Winthrop Arcade Deals,
12th November 2015
Lisney has confirmed three new lettings in Winthrop Arcade.
One of the oldest shopping malls in the country, Winthrop Arcade which has been trading in Cork since 1926, was purchased by a private investor in a Receivership sale back in early 2015 via agents Lisney. Existing occupiers in the Arcade at the time of the sale included ladies boutique Monreal and men’s boutique Salingers Bespoke and the new owner planned to create a very specialist retail destination to benefit from the Arcades excellent location on the pedestrian street of Winthrop Street and recently announced Ireland & UK’s best street Oliver Plunkett Street. The landlord completed some refurbishment works to return the Arcade to its former glory and these along with the continued improvement in the retail market have contributed to the recent confirmation of 100% occupancy.
Unit 2 Winthrop Arcade has been leased to fresh food shop ‘The Rocket Man’. Unit 2 comprises a ground floor unit of approx. 160 sq ft and has the benefit of good window display frontage onto the Arcade & Oliver Plunkett Street. The Rocket Man has been trading on Princes Street with the past two years and is run by passionate foodies Jack Crotty & Simone Kelly.
David McCarthy was also involved in the recent letting of Unit 11/12 to the established high end florist ‘Best of Buds’. Unit 11/12 comprises a ground floor unit of approx. 630 sq ft and has substantial window display onto the Arcade and Winthrop Street. ‘Best of Buds’ which is run by Carole Horgan have been trading from 46 South Mall with the past 6 years and have completed an impressive fit out to the high profile unit which complements the existing character of the Arcade.
Finally, Michael Wall Bespoke Jewellers has agreed to lease Unit 8. Mr Wall plans to sell bespoke jewellery and will also offer vintage watch restoration and valuations and appraisals.
David McCarthy of Lisney represented the landlord. Tel 021-4275079.