Monsoon opens new North East store at Morpeth’s Sanderson Arcade!

Monsoon opens new North East store at Morpeth’s Sanderson Arcade!

12 July 2010

Monsoon is opening a new store in the second phase of Morpeth’s successful town centre Sanderson Arcade development.

The first phase of the £32 million development, anchored by Marks and Spencer,  opened in November last year. That phase is now fully let and work started earlier in the spring on delivering three further retail units in the North East Market Town.

Monsoon is taking a unit covering 2120 sq ft (197 sq m) on a ten year lease. The new store will trade alongside other major high street retailers including Marks and Spencer, EAST, Laura Ashley and Waterstones at the Arcade which was opened by Joanna Lumley OBE in November last year.

This next phase of work at Sanderson Arcade will be completed in the Autumn ready for opening as the centre nears its first birthday. The two further outlets cover 3,315 sq ft and 1,700 sq ft. The new store will create 20 new jobs in Morpeth.

Launched in 1973, with its first boutique in London’s Knightsbridge, Monsoon is one of the leading destination brands on the UK high street with more than 405 Monsoon and Accessorize UK stores and over 1000 worldwide.

Retail Property Director at Dransfield Properties, developers and owners of Sanderson Arcade, Andrew Malley said: “Monsoon and Accessorize are great brands and we are confident they will do well here at Sanderson Arcade.

“It’s a great start to the line up of this next phase at Sanderson Arcade and we are already talking to a number of other companies keen to be here in Morpeth.”

Work started on phase two in May this year and is on schedule to be completed as Sanderson Arcade prepares to celebrate its first birthday in November.

Mark Crookes at CBRE is the letting agent for Sanderson Arcade; the first phase opened in November 2009 and was 95 per cent let. Since then EAST and Facets, a North East jewellery firm have taken the final two first phase units.

Agents for Monsoon were Bristol based Williams Gunter Hardwick.

For further information visit the Sanderson arcade website at www.sandersonarcade.co.uk

For further information, contact:

Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644
Email: pr@dransfield.co.uk