SGS UK Retail has agreed a store upsizing deal with Superdrug at Harlequin Watford.
The new Superdrug store, which will expand into space adjacent to the retailer’s existing store, will span 11,503 sq ft – a 37% increase on Superdrug’s current 8,400 sq ft space.
The larger store will enable the brand to stock a wider range of cosmetics, skincare, healthcare, fragrances and wellness products.
Robert Jewell, managing director of asset management at Pradera, said: “Harlequin is a prime example of active, intelligent leasing done right, where occupiers welcome success and visitors feel understood. Superdrug’s recommitment demonstrates why brands continue to find the centre an attractive prospect worth investing in, and the expanded space will work to serve the needs of the far-reaching catchment.”
Clare Jennings, property director at Superdrug, added: “We’re excited to be extending the store in Harlequin Watford. This investment reflects our continued commitment to bricks-and-mortar retail and allows us to bring an enhanced range of health and beauty products and services to local customers. The new store will feature leading brands, fragrance offerings and our Beauty Studio which provides a range of beauty treatments and piercing services. It will also create new jobs, further supporting the local community.”
Time Retail and LM are Harlequin’s retail leasing agents and Metis and LM lead the leisure leasing. Pradera asset manages Harlequin on behalf of SGS UK Retail. GCW acted on behalf of Superdrug.
