Arcadia Group is pulling five of its brands out of Monks Cross leaving two large empty units at the York shopping centre.
Topshop, Topman, Evans and Miss Selfridge will all vacate unit 12, while its multibrand store Outfit will vacate unit 10 (this unit also housed Burton and Dorothy Perkins concessions). The rent renewals on the units were due in September and Arcadia has given notice to quit.
News of the brands’ departure came to light as the centre submitted planning application to York City Council to divide the units into smaller stores as few retailers are now looking to open large stores.
In a letter Eric Hall of property agent TDH Estates said: “The existing unit is currently occupied by Arcadia as their ‘branded’ store – Evans, Topman, Topshop and Miss Selfridge – but on a lease which expires in September 2018; indeed Arcadia have served notice to quit both this unit and unit 10 (Outfit).
“The existing unit size has proven generally unpopular in terms of reletting and accordingly the previous application was made to sub divide the unit while providing a modest increase in mezzanine provision for the newly created units. No specific tenants are identified at this stage.”
Arcadia had planned last year to close its Burton and Dorothy Perkins stores on York’s Coney Street but that decision was subsequently reversed.