Kingsway Retail Park, Rochdale Fully Let

January 16, 2015

Aberdeen Asset Management, advised by Edgerley Simpson Howe, has fully let its 92,878 sq ft Kingsway Retail Park in Rochdale, Greater Manchester, after securing four major new retailers.

Iceland has taken 10,504 sq ft of a subdivided former Comet store on a new 15-year lease and will pay a rent of £12.38 per sq ft while Pets At Home has signed a 10-year lease on the other 10,501 sq ft of the store.

Poundworld Retail has leased a 10,555 sq ft unit to open its new multi-price format Bargain Buys at a rent of £12.50 per sq ft on a10-year term. Sport Direct has also signed up for 12,511 sq ft on a 10-year lease at £11 per sq ft

Tom Elviss of Aberdeen Asset Management said: “After experiencing the disappointment of 3 tenants entering administration in close succession in early 2013, it is a fantastic turnaround, that we are now fully let with such a strong tenant line up. Their long term commitment to Kingsway Retail Park is great news for the local community”.

The other retailers on the park are Asda, The Range and McDonalds.

 

 

 

Latest News

ORFORD HOUSE, NORWICH COMES TO THE MARKET

March 2, 2021 - 12:32

GCW, on behalf of a private landlord, has launched a prime flagship building in Norwich to the market. The former Debenhams store, named Orford House, is available for sale or lease and is offered as [...]

+ Read More

H&M COMMITS TO LONG TERM FUTURE AT SOVEREIGN CENTROS’ ST. ENOCH CENTRE

March 2, 2021 - 10:58

Sovereign Centros has signed a new 10-year deal with leading fashion retailer H&M, for its 32,000 sq ft store at the St. Enoch Centre in Glasgow. H&M is the latest in a long line of tenants to[...]

+ Read More

IV REAL ESTATE TRANSFORMS TWO BRISTOL OFFICE BUILDINGS

March 1, 2021 - 10:01

IV Real Estate has completed the refurbishment of two prime office buildings in Bristol city centre. Practical completion of 41 Corn Street and the adjoining Gilbert House has now been reached followi[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR