New landmark 110,000 sq ft town centre development

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Gregory Miller
5 years ago
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1 C H E L T E N H A M New landmark 110,000 sq ft town centre development

3 C H E L T E N H A M

4 THE PLACE TO BE The affluent town of Cheltenham is situated on the outskirts of the Cotswolds and forms the dominant shopping destination for the Gloucestershire catchment. London is located 90 miles to the South East with Bristol 40 miles to the South and Birmingham 50 miles to the North. The town centre has benefitted from significant improvements over recent years with several exciting new retailers entering the town, helping build on what is the dominant shopping destination in the Gloucestershire catchment. JLP have a well know requirement for Cheltenham which when satisfied, will further enhance the retail offer in the town The Brewery is already a well known leisure destination in the catchment which is going to be further enhanced by the Brewery Phase II. This scheme occupies a highly prominent retail position in the heart of the town being situated at the junction where the aspirational Promenade meets the mass market High St pitch.

5 EVESHAM RD A4019 TO M5 JUNC 10 TO EVESHAM A435 TEWKESBURY RD PRESTBURY RD SWINDON RD HIGH ST GLOUCESTER RD WINCHCOMBE ST PORTLAND ST HENRIETTA ST ST MARGARET S RD OXFORD PASSAGE HIGH H ST BAYNAM ROAD HONEYBOURNE WAY HIGH HST PROMENADE PROMENADE A46 BATH RD A40 A46 A46 A46 A40 BATH RD A40 A46 TO M5 JUNC 11 TO M5 JUNC 11 GLOUCESTER RD A40 B4633 TESCO SUPERSTORE A4015 A4015 A435 MONSON AVE HONEYBOURNE WAY WAITROSE SUPERSTORE HOLIDAY INN NORTH PL FAIRVIEW RD NORTH PL A46 ALBION BION ST CLARENCE ST ST JOHN S AV BUS STATION ROYAL WELL RD ST GEORGES RD REGENT ARCADE BATH RD TOWN HALL IMPERIAL SQ QUEEN S HOTEL P P P P P ST R CL THE BEECHWOOD ARCADE ONE WAY SYSTEM ST GEORGES RD OVERTON RD BERKELEY ST PARABOLA RD BAYSHILL RD PARABOLA RD MONTPELLIER WK LONDON/OXFORD VIA A40 LONDON RD LANSDOWN RD MONTPELLIER TERRACE CHELTENHAM GENERAL HOSPITAL ANDOVER RD SUFFOLK RD SANDFORD RD THIRLESTAINE RD TO BATH A38 SHURDINGTON RD LANSDOWN RD CARDIFF MANCHESTER M1 SHEFFIELD STOKE-ON-TRENT M6 M54 BIRMINGHAM CHELTENHAM M5 OXFORD SWINDON M4 BRISTOL BATH NOTTINGHAM LEICESTER MILTON KEYNES M40 M4 LINCOLN PETERBOROUGH CAMBRIDGE BEDFORD M1 LONDON

6 THE HOME OF RETAIL This attractive spa town has a eclectic mix of retail and leisure ranging from upper-mid market fashion operators found on The Promenade to high quality independent retailers located on Montpellier Street through to the mass market national offer currently found on the High Street. Nearby occupiers to the development include Pandora, Superdry, Crabtree and Evelyn, Pattiserie Valerie, Primark, with the pitch continuing to evolve.

7 UK TOWN RANKING OF 32 (VENUSCORE 2014) CHELTENHAM VOTED BEST PLACE IN THE UK TO RAISE A FAMILY (TELEGRAPH SEPT 2014) OUT PERFORMING UK AVERAGE "COMFORTABLE AND STABLE" INCOME GROUPS CHELTENHAM GOLD CUP ATTRACTS 180,000 VISITORS PER ANNUM OVER 10,000 RESIDENT STUDENTS IN THE TOWN RANKED 25TH OUT OF 200 (PMA) ANNUAL RETAIL EXPENDITURE OF 500M HOME OF 50M CASH INJECTION TO THE TOWN DURING GOLD CUP WEEK 315,498 POPULATION WITH 20 MINUTE DRIVE

WATCH THIS SPACE As part of the of the 5m Cheltenham Travel Plan, Cheltenham Borough Council propose to increase the town s prime retailing environment by extending the pedestrianized High Street

8 WATCH THIS SPACE As part of the of the 5m Cheltenham Travel Plan, Cheltenham Borough Council propose to increase the town s prime retailing environment by extending the pedestrianized High Street from Boots Corner, past the Brewery Phase II down to Henrietta Street. Along with public realm improvements, the proposed works will help build on the shift in quality retail to this part of the High Street reinforcing the link with the uppermid market operators currently found on the Promenade.

