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The 162,000 sq ft centre with 52 units has only 20 commercial tenants remaining.

The studio was expanded in 2022 and is now home to about 90,000 sq ft of stage space and more than 100 acres of land.

Chris Cooke, a director at Daniels estate agents in St Albans, says those properties - which are usually 25% cheaper per sq ft than their traditional city centre counterparts - have been sold.

The £1bn Trafford Waters scheme will be built over the next 20 years, bringing 3,000 new homes, more than 100,000 sq ft of amenity space and 800,000 sq ft of commercial office and workspace as well as retail spaces and public places.

Sierra Wallis, owner of Sq/Ft gift shop in Decatur, Ga., who had her best sales years in 2021 and 2022, said her sales are up again so far this year, but spending per customer is down.