Trio of new lettings for Bracknell's The Lexicon

The Lexicon, owned in a joint venture between Schroders Capital and Legal & General Capital, has announced around 30,000 sq ft of new retail lettings with Dunelm, Levi’s and Tesco Express all set to arrive at the Bracknell retail destination.

These arrivals further expand The Lexicon’s fashion offering which currently includes retailers such as M&S, Fenwick, Superdry, H&M, Hobbs, Primark, Next, Phase Eight, Charles Tyrwhitt, TK Maxx and River Island.

Levi’s have agreed a new lease for a 3,885 sq ft store which opened in October with home furnishing retailer Dunelm occupying 15,000 sq ft of space in a new flagship letting for Princess Square.

Tesco Express will be opening adjacent to Starbucks, after signing a lease for a 2,599 sq ft unit.

READ MORE: The Lexicon in Bracknell to welcome big names with footfall up 20 per cent

Markos Kazittis, Dunelm Regional Coach said: “We’re excited to be opening our new Dunelm Bracknell store. The team will be working incredibly hard over the next few months to get everything set up and ready to welcome the local community into our amazing new home.”

These latest arrivals at The Lexicon continue the strong leasing momentum seen in Bracknell over the past 12 months.

Earlier this year nationwide bar and cafes chain Lounges moved into a 3,400 sq ft space meanwhile international gelato and desert brand Amorino moved into the Lexicon alongside kitchen and dining ware retailer ProCook.

Tom Woolven, Asset Manager for Schroders Capital’s real estate team, added: “We are delighted to welcome a host of fantastic new brands to The Lexicon. We expect these retailers to prove popular with our customers as we look to capitalise on the strong footfall and sales reported during the first half of the year.

“With The Lexicon now approaching full occupancy, we have curated a diverse tenant mix which provides a wide array of choice for our shoppers in the post-pandemic retail landscape. Meanwhile the on-site team at The Lexicon continue to make the scheme a welcoming place for all and help ensure The Lexicon continues to be a thriving retail destination which attracts people from across the Thames Valley and beyond.

“The local community is integral to the success and vibrancy of The Lexicon. Hosting events throughout the year such as the Bracknell Forest Pride, and The Lexicon Summer Proms help to bring the scheme and the community together. The retail landscape has been very challenging in recent years – but it is testament to the strength of Bracknell as a retail destination that that we continue to welcome high profile brands and new flagship tenants to the scheme.”

The Lexicon’s retained leasing agents are CBRE and Lunson Mitchenall.