Tuesday 12 December 2017

10 top locations for retail therapy

Dundrum Town Centre, Dublin

Status: Most usually the premier first target for any new retailers planning to break into Ireland and the biggest of the big target centres at just under 100,000 sqm. It already has more than 100 high street brands. The rents are among the highest in the country but Dundrum has almost proved itself recession-proof with strong drawing power continuing among high-end shoppers. As a result vacancies are always low. The cinemas, bars and restaurants give it late evening holding power.

New Arrivals: CompuB, Diesel, Pandora, Cath Kidston, Hollister, Jamie's Italian and Michael Kors.

Key Comparison Goods Tenants: Hamleys, Harvey Nicols, House of Fraser, Boots, Hugo Boss, LK Bennett, Massimo Dutti, Zara, Cath Kidston, BT2, Mexx, Tommy Hilfiger, Michael, Kors, French Connection, Hobbs.

Year Opened: 2005.

Total Floor Area: 93,136sqm.

Number of Floors: 3.

Blanchardstown, Dublin

Status: Usually among the top two targets for new arrivals along with Dundrum. Footfall is always impressive. Very strong among mid-market fashion shoppers.

New Arrivals: Superdry, Boots relocation, Diesel, Pandora, Schuh.

Key Comparison Goods Tenants: Debenhams, M&S, BT2, French Connection, H&M, Topshop, River Island, Oasis, Warehouse, Zara, Dunnes Stores and Penneys.

Year Opened: 1996.

Total Floor Area: 59,287sqm.

Number of Floors: 2.

St Stephen's Green, Dublin

Status: Limited vacancy but with temporary convenience letting widely employed. The 1988-built centre is one of the tallest, and exploits its link into Grafton Street. Its big strength is extensive parking in the city centre, making it the start-off shopping point for many who travel into town. It has been showing its age lately but expect to see big changes soon with the addition of rooftop cinemas which are expected to add hugely to its evening time pull and to inject a good deal of new life into its upper floors. A smaller number of larger shops is likely in the future as the centre consolidates and revamps.

New Arrivals: Golden Discs, Cooldudes, Loves Fashions, Fabio Dericci.

Key Comparison Goods Tenants: Claire's, Boots, Argos, TK Maxx, Dunnes,

Holland & Barrett, Benetton, Mothercare.

Year Opened: 1988.

Total Floor Area: 29,729sqm.

Number of Floors: 4.

Jervis Centre, Dublin

Status: Like Stephen's Green with Grafton Street, Jervis exploits its channel into Henry Street while city parking is the other big attraction. The centre has recently been beefing up its food and restaurant content

with the likes of Kay's Kitchen, helping to draw people in for dining and

also to keep them there after shopping. Also soaks up retailers who can't get into Henry Street.

New Arrivals: Kay's Kitchen, Cherry Crystal.

Key Comparison Goods Tenants: Boots, Bershka, Diesel, Dorothy Perkins,

Forever 21, Jack & Jones, M&S, New Look, Next, Schuh, Topman, Topshop, Miss

Selfridge, Stradivarius.

Year Opened: 1996.

Total Floor Area: 30,658 sqm.

Number of Floors: 2.

The Crescent, Limerick

Status: Despite its vintage (1973), the Crescent remains the dominant force on Shannonside thanks to its sheer size – 90 units and the largest centre outside the capital – with significant revamps in 2001 and 2006. Thus the Crescent has held its place in the top five locations for any new retailer

breaking into Ireland and is usually fully let.

New Arrivals: JD Sports, HMV, Pandora, Inglot, Skechers, Swamp.

Key Comparison Goods Tenants: Argos, Heatons, H&M, Boots, Elverys, Jack & Jones, Lifestyle Sports, Next, River Island, Tesco, Penneys, Zara, Tommy Hilfiger.

Year Opened: 1973.

Total Floor Area: 37,000 sqm.

Number of Floors: 1.

Mahon Point, Cork

Status: Thanks to the retail park across the road, Mahon Point has hedged it this year against stiff out-of-town competition on the Leeside which includes popular centres at Douglas, Wilton, and Blackpool.

New Arrivals: Restaurante del Arte, Skechers, Diesel.

Key Comparison Goods Tenants: Tommy Hilfiger, Zara, Bershka, Boots,

Debenhams, Ecco, Diesel, French Connection, Jack & Jones, Next, Oasis,

Mothercare, River Island.

Year Opened: 2005.

Total Floor Area: 27,871sqm.

Number of Floors: 2.

Eyre Square, Galway

Status: The centre remains the covered focal shopping point of the city

and has continued to benefit from its link into Edward Square, which

includes a strong selection of popular local traders.

New Arrivals: Gosh Shoes, New Look.

Key Comparison Goods Tenants: Dunnes, Champion, Penneys, Miss Selfridge,

Mothercare, Specsavers, Topshop, Next.

Year Opened: 1991.

Total Floor Area: 10,219sqm.

Number of Floors: 2.

Pavilions Shopping Centre Swords, Dublin

Status: Pavilions continues to cash in on the strength of being located in the fastest expanding part of Dublin and generates synergy from its link to Swords central and Penneys.

A substantial extension five years ago added a cinema, bigger brands and a better food mix and another planned upgrade will encourage tenants to stay put, though this may still be a few years off.

New Arrivals: Schuh, Compu b, Mango, Skechers.

Key Comparison Goods Tenants: Diesel, H&M, Dunnes, Argos, Zara, Tommy

Hilfiger, TK Maxx, Vero Moda, Lifestyle Sports, Schuh, Footlocker, Awear,

Jack & Jones, Superquinn.

Year Opened: 2001.

Total Floor Area: 34,281sqm.

Number of Floors: 2.

Liffey Valley, Dublin

Status: The 95 tenants here will still be smarting from a stiff rent review

in 2008/09 at peak rates but they have something to look forward to in the year ahead when the centre will be extended at the front and there's a new Penneys under consideration. Plus Tesco is said to be hovering. An added bonus is the food cluster of Harry Ramsden's, McDonalds, Burger King, Eddie Rockets and KFC off the M50 orbital.

New Arrivals: Bank, L'Occitane, Nando's, Skechers

Key Comparison Goods Tenants: Boots, Tommy Hilfiger, Topshop, River Island, Schuh, Oasis, New Look, M&S, H&M, Ecco, Dunnes, Coast, Awear.

Year Opened: 1998.

Total Floor Area: 39,226 sqm.

Number of Floors: 1.

Golden Island, Athlone, Co Westmeath

Status: The crowded nature of Athlone town centre means that the 40 shops

with parking at Golden Island draws the crowds for ease of access and use.

Cinemas increase the draw to make this centre a dominant shopping force in

the midlands.

New Arrivals: Specsavers, Dealz, Seduzca Fashions.

Key Comparison Goods Tenants: Elverys, Lifestyle, Boots, Swamp, Specsavers, Tesco.

Year Opened: 1997.

Total Floor Area: 14,666 sqm.

Number of Floors: 1.

Irish Independent

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