The Lexicon Bracknell rakes in the retailers

The new 580,000sq ft retail development named The Lexicon Bracknell has secured further big name retailers for its property, bringing the pre-let space to 70 per cent.

Jewellery retailer Pandora is the latest to secure a spot on The Avenue, the premium shopping street in the development located in Bracknell Forest just outside Greater London.

The 1389sq ft store will be positioned on the thoroughfare between the newly-built 80,000sq ft Fenwicks and two-storey 80,000sq ft Marks & Spencer, with retailers like Beaverbrooks and Fat Face as its neighbours.

Other new additions to the £240 million development include KIKO Milano and fashion retailer New Look, which has secured a 11,750sq ft store.

READ MORE: London’s “game-changing” Paddington Quarter development approved

“The Avenue will be a stylish area, with planted areas and trees, plus plenty of al fresco seating that customers can enjoy with friends and family,” The Lexicon Bracknell retail leasing manager Richard Poyser said.

“Bracknell‘s catchment population is set to rise to one million by 2024 with above national average household income and expenditure. The transformed town centre will attract these customers to visit more often and stay for longer.”

Schroder Real Estate head of UK retail Jessica Berney added: “Work on site is progressing well towards our September 2017 opening.

“The Fenwick store is now fully clad with an eye-catching façade that will form a dramatic backdrop to the area during the day and at night.

“The line-up of brands being signed will make The Lexicon Bracknell the first choice for retail and leisure in Berkshire.”

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