Bournemouth’s Avenue centre changes hands
Verve Properties has bought the Avenue centre in Bournemouth’s Commercial Road. The 86,500-sq ft mall is anchored by HMV and Sports Direct and the new owners have plans to refurbish the property, beginning by replacing the dated glass façade.
Verve director Ashley Nicholson said: “The plans for The Avenue are still in the embryonic stage but we hope to attract familiar brands as well as accommodate pop-up businesses, food traders, vintage markets, art shows and events alongside the existing valued, multiple retailers.”