Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract. *In legals
recent lettings to:
Open A1 including foodAvailability subject to asset management
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
Open A1 including foodAvailability subject to asset management
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
Grand JunctionRetail Park
Grand Junction Retail Park
Vernon Way Retail Park
Tesco
Open A1 including foodAvailability subject to asset management
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
ACORN Affluence & Lifestage Categories
North West20 minutes10 minutes UK
Affluent Achievers Rising Prosperity Comfortable Communities Financially Stretched Urban Adversity
Lavi
shLi
fest
yles
0%
2%
0%0%
0% 0%1%
4%
1%5%
3%6%
3%8%
3%5%
4%
12%
8%10
%8%
6%4%
3%
4%3%
4%4%
1%0%
2%2%
7%7% 7%
6%
7%7%
5%7%
16%
8%10
%
9%
7%8%
5%
7%5%
3%
4%
6%
5% 5%
5%
10%
7%
6%5%
6%
1%1%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Exec
utiv
eW
ealt
h
Mat
ure
Mon
ey
Cit
ySo
phis
tica
tes
Car
eer
Clim
bers
Cou
ntry
side
Com
mun
itie
s
Succ
essf
ulSu
burb
s
Stea
dyN
eigh
bour
hood
s
Com
fort
abl
Sen
iors
Star
ting
Out
Stud
ent
Lif
e
Mod
est
Mea
ns
Stri
ving
Fam
ilies
Poor
erPe
nsio
ners
You
ngH
ards
hip
Stru
gglin
gEs
tate
s
Dif
ficu
ltC
ircu
mst
ance
s
14%
11%
5%12
%11
%10
%
12%
18%
325
0
13,759
4,939
9,044
1,815
0
0
3,605
464
6,007
1,025
4,696
1,504
5,830
4,077
4,840
2,242
2,520
1,285
384
380
5,450
2,471
3,754
1,954
5,383
1,816
6,013
5,497
3,392
3,010
2,083
1,61810 minutes
20 minutes
TotalHouseholds
Retail ProvisionOut of Town
1. Grand Junction Retail Park
2. Vernon Way Retail Park
3. B&Q Unit
4. Congleton Retail Park
5. Wharton Retail Park
Catchment
10 minutes (80,439)
20 minutes (177,810)
Open A1 including foodAvailability subject to asset management
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
£100£300£500£700£900
£1,100£1,300£1,500£1,700
Convenience Comparison Leisure Goods Leisure Services
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
Potential & Confirmed Residential Development Including Expenditure Uplift
*Outline plans submitted/granted and the scheme is in pre-tender stage.**Planning permission has been granted and developers have either started on site or been awarded the contract for development.
POTENTIAL CONFIRMED
Residential Development Locations
Household Units Count – Possibly Coming On-Line*
Potential Increase in Total Consumer Retail Expenditure
Potential Increase in Clothing & Footwear Consumer Retail Expenditure
Household Units Count – Confirmed Developments**
Potential Increase in Total Consumer Retail Expenditure
Potential Increase in Clothing & Footwear Consumer Retail Expenditure
Crewe 2,606 £39m £7m 771 £12m £2m
Nantwich 1,103 £17m £3m 997 £15m £3m
Winsford n/a n/a n/a 401 £6m £1m
Congleton 501 £8m £1m n/a n/a n/a
Middlewich 451 £7m £1m n/a n/a n/a
Total 4,661 £71m £12m 2,169 £33m £6m
Average Spend Compared to North West & UK Averages
2016 Household Spend 2016 Personal Spend
Convenience Comparison Leisure Goods Leisure Services
£0
£100
£200
£300
£400
£500
£600
£700
North West
UK
Open A1 including foodAvailability subject to asset management
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
48,100 48,22651,072
0
10,000
15,000
5,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
55,000
60,000
65,000
70,000
LastWeek ‘18
ThisWeek ‘17
Wee
kly
Veh
icle
s
ThisWeek ‘18
Retail ParkYear-on-Year
-1.6%
WeeklyChange
-0.3%
YearlyChange
-5.8%1.2%
Retail ParkWeek-on-Week
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
2016 2017 2018
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
01 03 05 07 09 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51
Wee
kly
Veh
icle
s
Calendar Week
Weekly Number of Vehicles
22,000 vehicles a day pass along Earle Street, Crewe – Dept of Transport data 2014
Annual Performance
Open A1 including foodAvailability subject to asset management
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
1
0
10
5
40
Household Goods Personal GoodsClothing & Footwear
35
30
25
20
15
16
17
5
22
9
Turn
over
(£m
)
Trading Gap Current Turnover
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
0
1,000
1,200
Res
iden
t Sp
end*
(£m
)
FortKinnaird,
Edinburgh
1,400
1,600
1,800
200
400
600
800
Broughton,Chester
RushdenLakes
GrandJunction,Crewe
MonksCross,York
WestwoodCross,
Broadstairs
ParcTrostre,Llanelli
ParcLlandudno
Trading Gap Across Key Sectors
The chart above shows the Trading Gap opportunity – a realistic estimate of potential turnover growth that can be achieved in key Merchandise Groups*.