10 THE STORY SO FAR The Brewery opened in 2006 and forms an established, state-of-the-art entertainment complex including multi-screen cinemas, Hollywood Bowl, health and fitness, kids soft play centre, bars and restaurants. The Brewery has something to offer both day and night. Restaurants include Prezzo, Chiquito s, Frankie & Benny s, Nando s, The Real China and Harvester. In addition to their 11 screens, Cineworld has also opened the Screening Rooms, an exciting new venture in luxury cinema and IMAX. The latest addition to the leisure offer is Hollywood Bowl with their state of the art bowling facilities and late night bar. The Brewery is a major regional leisure destination that will be further enhanced by the addition of The Brewery Phase II.

11 DESIGNATED 365 SPACE CAR PARK 3.2 M CUSTOMERS ANNUALLY 200,000 SQ FT MIXED USE SCHEME

12 ONE DESTINATION GROUND FLOOR FIRST FLOOR UNIT 1 UNIT 6A UNIT A HOTEL (UNDER OFFER) UNIT 13 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 13 UNIT 15 UNIT 5 UNIT 6 UNIT A UNIT C UNIT C HIGH STREET UNIT B (U/O) UNIT C2 (U/O) UNIT E (UNDER OFFER) UNIT D UNIT 12 UNIT 11 UNIT 10 UNIT 9 UNIT 8 UNIT 7 HIGH STREET UNIT C2 (UNDER OFFER) UNIT F UNIT K UNIT 16 UNIT 10 UNIT F UNIT G UNIT 8 UNIT G UNIT H UNIT H UNIT J UNIT J

13 THE BREWERY PHASE II The next phase of the highly successful Brewery Scheme will provide modern, well configured retail accommodation fronting onto High Street and linking through to the existing Brewery leisure destination. The new units are arranged over ground and first floor and offer flexibility to suit a variety of retailer requirements. Units will benefit from a highly prominent retail frontage together with 4.6 metre floor to ceiling height. The units will be provided in shell condition at handover. Attractive incentive packages for incoming tenant are available subject to terms. The scheme will also benefit from the existing wellestablished and highly successful Brewery leisure scheme offering exciting leisure experiences and improved dwell time. When complete, this will offer the best mix-use retail experience in both Cheltenham and the greater catchment. The Brewery Phase II comprises a landmark 30million landmark development including : 110,000 sq ft of new retail and leisure space 104 Bed Premier Inn Hotel 34 High Quality city centre apartments Practical completion of the development is scheduled for Winter 2016.

15 PHASE II GROUND FLOOR FIRST FLOOR UNIT GROUND FLOOR AREA (SQ FT) FIRST FLOOR AREA (SQ FT) RENT HOTEL (UNDER OFFER) UNIT A (UNDER OFFER) BLOCK A UNIT A 17,088 4,006 N/A BLOCK A UNIT B 1,701 N/A 72,500 BLOCK A UNIT C , ,000 BLOCK A UNIT A (UNDER OFFER) UNIT C BLOCK A UNIT C UNIT GROUND FLOOR AREA (SQ FT) FIRST FLOOR AREA (SQ FT) RENT BLOCK B UNIT D 6,699 6, ,000 UNIT B (UNDER OFFER) UNIT B UNIT C2 (U/O) UNIT D UNIT C2 (UNDER OFFER) UNIT K BLOCK B UNIT E 4,244 N/A N/A BLOCK B UNIT F UNIT E (UNDER OFFER) BLOCK B UNIT F BLOCK B UNIT F 4,080 8, ,500 BLOCK B UNIT G 4,332 4, ,500 UNIT G UNIT G BLOCK B UNIT H 4,303 4, ,500 UNIT H UNIT H BLOCK B UNIT J 11,030 11, ,000 UNIT J UNIT J BLOCK B UNIT K N/A 5,900 70,000 Units layouts are flexible and can be split to suit specific tenant requirements with further details available upon request

PHASE I (EXISTING) UNIT GROUND FLOOR AREA (SQ FT) FIRST FLOOR AREA (SQ FT) RENT UNIT 5 6,350 8,795 POA UNIT 6 6,616 10,450 (plus 9,338 basmnt) POA UNIT 7 8,105 N/A POA UNIT 8 4,539 N/A POA V VACANT

