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Retail & Consumer

Farm Foods to open large unit at Wavertree Retail Park as Iceland signs ten-year extension

The two frozen food retailers have committed long term to the park

Wavertree Retail Park

Farm Foods has announced it will open a large new unit at Wavertree Retail Park on the same day a fellow frozen food giant committed long-term to the Merseyside site.

Iceland, which has been a tenant for 25 years, has also signed a ten-year lease extension on its 8,500sq ft unit.

Scottish firm Farm Foods' agreement with the park is for a 10-year lease at the former Poundstretcher unit, which totals 9,980sq ft.

It will open the new store by the end of the first quarter of this year.

James Maule-Finch, senior asset manager for The Derwent Group, which owns the park, said: “Wavertree Retail Park serves a large local catchment and parking is plentiful so it’s an optimum location for two food retailers.

"This is the first time we’ve welcomed Farm Foods to one of our parks and they complement the existing tenant mix well.”

Now fully-let, the 105,000 sq ft retail park is also home to Buzz Bingo, Matalan and Home Bargains.