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Boots plans store at Newcastle’s Eldon Sqaure

Boots the Chemists has taken 9,000 sq ft over three levels at the Eldon Square Shopping Centre in Newcastle.

The store, at 2-4 Sidgate, was taken on a 10-year lease at rent of £225,000 pa.

The location takes advantage of owner Capital Shopping Centre’s (CSC) plans for a new Lower Mall connecting the Bus Station to Old Eldon Square.

CSC has been granted planning consent for a £170m remodelling and extension of Eldon Square, providing 480,000 sq ft of new retail space, a new bus station and improved pedestrian access.

Boots intends to open the store in June 2006.

Boots were advised by Blair Kirkman. Sanderson Wetherall/ Lunson Mitchenall advised CSC.

References: EGi News 11/01/06

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