Asset and property management company, FI Real Estate Management, has completed the first phase of a refurbishment programme at North Point Shopping Centre in Hull, resulting in two new tenancies moving into freshly reconfigured units just three weeks after the completion of the project.
Keen to capitalise on the revitalised space, as well as Hull’s economic and social buoyancy following its position as the UK’s City of Culture 2017, Fulton Foods and Yours Clothing have opened for trade.
Frozen food retailer Fulton Foods has taken 2,600 sq ft of space at North Point on a ten-year lease and ladies plus size fashion retailer Yours Clothing has taken 2,740 sq ft on a five-year lease.
The 19-week refurbishment programme at North Point Shopping Centre included the reconfiguration of 6 shop units and circa 14,000 square feet of space. Work commenced on 23 October 2017 with the project completing on 2 March 2018.
Just nine units comprising a total 12,070 sq ft of space now remains available at the centre alongside existing tenants including Iceland, New Look, Home Bargains, Poundland, Boots and Bon Marche.
Rob Melling, asset manager at FI Real Estate Management, said: “We have been really encouraged by the two new tenancies moving into their freshly refurbished units at North Point Shopping Centre just three weeks after completion of the project.
“Hull is enjoying renewed success following its status as the UK’s City of Culture in 2017 and we were keen to provide retail businesses the opportunity to take advantage of this with refurbished space at the popular shopping centre.
“The location of North Point is ideal for retailers, as it’s right in the heart of the local community, with a library and health centre nearby. In addition, the shopping centre benefits from excellent transport links as the third busiest bus destination in Hull.
“It is no surprise then that North Point also served as one of the venues for Hull’s City of Culture events, hosting a range of music performances including gigs by Black Grape and Reverend and the Makers.”