City Centre Shopping Centre

Over 221,600 sq ft of modern retailing floorspace anchored by Flip Out, H&M, New Look, River Island, Home Bargains and Superdrug. The shopping centre also hosts a diverse range of high street brands including Pandora, Lush, Caffè Nero and The Entertainer. The property benefits from footfall of 8.2 million people per annum (2024). The centre is fully let following recent lettings to Flip Out and Putt Putt Social, whilst Søstrene Grene, Card Factory, The Works, The Fragrance Shop and Rymans have taken new space to add to the existing mass-market occupier line-up. Recent, positive leasing momentum presents the opportunity for future rental growth. The centre includes a multi-storey car park providing 345 spaces. The car park presents an opportunity for future revenue optimisation. The property benefits from a gross income of £2,341,116 per annum and a net income of £984,720 per annum after the deduction of headrent and landlord shortfalls. A robust income profile with 69% of total gross income (excluding commercialisation and car park) secured against national multiple retailers. Favourable estimated rental values ranging from £50-£70 per sq ft Zone A.