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FLINTSHIRE RETAIL PARK ATTRACTS NATIONAL OCCUPIERS

Hollins Murray Group (HMG) has welcomed a number of new tenants to Flintshire Retail Park over the last 12 months. The announcement comes after the long-term owner completed a £2million extension to create an additional 40,000 sq ft

Greggs (1,585 sq ft), Sainsbury’s (24,991 sq ft); Sports Direct (8,195 sq ft) and Food Warehouse (11,177 sq ft) have all taken new 10 year leases. Card Factory (1,574 sq ft); Home Bargains (25,000 sq ft); and B&M has signed up to 29,000 sq ft. These deals mean three units remain available ranging from 3,000 sq ft up to 25,000 sq ft

Speaking about the scheme, Josh Moores, surveyor at HMG, commented: “Flintshire Retail Park has been a long-term hold for HMG and represents our largest retail asset within the portfolio. Over the last 15 years we have continually invested through new development and refurbishment to attract and retain occupiers and ensure the Park continues to be the dominant retail destination locally.”

Craig Hudson, Partner at CSP Retail, joint letting agents for the scheme with Legat Owen, continued: “Like many retail schemes, Flintshire Retail Park has seen the inevitable churn with the departure of occupiers such as Carpet Right and Littlewoods but our proactive approach to asset management has meant we have successfully brought in new tenants and repositioned the scheme to provide existing occupiers with the appropriately sized unit to support their growth and maximise the park’s value.

Josh continued: “ The scheme benefits from unrestricted open A1 planning consent, including food and as the primary retail location for the town, the remaining available space would be ideally suited to a discount supermarket retailer to complement the existing tenant mix and would undoubtedly appeal to customers within the park’s catchment area.”

Located six miles north of Mold and 12 miles west of Chester, Flintshire Retail Park comprises 121,655 sq ft of open retail warehouse space. The scheme benefits from a 460-space car park and is minutes from the railway station with a direct line to Holyhead to the west, Chester and onwards to London to the east.

Quoting rental is from £10 per sq ft.

Bennett Real Estate Consultancy represented Home Bargains. Mason Owen advised Food Warehouse and Greggs. Barker Proudlove advised Card Factory. Greggs was represented by Mason Owen.

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