Oldham Prince’s Gate names anchor tenant

Marks & Spencer has signed up to be the anchor tenant at Oldham’s 60 million pound development Prince’s Gate at Oldham Mumps.

The development to the east of Oldham town centre is being hailed as a “gamechanger” for the town by Oldham Council and will feature more than 150,000 square foot of retail space, up to 800 new homes, as well as around 700 car parking spaces.

The retail park, part of the town’s wide-ranging regeneration scheme, is set to be open in 2017 with Marks & Spencer’s opening a 51,000 square foot clothing, home and food store.

Jim McMahon, Oldham Council leader, said: “Prince’s Gate at Oldham Mumps is a vital part of our wider regeneration plans that are set to give the town centre a huge stimulus.

“M&S is a fantastic authentic brand and it is obvious why we’ve worked so hard to get them here. Our market research overwhelmingly told us they are the favourite missing high street store people wanted to see here and we’ve now delivered that.”

An M&S Spokesperson added: “We can confirm that we have now exchanged contracts for a full line store in the Prince’s Gate development and look forward to progressing plans in the near future.”