PRINCES GATE Catterick Garrison
Regionally dominant Retail & Leisure scheme now open and trading with only 3 units to-let (3,287 sq.ft – 11,045 sq.ft)
Catterick Leisure Centre
U/O THE ORIGINAL FACTORY SHOP
U/O U/O
U/O
Richmond (3 MILES)
A1 (4.5 MILES)
♦♦ Princes Gate is the dominant Retail & Leisure provision within Catterick Garrison ♦♦ The scheme extends to 151,702 sq.ft of Retail, Leisure and Hotel accommodation
♦♦ 7 screen Empire Cinema due to open on 23rd Oct with catchment population projected to be c100,000 ♦♦ Europe’s Largest Military Town ♦♦ Regionally dominant leisure destination offering both cinema and food and beverage provision supported by the adjacent leisure centre
Not to scale. For indicative purposes only.
Demographics
Wealthy households account for 32% of the 10-minute catchment, increasing to 36% of the 20-minute catchment (compared to a national average of 19%) .
Catchment
10 minutes 20 minutes
10 minutes 20 minutes
♦♦ Affluent catchment with a highly populated urban core. ♦♦ 65,000 consumers within 25 minutes, 200,000 within 30 minutes and 575,000 within 45 minutes (source: CACI, 2013). ♦♦ Significant population growth expected, as the area has been designated as a housing growth location for the district.
(source: Savills Research)
♦♦ £104 million total consumer retail expenditure (per annum) within 10 minutes, increasing to £173 million within 20 minutes (source: Savills Research). ♦♦ £79 million per annum spent on food and beverage / catering within the 25-minute catchment (source: The Retail Group).
PRINCES GATE
♦♦ Wealthy households account for 32% of the 10-minute catchment, increasing to 36% of the 20-minute catchment (compared to a national average of 19%) (source: Savills Research). ♦♦ Comfortable households account for 25% of the 10-minute catchment, increasing to 28% of the 20-minute catchment (source: Savills Research). ♦♦ 60% of military households have two or more incomes and household income is 25-50% above the Great Britain average (source: Oxford Retail Consultants). ♦♦ Core shopper profile biased towards mid-market and family oriented. ♦♦ Over 5 million tourists visit the district with limited competition. ♦♦ Employment amongst 16-75 year olds in Richmondshire is high. Unemployment stands at just 1.5% in comparison to the UK national average of 3.6% (source: PROMIS, 2011). ♦♦ Expenditure patterns are good and categories where expenditure is above the national average include: household goods (+17%); textiles (+14%); recreational durables (+11%); and small electricals (+5%) (source: CACI).
£104 million total consumer retail expenditure (per annum) within 10 minutes, increasing to £173 million within 20 minutes.
Not to scale. For indicative purposes only.
Remaining 3 restaurant units to-let underneath the cinema.
The Empire cinema opens for trade on 23rd Oct 2015
1
U/O FACTORY SHOP
THE
2
3
4
UPPER LEVEL
5
6
a
14
13
7b MANAGEMENT OFFICE
VACANT 4,459 sq.ft
VACANT 3,299 sq.ft
VACANT 3,287 sq.ft
8
12 U/O DOMINOS PIZZA
15a
U/O
HOLLAND & 15b BARRETT
Denotes mezzanine floor space
y
Not to scale. For indicative purposes only.
Important Notice Savills, their clients and any joint agents give notice that: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | October 2015
All enquiries
Ian Hare
[email protected] 0113 220 1233
Paul Brewer
[email protected] 0121 609 8431
Nick Robinson
[email protected] 01347 825 299