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SCHUH Opens Two New Stores

10 February, 2010

Schuh, the UK's number 1 branded footwear retailer, has opened two new stores located in prime retail pitches in Swansea and Sunderland.

Schuh has moved into Unit 97 within Sunderland's prime shopping destination, The Bridges Shopping Centre, on a new ten year lease.  The store is approx. 4,000 sq ft (371.6 sq m).  Nearby notable retailers include H & M, Debenhams, Top Shop, La Senza and Envy.  The centre is owned by Land Securities.

The second store acquired by Schuh has opened within Swansea's 370,000 sq ft Quadrant Centre on St Mary's Arcade.  They have acquired Unit 22 on a new ten year lease. The centre, located in the heart of the city is anchored by Debenhams and nearby retailers include Boots, Dorothy Perkins, The Body Shop and Animal.  The store is approximately 4,800 sq ft (445 sq m).

Hartnell Taylor Cook LLP's London office advised Schuh on the two acquisitions.  Fawley Watson Booth advised Land Securities and MacArthur Wilson advised La Salle Investment Management, the owners of the Quadrant Centre.