Three Galleries businesses championed for helping Washington shopping centre get off to a good 2020

Bosses say lease extensions signed with its Market Village, as well as Poundland and Peacocks, have helped it on the right track as it reports on the first three months of trading.

High Street discount chain Poundland secured a 10-year lease extension and, as part of the deal, re-located to a larger 12,000 sq ft unit adjacent to Superdrug, fronting onto Wessington Square.

The new unit was fully refurbished before opening its doors for business in late 2019.

Market Village has also committed its long-term future to the centre with a 15-year lease extension, remaining in the same 30,000 sq ft premises opposite Sainbury’s, offering a wide range of independent shops and services.

Fashion retailer Peacocks renewed its commitment after signing an extension on its 7,500 sq ft store, where it will remain until the end of 2024.

Scott Linard, director of asset management at M&G Real Estate, said: “This latest round of leasing activity demonstrates the continued popularity of Washington Galleries as a shopping destination.

“We pride ourselves on continuing to proactively attract retailers across a range of different offers and maintain strong occupancy levels.

“These latest deals represent another real vote of confidence in our position as a regional shopping destination with a line-up that includes a balanced mix of national and independent names, ensuring we have something

to offer our 11.6 million annual shoppers.”