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Gloucestershire Business News

Two stores to close at Gloucester Quays

Huge interest continues for anything to do with Gloucester Quays - but that doesn't stop the outlet centre's list of tenants from changing.

Two more retailers have joined the list of names to exit the otherwise thriving waterfront destination, which saw its Next outlet centre close earlier this month.

The latest two names to go - both of which closed at the weekend - are the Cadbury's shop and outdoor clothing brand Mustos.

Those who know the lie of the land at the Quays will know that shortly before its departure from the Quays Next opened a 29,000 square feet store on St Ann Way across the road from its former shop.

The development included a £14 million investment from its landlord - one Peel Holdings, which also own Gloucester Quays.

Chester and Barrie menswear store is also due to shut up shop towards the end of July.

It is understood that the likes of Chester Barrie and some other stores to have left the Quays move out when their leases - usually for five and 10 year - come to an end.

As for Peel Lifestyle Outlets, its most recent financial results for its two outlet centres - one in Gloucester and one in Manchester - show a rise in sales to £94.2 million, a nine per cent increase on the previous year.

It now also has its eyes on a new outlet centre north of the border in Glasgow.

And everyone else has their eyes on the Quays - to see who it will name as its latest recruits.

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