Grimsby’s Freshney Place Shopping Centre goes into receivership

Freshney Place

Grimsby’s Freshney Place Shopping Centre goes into receivership

Grimsby’s Freshney Place shopping centre has been placed into receivership following financial difficulties.

Former owners Capreon will continue as managers and the shopping centre will remain open as normal.

Receivers Cushman and Wakefield were appointed on January 18.

In recent days the unexpected news that popular store New Look would be closing down at the end of the month was announced.

In past week, letters have been sent to Freshney Place traders informing them of the news.

Capreon stated that work will continue to develop the planned multi-screen cinema and new market hall at the town centre.

A spokesman for Capreon said: “We can confirm that Cushman & Wakefield were appointed as Fixed Charged Receivers over Freshney Place Shopping Centre on January 18, 2022.

“Capreon has been retained by the Receivers to continue their role as asset managers for the shopping centre which will remain open for trading as normal.

“We will, of course, also continue to work with North East Lincolnshire Council in the delivery of the proposed new cinema and market hall for the town centre following the successful award of the Future High Street Fund grant monies last year.”

North East Lincolnshire Council currently have plans for a new Grimsby cinema and market hall to be beuilt at the shopping centre.

Both the council and Freshney Place contributed £5million towards the project, with £17.2million being provided by the national Future High Streets Fund.

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Ellie joined Gi Media in July 2021.