UK. London Gatwick Airport has launched its largest multi-site tender since 2017, calling for retailers to submit bids for highly sought-after trading space.
The UK’s second-busiest airport, which served 18.5 million passengers in the first six months of 2023, is offering combined retail space of more than 1,000sq m across the North and South Terminals. The space is dedicated predominantly to fashion or speciality retail offers.
The tender excludes duty free, which is run by Dufry-owned World Duty Free on a concession last renewed in 2018.
Five South Terminal units, including two island kiosks, alongside nine North Terminal units, including another two island kiosks, form the tender offer. Trading is due to commence in Quarter 1 2024.
The inline sites are available as either single units or as a package across both terminals. Individual units range from 42sq m to 197sq m in size, while the island kiosks range from 10sq m to 25sq m.
Gatwick is inviting any interested retailers to submit a bid for this multi-category tender.
The overhaul coincides with London Gatwick’s ongoing multi-million-pound revamp of its North Terminal departure lounge, due to be completed early next year.
This will see more than £10 million (US$12.3 million) invested in a multitude of improvements, providing passengers with a more personalised experience and inviting space to shop, eat and relax – better reflecting London Gatwick’s status as a major international airport.
London Gatwick Retail Director Rachel Bulford said: “This is an amazing opportunity for retailers to secure high-profile, in-demand space at London Gatwick. The timing – coinciding with our North Terminal revamp and significant ongoing investment in other areas, as well as our growing long-haul network to markets such as China and the USA – makes this an enticing proposition.
“We are thrilled to embark on a retail tender of this magnitude. London Gatwick offers retailers a market of more than 40 million international passengers, with a unique ABC1 socio-economic profile, so this is a fantastic opportunity for brands to showcase their products to a sought-after global audience.
“We have continued to evolve our proposition to ensure it stays relevant and exciting, using our team’s vast retail expertise alongside detailed passenger insight to carefully curate our retail offer. A number of much-loved brands have started trading at London Gatwick over the past few months with several due to open their doors before the end of the year.”
The deadline for interested parties to submit bids is 09.00 on Monday, 16 October 2023. For more details, an invitation to bid pack can be requested from firstname.lastname@example.org.
London Gatwick is currently investing in its long-term future. Alongside the ongoing, multi-million-pound redevelopment of its North Terminal departure lounge, the airport has also had its planning application to bring the Northern Runway into regular use accepted for detailed examination by the Planning Inspectorate. This low-impact plan is expected to increase London Gatwick’s capacity to 75m passengers per year by the late 2030s. ✈
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