Lincolnshire Co-op has signed Seasalt for its £70m redevelopment of The Cornhill Quarter in Lincoln. This follows shortly after some other exciting signings for the scheme, including 200 Degrees and The Botanist.
Seasalt will take 2,500 sq ft of space and will be located in one of the newly refurbished Sincil Street shops.
Seasalt said: “We are delighted to have agreed terms on the Cornhill Quarter and are pleased to be bringing Seasalt to Lincoln in early Spring 2019. The landlord has delivered a scheme of real quality and is committed to delivering a really exciting tenant mix in the future phases of the scheme.”
Seasalt will sit alongside recently signed 200 Degrees, in phase two of the redevelopment, which has delivered 23,000 sq ft of retail space, as well as a bright, attractive walkway through to the multi-storey car park. 200 Degress’ 90-seater café will serve freshly roasted coffee from its 200 Degrees roast house in Nottingham. It is the first outlet for 200 Degrees in the city and the brand’s eighth shop in the UK.
Tim Bradford, Managing Director at Banks Long & Co, said:
“We are seeing Lincoln consistently outperforming the wider market due to the approach The Cornhill Quarter has taken in restoring and retaining the original street scene, the top name brands we have secured in just the last few months is testament to this. Seasalt will bring something different and complement the existing offer in the scheme. We are continuing the momentum of The Cornhill Quarter with a number of additional discussions taking place with other quality retail, leisure and lifestyle brands, and look forward to sharing these in the coming months.
Ursula Lidbetter, Lincolnshire Co-op’s Chief Executive, commented:
“We are seeing this development moving with great momentum attracting yet another great name to add to the mix, which is bringing together our vision for the development. Seasalt will provide an offer which we don’t currently have in Lincoln, and will therefore attract local residents and visitors from the surrounding area to the city.”
The Cornhill Quarter scheme is rejuvenating a significant area of Lincoln’s retail pitch encompassing Cornhill, Sincil Street and St Mary’s Street, through a sensitive combination of repair, refurbishment, extension and new development. The first phase of the scheme, The Corn Exchange building, has been carefully restored and completed in 2017. Work is now reaching completion on the second phase of the £70 million Cornhill Quarter redevelopment, and work is beginning on the third phase of the scheme to build new units including the Everyman Cinema.
Sincil Street, with its refurbished Victorian shop fronts will be home to both Seasalt and 200 Degrees. The timber frames for the shopfronts and windows along Sincil Street have been handmade locally by Lindum Joinery.
This latest letting follows on from news at the end of last year that The Botanist will open a new cocktail bar in the third phase of The Cornhill Quarter development, sitting opposite the refurbished Corn Exchange building.
The scheme is also home to an array of other brands including; Cosy Club, Moss Bros., Flying Tiger Copenhagen, Thomas Cook and Lakeland, all helping to create a revitalised city centre retail destination.
Simon Gregory, MD of Lindum Construction said:
“We are delighted to see an additional tenant has been signed up for Sincil Street and we look forward to welcoming yet another new name to Lincoln city centre.
“It goes to show that, despite some of the challenges facing the retail industry at the moment, if businesses are able to find the right space in the right kind of development, there is still a willingness to invest and expand.”
“Work on Sincil Street, which forms Phase Two of the Cornhill Quarter regeneration programme, is progressing well and we look forward to seeing the full impact of the restored shop fronts once all the scaffolding is removed. We have also now begun work on Phase Three, which involves the construction of the new Everyman Cinema.”
Lincolnshire Co-op was represented by KLM Retail and Banks Long & Co.