Large Market Size – Comparative Hybrid Retail Parks
Open A1 including foodAvailability subject to asset management
* Merchandising Groups: Clothing and Footwear, Household and Personal Goods.
The chart above shows resident spend within a 30 minute drive time on key Merchandising Groups* across the retail park landscape.
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
LA
UR
AA
SH
LE
Y
QUEEN STREET
EARL
E ST
REET
EARLE
STREE
T (A53
2)
GRAND JCN W
AY
To Let4,250 sq ft
PRO
POSE
D U
NIT
S
Open A1 including foodAvailability subject to asset management
To L
et6,
500
sq ft
Exch
ange
d
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
This image is published for convenience of identification only and although believed to be correct its accuracy cannot be guaranteed and it is expressly excluded from any contract.
Open A1 including foodAvailability subject to asset management
Grand Junction Retail Park | Crewe | December 2018 | Ref: 15542.003
Location The Park is accessed via Earle Street (A532) and lies to the east of the town centre.
Scheme Size 231,516 sq ft
Planning Open A1 including food.
Car Parking Spaces 791
Occupiers Next, M&S, TK Maxx, Boots, Costa Coffee, Nando’s, Harveys, Bathstore, Home Bargains, Laura Ashley, Pets at Home, Carpetright, Shoe Zone, Currys/PC World, Halfords, Aldi, Sports Direct, KFC, Chiquito, Carphone Warehouse, Hobbycraft, Frankie & Benny’s, Bella Italia, Poundworld, Sofology, Magnet, River Island, Poundstretcher, Mountain Warehouse and Flooring Superstore.
Availability Subject to asset management.
Refurbishment UBS to shortly undertake a modernisation programme across the park to include removal of canopies and improve signage and traffic & pedestrian flow.
Contacts
GRAND JUNCTION RETAIL PARK CREWE CW1 2RP
Misrepresentation notice: Savills & Curson Sowerby Partners LLP and for the vendors/lessors of the property whose agents they are, give notice that:- 1) the particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute, nor constitute part of, an offer or contract; 2) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser/lessee should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them; 3) no person in the employment of Savills & Curson Sowerby Partners LLP has any authority to make or give any representations or warranty whatsoever in relation to this property or the particulars, nor enter into any contract relating to the property on behalf of Savills & Curson Sowerby Partners LLP nor any contract on behalf of the vendors/lessors; 4) no responsibility can be accepted for any expenses incurred by the intending purchasers/lessees in inspecting properties which have been sold/let or withdrawn; 5) descriptions of the property are subjective and are given in good faith as an opinion and not statement of fact; 6) plans and imagery may be digitally enhanced and are published for convenience of identification only; their accuracy cannot be guaranteed and they do not form part of any contract.Designed and produced by THE GROUP www.completelygroup.com
Johnny RowlandT: 020 7409 8721E: [email protected]
Charlie McIntoshT: 020 7199 2974E: [email protected]