Iceland Foods has agreed a new lease renewal at its supermarket located at 12–16 Upper Green West, Mitcham.
This significant long-term commitment reinforces the retailer’s dedication to the Mitcham community and ensures continued service for thousands of local customers.
Comprising 6,900 sq. ft of prime retail space, with 4,600 sq. ft of ancillary storage, the store continues to anchor the local high street as a vital grocery hub.
Andrew Bygrave, Managing Director of Odyssey Partners, commented:
“The new lease reflects the enduring strength of this location as a retail destination with sustained demand from competing operators seeking representation in the town. The competitive tension has helped underpin the terms of the new agreement and demonstrates the ongoing attractiveness of the location to major retailers.
The transaction is indicative of a broader trend in the market, where well-located, convenience-led retail assets continue to perform strongly despite wider sector challenges. Mitcham’s blend of dense residential catchment, strong connectivity, and established retail provision has ensured it remains a target destination for national occupiers, with Iceland’s latest commitment further reinforcing confidence in the town’s long-term retail prospects.”
Thanks to Tim Hayns for all his support and Chris Langan and team at RWK Goodman for getting this over the line.