THE GROSVENOR CENTRE NORTHAMPTON S RETAIL DESTINATION
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- Stewart Atkins
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2 THE GROSVENOR CENTRE NORTHAMPTON S RETAIL DESTINATION THE GROSVENOR CENTRE S RETAIL ACCOMMODATION IS MODERN AND HIGH-SPEC, COMPLEMENTED BY BRAND NEW QUALITY TENANTS. With a recently refurbished and improved retail offer, the Grosvenor Centre has become Northampton s dominant retail destination where almost two thirds of shopper spend is attributed to the Centre. THE GROSVENOR CENTRE PROVIDES AN EXCITING OPPORTUNITY FOR RETAILERS TO LOCATE TO THE DOMINANT SHOPPING LOCATION IN NORTHAMPTON IN A RECENTLY REFURBISHED AND RE-ANCHORED SCHEME.
3 CURRENT AVAILABILITY GROSVENOR CENTRE GROUND FLOOR UNIT SQ FT QUOTING RENT Newland Wlk 4, , Newland Wlk 1,708 80, Newland Wlk 2, ,000 8 Wood Street ,000 OPEN & TRADING AVAILABLE UNDER OFFER 12M INCREASED SPENDING BY 2016 AFTER THE NEW OFFICE DEVELOPMENT PROJECT ANGEL BRINGING 2,000 OFFICE WORKERS TO NORTHAMPTON S TOWN CENTRE. 60 SHOPS & eateries THE CENTRE HAS BEEN NEWLY ANCHORED BY A 50,000 SQ FT 16,000 SQ FT
4 CURRENT AVAILABILITY GROSVENOR CENTRE FIRST FLOOR UNIT SQ FT QUOTING RENT 22 Princes Walk 1,175 40, Princes Walk , Princes Walk 1,495 37, Princes Walk ,500 OPEN & TRADING AVAILABLE UNDER OFFER AVERAGE VISIT FREQUENCY OF 71 VISITS PER ANNUM. (SOURCE: FSP SURVEYS 2015) ANNUAL FOOTFALL IN EXCESS OF 11M. AMPLE PARKING WITH 837 SPACES AVAILABLE. AVERAGE SPEND PER VISIT IS 4% HIGHER THAN IN SIMILAR SCHEMES. (SOURCE: FSP SURVEYS 2015) AN ESTIMATED INCREASE IN SALES OF 26% FOLLOWING NEW PRIMARK AND NEXT ANCHOR TENANTS.
5 DOMINANT CENTRE: THE MALL OFFERS 320,000 SQ FT OF NORTHAMPTON S PRIME RETAIL SPACE ARRANGED OVER TWO FLOORS. We have exceeded our sales target expectations and we still carry on high performance to this day. Our consistent trade since the opening on the 18th December 2014 has put us at the top of the chart for the one of the best performing stores in the UK Primark Store Management Year to Date we are 8.7% up like-for-like and since menswear moved upstairs it has seen a sales growth of 74% like-for-like New Look Store Management
6 RESIDENT CATCHMENT FIGURES 126K PRIMARY 104K SECONDARY THE GROSVENOR CENTRE CATCHMENT map 179K TERTIARY 56% of catchment residents are ACORN Affluent Achievers or Comfortable Communities, 11% above UK average. Northampton s catchment population is expected to grow by 11% up to 2023, 60% faster than the UK average (6.6%). 2.8BN RESIDENT CATCHMENT SPEND AFFLUENT ACHIEVERS 11% ABOVE UK AVERAGE POPULATION GROWTH 60% ABOVE UK AVERAGE TRAIN TIMES: MINUTES TO MINUTES TO LONDON BIRMINGHAM
7 WHERE TO FIND US THE GROSVENOR CENTRE SITS IN THE HEART OF NORTHAMPTON OCCUPYING A PRIME POSITION WITHIN EASY REACH OF THE TRAIN STATION AND FUTURE WATERSIDE STUDENT CAMPUS. LEASING AGENTS: ROWEN GRANDISON +44 (0) / rowen.grandison@knightfrank.com DAVID LEGAT +44 (0) / david.legat@knightfrank.com ROB WILLIAMS +44 (0) rob.williams@struttandparker.com FILIPPA MUDD +44 (0) filippa.mudd@struttandparker.com HENRY FOREMAN +44 (0) henry.foreman@struttandparker.com Knight Frank and Strutt & Parker give notice to anyone who may read these particulars as follows: 1.These particulars are prepared for the guidance only of prospective purchasers. They are intended to give a fair overall description of the property but are not intended to constitute part of an offer or contract. 2. Any information contained herein (whether in the text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. 3. Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor that any services or facilities are in good working order. 4 The photographs appearing in this brochure show only certain parts and aspects of the property at the time when the photographs were taken. Certain aspects may have changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs. Furthermore no assumptions should be made in respect of parts of the property which are not shown in the photographs. 5. Any areas, measurements or distances referred to herein are approximate only. 6. Where there is reference in these particulars to the fact that alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by any intending purchaser. 7. Descriptions of a property are inevitably subjective and the descriptions contained herein are used in good faith as an opinion and not by way of statement of fact. May 2016
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