor at Sovereign Land, said: “We are very pleased to have secured these new lettings which are part of our wider plans to provide greater diversity to Willow Place and Corby Town Shopping’s tenant mix.

"Corby is one of the fastest growing towns in England with more than 28,000 new homes being built by 2020, which provides us with an excellent opportunity to expand and enhance the retail, restaurant and leisure provision for this growing town.”

Innes England and Savills are joint retail agents on the Willow Place and Corby Town schemes.

Ben Taylor, head of retail agency at Innes England, said: “Corby is one of the fastest growing towns in England and the town centre continues to attract high levels of enquiries. The leisure and retail offer in the town is continuing to evolve and mature, and we very much look forward to working closely with Sovereign on this exciting scheme.”