Fashion retailer Primark has signed for a new 44,000 sq ft store formerly occupied by House of Fraser at CBRE Investment Management’s Ashley Centre in Epsom.
The anchor store, which spans two floors and is adjacent to the scheme’s central square, is set to open in early 2025. The centre is currently undergoing a £7m refurbishment, which will see its interior refreshed and a new external entrance created.
Louisa Butters, head of retail asset management UK at CBRE IM, said: “Primark’s signing is a significant moment for the Ashley Centre. The opening will mark another milestone in our repositioning project that underpins our long-term strategy for the revitalisation of the Ashley Centre, ensuring that it continues to serve the needs of the community in every way possible. We look forward to delivering an optimised and enhanced experience and environment for our visitors and reap the benefits of our large-scale refurbishment.”
Philippa Nibbs, director of sales UK, London and the South East at Primark, addded: “As we continue to invest in the UK high street, we are delighted to announce our new store in Epsom that will open next year. We look forward to becoming a part of this community and playing a central role in the refurbished Ashley Centre.”
GCW and Lunson Mitchenall act for the Ashley Centre.
