Boots to open store in new Dun Laoghaire centre

UK pharmacy chain Boots is to open its third Irish store at Bloomfields shopping centre, which is to begin trading next May in…

UK pharmacy chain Boots is to open its third Irish store at Bloomfields shopping centre, which is to begin trading next May in Dun Laoghaire. Boots is likely to be paying a rent of over £100,000 for a store of 4,500 square feet in the centre, which will have a gross floor area of 140,000 square feet. Boots is also moving in to the Jervis Shopping Centre in Mary Street, Dublin 1, and The Square in Tallaght.

Power Supermarkets, which controls Quinnsworth and Crazy Prices, is to open a Bloomfields store in Dun Laoghaire which will be based on an upmarket supermarket concept first launched in Bangor, Co Down. Bloomfields will be the anchor tenant with a total floor area of 50,000 square feet. Power will be investing up to £10 million in the new-style outlet, which will challenge Superquinn's dominant position at the quality end of the market.

Ed Douglas of agents Douglas Newman Good, letting agent for the £20 million Dun Laoghaire centre being developed by Monarch Properties, has also agreed letting terms for a 3,500-square-foot unit to Bus Stop Newsagents. The rent is thought to be in excess of £75,000. Air Wave, the fashion retailers with a shop in Grafton Street, are taking two units in Dun Laoghaire with a total area of 1,300 square feet at a combined rent of £58,000. One of the shops will carry fashion and the other one will concentrate on footwear. Hair salon Peter Mark will have a unit of 1,200 square feet when it relocates from George's Street in Dun Laoghaire. Lifestyle, which specialises in sportswear, will also open in the centre, which will have 25 unit shops including two restaurants.

The complex will include a 550-space multi-storey car-park which is to be sold on to investors looking for a tax shelter. It would have a value of £5.5 million to £6 million, according to the Douglas Newman Good. Negotiations are under way with five operators, two of them from the UK and three based in Ireland, to run a multiplex cinema, which will form part of the centre.