Armagh’s The Mall to undergo refurb under new management
The Mall, which comprises 63,000 sq ft of retail accommodation, has renewed its lease with anchor tenant Sainsbury’s with further deals to be completed in 2023
The Mall Shopping Centre in the centre of Armagh centre, Northern Ireland, will undergo a refurbishment following its acquisition by Turkington Group earlier this year.
Under new ownership, the scheme has renewed its lease with anchor tenant Sainsbury’s and welcomed a new tenant, Hays Travel, with further deals expected to complete throughout 2023.
The Mall, which comprises 63,000 sq ft of retail accommodation in the centre of Armagh, will benefit from a “significant” investment which will transform it into a “vibrant and modern” shopping hub.
Gary Turkington, operations director of Turkington Group, said: “We see huge potential to breathe new life not only into The Mall, but into the heart of Armagh through the creation of an unparalleled shopping experience in the city.
“With our commitment to substantial investment and innovative enhancements, we look forward to unveiling an exciting array of retail opportunities that will redefine the future of The Mall.”
CBRE Northern Ireland acted as the advisors on behalf of Turkington Group throughout the transaction.
Stephen Smith, associate director of retail at CBRE NI, added: “The Mall has long been established as the dominant retail scheme within Armagh, and since being acquired by Turkington Group, is attracting renewed interest from both local and national retailers, and food and beverage outlets.
“The renewal of Sainsbury’s lease as the anchor tenant provides stability and appeal to both shoppers and potential lessees. With significant investment on the horizon, The Mall now presents a really exciting lucrative opportunity for potential tenants.”