Big picture A dynamic London 82 % of intu Watford shoppers are ABC1 to n Source: CACI Q4 Peak Survey 2015
Big picture Watford is a dynamic London town, with quick transport links into London and a major office population. Watford sits within the affluent catchment of the home counties, in easy reach of the M25, various leisure attractions and the countryside of the home counties. Bill s Ocean Bells Grand Union Canal W Watford Underground Station atford Cassiobury Park The Grove, luxury hotel and golf resort Watford High Street Warner Bros. Harry Potter Studio Tour
Big picture Apple MAC Aspirational retailers
Big picture Leading brands
Big catchment Aylesbury High Wycombe Marlow M40 Maidenhead M4 Primary catchment Hazlemere Leighton Buzzard Tring Chesham Beaconsfield Amersham Slough Watford has an affluent catchment of 1.6 million people with 82% ABC1. Source: CACI Q4 Peak Survey 2015. Secondary catchment Dunstable M25 Hemel Hempstead M40 Luton M1 Rickmansworth Hillingdon Abbots Langley Watford Harpenden South Oxhey Tertiary catchment St Albans Harrow M25 Borehamwood Brent Ealing M1 Stevenage A1M Welwyn Garden City Hatfield Quaternary catchment Potters Bar Barnet Central London Ware Hertford Hoddesdon Broxbourne Waltham Abbey M25 Enfield atchment ffluent
Big numbers intu Watford is home to 1 million sq ft total area 137 stores Anchored by John Lewis, M&S and Zara 1hr 51mins dwell time 3.7 billion total annual comparison goods expenditure 18-44 year olds 74% 82% ABC1 of intu Watford shoppers are classified within the three most affluent acorn categories 73% female shoppers 1.6 million people within the total catchment Source: CACI Q4 Peak Survey 2015, CACI, Retail Footprint 2015
Big plans 400,000 sq ft extension including 113,000 sq ft Debenhams opening in autumn 2018
NEW STREET Big extension intu Watford s multi-million pound extension will welcome new retail names including a 113,000 sq ft Debenhams anchor store, a 22,000 sq ft H&M, Superdry and New Look. With up to 14 further MSU s, a 40,000 sq ft Cineworld IMAX cinema, a Hollywood Bowl and 10 new restaurants, including Byron, Cabana, DF Mexico, Las Iguanas, TGI Friday s, Thaikun and YO! Sushi, intu Watford will transform into a single 1.4 million sq ft prime retail and leisure destination. Post development, intu Watford will rise to 18th out of 4,000 centres When completed in autumn 2018, Watford will be upgraded by CACI to a premium London Conurbation town and will be ranked in the top 20 of CACI s national retail ranking, alongside Bristol and Edinburgh. Watford town centre plan intu Watford extension Upper floor Leisure Retail Catering intu Watford Apple intu Watford extension Lower floor Estocurt Road Service ramp Beechen Grove M&S M&S Beechen Grove Water Lane CACI ranking post development Comparison goods Potential Rank Centre name Retail footprint class mark RF score ( m) 11 Meadowhall Large Regional Malls 1,426 940 12 Westfield Stratford City London Regional Malls 1,728 876 13 Milton Keynes Town Centre Malls 1,427 829 14 Kingston upon Thames Premium London Satellites 2,050 754 15 Norwich Principal Centres 2,104 745 16 Leicester Principal Centres 2,045 733 17 Edinburgh National Centres 2,616 703 18 Watford Premium London Satellites 1,340 682 19 Newcastle Principal Centres 2,046 672 20 Bristol Principal Centres 1,831 645 High Street High Street Source: CACI 2015
Big facts intu knows and understands retail We re passionate about providing customers with compelling shopping experiences, helping our retailers flourish. Creating a mix of retail and leisure that today and tomorrow s customers want, we aim to attract people, more often, for longer. Creating compelling experiences with moments of surprise and delight Driving footfall through creative, innovative events with a difference 35 million customers Keeping people digitally connected with free high quality wifi 400 million customer visits a year Making our customers smile through world class service Source: intu properties plc
Contacts Retail Leisure and catering Retail Leisure and catering David Sanderson david.sanderson@cwm.co.uk +44 (0)20 7494 6907 Nick Fisher nick.fisher@cwm.co.uk +44 (0)20 7494 6947 Stuart White stuartw@lunson-mitchenall.co.uk +44 (0)20 7478 4979 Ruvan Sangra ruvans@lunson-mitchenall.co.uk +44 (0)20 7478 4957 Barney Barnett barney.barnett@cwm.co.uk +44 (0)20 7494 6914 William Hooper williamh@lunson-mitchenall.co.uk +44 (0)20 7478 4959 Ed Pell ed.pell@cwm.co.uk +44 (0)20 7494 6918 Patrick Liddell patrickl@lunson-mitchenall.co.uk +44 (0)20 3328 6792 Misrepresentation Act: intu properties plc give notice that: 1. The information in this brochure is given in good faith but it is of a general nature only and given without responsibility on our part or that of any of our agents. Intending purchasers or tenants must satisfy themselves independently as to the accuracy of any matter on which they intend to rely. 2. All negotiations are subject to contract and none of this information forms part of a contract or constitutes an offer of contract. 3. No representation or warranty is given by or on behalf of intu properties plc or any of their group entities, other than any representations contained within any formal contract agreed. Copyright intu properties plc May 2017