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22 April 2024

Retailers and Coffee Shop Operator Wanted for New Kingsway Development


Retailers are wanted for a number of new units forming part of the 71/72 Kingsway development in Swansea city centre.

Several retail units measuring between 500 square feet and 2,500 square feet will be located at street level, fronting onto The Kingsway.

Operators are also wanted for a coffee shop inside the building, as well as for a rooftop space.

Providing space for around 600 jobs, the 71/72 Kingsway scheme is being developed by Swansea Council and part-funded by the £1.3bn Swansea Bay City Deal.

Bouygues UK, who are leading on the development’s construction, soon anticipate completion with an internal fitout to follow in the coming months.

There is significant interest from several potential tenants with a number of current live proposals. Positive discussions about the take-up of space for the majority of the building are ongoing.

Cllr Rob Stewart, Swansea Council Leader, said:

“Taking shape at a site that had been a hole in the ground following the demolition of the former Oceana nightclub, this new development will be worth £32.6m a year to Swansea’s economy once it’s operational.

“It will meet local need for high-quality, flexible office space while also boosting city centre footfall and spending because of the hundreds of people who will work there.

“Increasing the number of people working and living in the city centre also helps Swansea attract retailers and leisure operators.

“We are seeing good demand for the office space and are looking forward to announcing some lettings in due course. There are also opportunities for retailers, a coffee shop operator and a rooftop area operator to be part of the development too, so we’d encourage any businesses which are interested to get in touch.”

​JLL and Avison Young are the letting and marketing agents for the scheme.

​Businesses interested in finding out more or requesting a copy of the marketing brochure are asked to contact either Rhydian Morris on Rhydian.Morris@jll.com or Chris Terry on Chris.Terry@avisonyoung.com

​A new website for 71/72 Kingsway is also now available at www.7172TheKingsway.com

 



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