Gloucester Quays completes 11 renewals, part of 20 new deals in 2024, covering over 44,000 sq ft

Peel Retail & Leisure has announced 11 renewals as part of 20 leasing deals at Gloucester Quays this year, forming over 44,000 sq ft of space. The deals bolster its position as a top 10 UK outlet and the destination of choice for brands to open, upsize, renew, and refit their stores.

Amongst the 11 brands to renew at Gloucester Quays are French-Belgian kitchenware brand, Le Creuset, which invested in a brand-new fit out, and international lifestyle and athletic footwear retailer, Skechers, which increased its footprint at the destination by 50%. Leading names such as Clarks, White Stuff, Jack Wills, Suit Direct and Raging Bull have also recommitted to the destination, as have Denby, The Gift Company, Baggage World, and Trespass. By renewing their leases, these 11 brands highlight the profitability and resilience of the outlet in the year it celebrates its 15th anniversary.

Paul Carter, Asset Director at Peel Retail & Leisure, commented: “11 lease renewals is a sign of the strength of Gloucester Quays’ offer, and the ability to retain brands because they succeed here. Complemented by a host of new lettings, these deals mean our visitors will continue to have a diverse, top-quality tenant line-up, and the momentum won’t be stopping there. As we close in on the end of our 15th anniversary, the next year is already shaping up to be a bumper period for leasing, with several renewals in the works, and even more diversity in Gloucester Quays’ retail, F&B and leisure on its way in the coming months.”

Gloucester Quays has also welcomed a robust line-up of new brands this year, including stores from renowned retailers, Reiss, Moss, and the second UK standalone location from Berghaus. The outlet has added to its F&B line-up with international favourite, Pret A Manger, alongside Subway, Krispy Kreme and Bakers & Baristas, diversifying the overall offer and catering to an all-day out visitor.