News - 07/10/2020

LSH appointed to manage prime retail destination in Islington

The Angel Central Shopping Centre has just undergone a £16m redevelopment.

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Our Belfast-based Property and Asset Management team has been appointed as the managing agent on Angel Central Shopping Centre in Islington by CBRE Global Investors.  The team has been appointed on in excess of one million sq ft of retail and leisure property in the last 12 months.

The vibrant Angel Central is a prime retailing destination in the heart of Islington, situated a short two-minute walk from Angel tube station. It has a strong retail and leisure mix with tenants including Uniqlo, The 02 Academy, Vue Cinema, L’Occitane, Wagamama and bespoke fitness operator FRAME.

The £16m masterplan by CBRE Global Investors, which is due to complete in November, will create further retail, additional leisure and restaurant space plus, an outdoor terrace area accessed via a new link bridge. 

Phase one investment works included the redesign of an existing carpark into new retail and leisure space, now home to specialist fitness brand FRAME, and the creation of a 15,500 sq ft flagship retail unit for Uniqlo - both launched late last year. 

The second phase of the transformation includes the elevation of the iconic 12-tonne ‘Angel Wings’ sculpture at the heart of the scheme. An existing retail unit is to be converted to a restaurant with double-height fully-glazed curtain walling system with terracotta baguettes installed as a feature façade.

Gary Nesbitt, Head of Property and Asset Management in our Belfast office, said:

“We are delighted to be appointed on Angel Central, particularly at such an exciting time for the scheme following significant investment from the landlord. CBRE GI has worked hard to elevate the shopping experience at this centre with additional space and a new layout. We very much look forward to being part of the successful future of this landmark scheme.”

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