Wilkinson Williams

An unloved, disjointed, retail park occupied by bulky goods operators, transformed into one of the UK's premier shopping parks.

• negotiating agreements with the then tenants to be relocated into new units or vacate the scheme resulting in Homebase vacating, Toys R Us, MFI and Carpetright being relocated in addition to DFS and Going Places being introduced as new tenants;
• negotiated initial prelettings to Next, Gap, Boots, JD Sports, Sports Soccer and Mamas and Papas at rents up to £30 psf; and
• further lettings concluded to:

  Client	Value
  WH Smith	10,000 sq ft @ £40 psf
  HMV	8,000 sq ft @ £45 psf
  Arcadia	8,500 sq ft @ £51 psf
  River Island	4,950 sq ft @ £64.00 psf

Scheme valued in 2008 at £160 million.