Orchard Square, Sheffield

Orchard Square continues to trade well following the significant developments that we have carried out at this centre over the last few years. The shops remain fully let with the exception of one small unit that forms part of a future development site.

The income from this centre reached £3.0 million per annum in 2009 compared to £2.8 million the previous year, and 78% of the leases have more than 5 years to run. We have previously reported to shareholders that during 2009 we let a prime shop fronting Fargate to Republic, the fashion retailer, at a record rent per square foot for the city.