Investments / West One Shopping Park, Eccles
West One Retail Park has a complicated history and was built as a high value shopping park in 2001 letting to Next, Uniqlo, JJB, Mothercare etc. It traded at its peak for over £70m but failed to secure a full retailer line up and due to retailer failures and break options, the park became virtually vacant.
150,000 sq ft
Purchased on behalf of
Frogmore jointly with Staunton Whiteman & Westmount Real Estate
CSP have been instructed to let the vacant units and reposition the park as a general retail/value shopping park. CSP have prelet 22,000 sq ft to Home Bargains simultaneously with the purchase.
This purchase represents CSP’s strong occupational knowledge and advice, securing a major prelet to coincide with the investment purchase. The park is now subject to strong occupational demand and further lettings will be announced imminently.