Metrocentre looks to build on a record-breaking 2024 with fast start to the year
Metrocentre bosses are hoping to capitalise on a record-breaking 2024.
The Metrocentre Partnership is celebrating a fast start to 2025 as it looks to build on a record-breaking 2024 in terms of both sales and footfall.
The Gateshead shopping centre saw a 9.2% year-on-year footfall uplift, which has been put down to the nearly 300,000 sq ft of deals that were completed in the last 12 months.
Having welcomed 15.8 million visitors over the course of the last year, bosses have stated that this in a 10% increase when compared to 2023 - with sales performance also surpassing the previous year by 5.3%.
In December 2024 alone, two million people visited the Metrocentre - which was up 2.9% from December 2023 and goes against national trends.
The Metrocentre introduced 21 new brands last year, which included Sephora, Mango, and Reiss - alongside regional retail debuts for Sosandar and GO Outdoors.
River Island, Primark, Victoria’s Secret and Clarks also showed their commitment to the shopping centre as they all either upsized or refurbished their stores to help keep the visitor experience fresh.
The Metrocentre’s hospitality and leisure sector also evolved as it added the likes of Tomahawk Steakhuse, German Doner Kebab, YoYo Noodle, and The Escapologist.
Away from retail, a brand-new NHS Community Diagnostic Centre was launched and plans were revealed for a £6million redevelopment for the Green Mall entrance.
Ben Cox, Director at Sovereign Centros from CBRE, Asset Managers of Metrocentre, has expressed his joy at the positive results for the shopping centre for 2024.
He commented: “We are delighted to have driven some really positive trading results over the festive period following yet another busy year at Metrocentre, the benefits of what was accomplished already carrying into 2025.
“We’ve introduced several top brands to the centre, ones we knew would build excitement amongst our visitors.
“We’ve been able to facilitate growth in more ways than one, whether that’s renewed leases, refurbished units, or continual investment in the centre itself.
“Our performance shows that visitors want to come here; they have access to best-in-class retail, F&B, and leisure, and this is on track to continue as we kickstart 2025 with a healthy pipeline of new leasing activity.”
You can keep up-to-date and find out more about the Metrocentre at: https://themetrocentre.co.uk/.