Bristol’s oldest shopping centre almost full as its fortunes revive
As 2017 draws to a close, the owners of Bristol’s oldest shopping centre can reflect on a very positive year as The Arcade is now close to being fully let for the first time in many years.
Grade II listed, The Arcade in Bristol’s Broadmead is almost 200 years old and the relatively small units saw them lose popularity amongst bigger retail names in recent years.
But over the last 12 months or so, joint letting agents, Bristol-based Williams Gunter Hardwick and Cardiff-based Oscar Clarke have repositioned the 1824 arcade as “the heart of interesting shopping” in the city centre of Bristol. The result is that all but three small units of the 24 units are now trading or under offer.
“We have deliberately sought potential occupiers with something different to offer,” says Stuart Williams, Director with Williams Gunter Hardwick, “and that has meant turning down the majority of offers we receive in order to achieve the right combination of outlets. Service occupiers and retailers seeking retail space to support their online and mail order operations have been favoured. It is about securing long term occupiers who can grow their businesses and benefit from the variety of occupiers that differentiates The Arcade from the shopping elsewhere in Broadmead.”
“The units in The Arcade typically have ground floors of around 200 – 1,500 sq ft and most have basement and several upper floors. The quirky and unique feel of this busy, covered thoroughfare makes it a perfect home for occupiers – some of whom are opening their first ever shop or more experienced operators also spotting the opportunity.”
New occupiers this year include hair and beauty specialists Beauty Zone and Kelly’s Nails, food and drink operators Taste of Napoli (Italian coffee/deli), Rollin’ Vietnamese and Wok Boxstix noodle restaurant. It is hoped to announce completion of a letting of the largest vacant unit in The Arcade early in the New Year to an exciting retailer offering a use not currently represented in this busy thoroughfare – so watch this space!
The Arcade, built in 1824 as one of a connecting pair of Arcades, enjoys a particularly high footfall as shoppers use this as a route from Broadmead to the Primark and Debenhams department stores on The Horsefair. To join this exciting mix, interested parties are invited to contact one of the letting agents.