Corby Town Shopping & Willow Place (‘Corby Town Centre’) has agreed a 10-year lease with B&M, one of the UK’s fastest-growing variety retailers. B&M will take up 40,242 sq ft of space at 1 Queens Square, in the heart of the town centre. It is due to open Thursday 31 October.
This is the latest in a string of major leasing initiatives undertaken at Corby Town Centre. Leases have been exchanged with both Cards Direct and Boyle Sports, both of whom are due to open in time for Christmas.
A new lease has also been completed with Shoezone, which relocated within the town centre to upsize its premises. The recent strong demand from both the national market and local independents has pushed the centre’s occupancy to 95%.
With an annual footfall of 8 million, Corby Town Centre is the leading retail destination in North Northamptonshire. Home to Primark, TK Maxx and H&M, the centre comprises over 150 shops, bars and restaurants.
Corby Town Centre was acquired by Northdale Asset Management (‘Northdale’) and Magnetar Capital in late 2022. Sovereign Centros from CBRE act as Asset Managers of Corby Town Centre and are advised by Wright Silverwood and Knight Frank.
Tom Nuttall, asset manager at Sovereign Centros from CBRE, said: “Corby Town Centre is the premier shopping and leisure destination for North Northamptonshire, home to many of the country’s leading retailers. Following a proactive leasing strategy, B&M’s new anchor store, in addition to other significant lettings, further positions Corby as a vibrant hub for residents and visitors.”