17 PHASE I (EXISTING) UNIT GROUND FLOOR AREA (SQ FT) FIRST FLOOR AREA (SQ FT) RENT UNIT 5 6,350 8,795 POA UNIT 6 6,616 10,450 (plus 9,338 basmnt) POA UNIT 7 8,105 N/A POA UNIT 8 4,539 N/A POA V VACANT UNIT GROUND FLOOR FIRST FLOOR UNIT 1 UNIT 6A UNIT 6 UNIT 13 UNIT 2 UNIT 3 UNIT 4 UNIT 5 V UNIT 6 V UNIT 13 UNIT 15 UNIT 5 V V UNIT 12 UNIT 11 UNIT 10 UNIT 9 UNIT 8 UNIT 7 UNIT 16 UNIT 10 V V UNIT 8

19 DUE TO SEVERAL YEARS STRONG TRADING IN THE SCHEME, WE HADTHE CONFIDENCE TO OPEN THE SCREENING ROOMS LUXURY EXPERIENCE CONCEPT HERE IN THIS HAS BEEN A HUGE SUCCESS AND WE HAVE SUBSEQUENTLY ADDED THE FIRST IMAX CINEMA IN THIS REGION REINFORCING OUR CONFIDENCE IN THE BREWERY AS A LEADING UK LEISURE DESTINATION. KEVIN FROST PROPERTY DIRECTOR CINEWORLD THE BREWERY OFFERS A FANTASTIC RANGE OF STATE OF THE ART FAMILY ENTERTAINMENT ATTRACTING VISITORS FROM MILES AROUND, 365 DAYS A YEAR. CLAIRE, 28 SENIOR EVENTS PLANNER THE HIGH STREET IS SO MUCH MORE THAN JUST FOR SHOPPING THESE DAYS. IT S THE CENTRE OF THE ENTIRE TOWN, WHERE PEOPLE COME AND ENJOY SO MUCH MORE. WE HAVE THE FESTIVALS, GREAT ARCHITECTURE AND JUST A FANTASTIC ENVIRONMENT, NOT JUST FOR TRADERS BUT ALSO FOR PEOPLE WHO JUST WANT TO COME AND VISIT CHELTENHAM. CHELTENHAM HAS ALWAYS PUNCHED ABOVE ITS WEIGHT FOR TRADE AND BUSINESS. MARTIN QUANTOCK TOWN CENTRE MANAGER THE WHOLE SITE IS GREAT FOR THE TOWN. IT WILL SPREAD THE IMPROVEMENT OF THE WHOLE HIGH STREET. ROB DUNCAN CHELTENHAM CHAMBER OF COMMERCE NOT ONLY IS THIS AN EXCELLENT LOCATION IN THE TOWN CENTRE, BUT IT S ALSO A CASE OF WHITBREAD COMING HOME. WE RE INVESTING MORE THAN 6M INTO THE BREWERY SCHEME AND LOOK FORWARD TO OPENING IN SUMMER JOHN BATES HEAD OF ACQUISITIONS PREMIER INN THE ADDITION OF THE NEW HOLLYWOOD BOWL AND IMAX CINEMA ARE YET MORE GREAT REASONS TO VISIT THE BREWERY. JAMES, 19 - STUDENT THE NEW RETAIL EXTENSION AT THE BREWERY WILL BE A FANTASTIC ADDITION TO THE CHELTENHAM TOWN CENTRE AND WILL STRENGTHEN THE TOWN S POSITION AS A TOP UK RETAIL DESTINATION. JEREMY WILLIAMSON MANAGING DIRECTOR CHELTENHAM DEVELOPMENT TASK FORCE THE CONSTANTLY IMPROVING RESTAURANT OFFER MEANS NO MATTER HOW WE FEEL, THERE IS ALWAYS SOMETHING WE ALL FANCY EATING! JANE, 38 BANK MANAGER THE BREWERY ATTRACTS A WIDE VARIETY OF CUSTOMERS RANGING FROM FAMILIES TO STUDENTS TO PEOPLE SPENDING THEIR WINNINGS FROM THE RACES! THE VARIED LEISURE OFFER MAKES THIS AN ALL YEAR ROUND LEISURE DESTINATION. DAVID STEER PROPRTY DIRECTOR, PREZZO THE BREWERY OFFERS EVERYTHING WE LOOK FOR IN A SCHEME, MAKING THIS ONE OF THE FIRST CHOICES FOR OUR NEW PIONEERING CONCEPT. JAMES MAWER HEAD OF SALES & MARKETING HOLLYWOOD BOWL

20 C H E L T E N H A M David Bell Chris O Mahony Dominic Brady Pippa Page

New landmark 110,000 sq ft town centre development

New landmark 110,000 sq ft town centre development THE PLACE TO BE The affluent town of Cheltenham is situated on the outskirts of the Cotswolds and forms the dominant shopping destination for the Gloucestershire