northwich | chEShirE

Report 3 Downloads 92 Views
a wealth of untapped po t e nt i al

Pr e- l ets se cu r ed to &

Op Sumening 201 mer 6

nort h w i c h | CH E S HIR E shopping & entertai nment

Barons Quay

Northwich

Gallery

Scheme

The Opportunity

Contact

Barons Quay

Back

Barons Quay is a significant, comprehensive and attractive mixed-use scheme that will enhance Northwich town centre as a place where people choose to visit, relax, shop and enjoy.

• Full planning permission granted

The contemporary designed development will be anchored by a new Odeon Cinema, ASDA superstore and will provide new, modern retail and leisure accommodation in the heart of Northwich town centre.

• 130,000 sq ft of retail accommodation

• Scheduled for completion in Summer 2016 • 68,000 sq ft foodstore pre-let to ASDA • 5 Screen (771 seat) cinema pre-let to Odeon • 30,000 sq ft of restaurant/ bar accommodation • 900 limited period free car parking spaces • £80 Million development Next

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Barons Quay

Northwich

Northwich

Gallery

Scheme

The Opportunity

Contact

Sunday Times’ 101 Best Places to Live in Britain Northwich Map

Northwich is located in the north west of England, approximately 23 miles to the south west of Manchester and 18 miles east of Chester.

M6

A5209

Northwich is one of only two North West towns to feature in the Sunday Times’ list of ‘101 Best Places to Live in Britain” in both 2013 and 2014. The local catchment classified as Northwich & Rural North has a population of 71,000. This population is expected to rise by 5% by 2016 with the Local Plan 2014 allocating Northwich needing 4200 new homes. The local population is well skilled and affluent, with a higher than average percentage of the population educated to degree level (23%). Unemployment is generally low (3.6%).

A666

M61

A673

Wigan

M58

M66

A58

Bolton

Oldham

M61

A49

M60 A665

A570

M6

Manchester M62

Warrington M62 A530

M6

Stockport

A523

Wilmslow A537

Northwich

M6

A537

A49 A533 A54 Cuddington

Chester

Hayfield A6

A34

A49

Holmes Chapel

Sandbach

A41 A51 Winsford

A536

A54

A51

A53

A534

A530

Crewe

(CACI 2014)

M67

A6

A6010

M56

A56

A57

Altrincham M56

A568

M56

M60

Lymm

A49

A57

CACI research predicts the new development will increase market catchment by 30%.

Back

A628

A580

A580

Liverpool

A626

A664

A576

A533

Post development, Northwich will be ranked 52nd (currently 61st) in the regional ranking of Retail Footprint centres, putting it above nearby Wilmslow (55th).

M62

A34

Biddulph

The Peak District

A523

Middlewich

Shopper Catchment Area

Next

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Barons Quay

Northwich

Gallery

Scheme

The Opportunity

Contact

Gallery

Back

New Odeon Cinema

Town Bridge

New Marina

High Street Retailers

New Memorial Hall

High Street Retailers

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Next

Rive r

Weaver Barons Quay Gardens

Northwich

Scheme

Gallery

The Opportunity

Contact

eet Leicester Str

Scheme

Ba Sq

oad

Total Car Parking Spaces - 885 spaces - 26 Disabled spaces

Venables R

Barons Square

3.01 2,293ft2

3.04 MSU 31,025ft2

er

3.05 67,263ft2

3.07 4,516ft2

rW eav

2.13 3,712ft2

Rive

Weaver Gardens

2.12 3,042ft2 2.11 2,373ft2 2.10 1,528ft2

1.03 3,246ft2

Weaver Point 1.07 3,006ft2

Back

3.06 4,502ft2

2.15 4,018ft2

1.06 1.05 881ft2 1.04 2 3,961ft2 3,836ft

1.08 5,740ft2

3.08 4,518ft2 3.09 3,398ft2

2.04 6,902ft2 2.05 3,257ft2 2.06 3,252ft2 2.07 2,763ft2 2.08 3,221ft2

4.01 8,268ft2

2.03 2,019ft2

3.02 4,544ft2 3.10

3.11 1,982ft 1,963ft2

Barons Square

2

4.08 3,369ft2

4.06 4.10 2 4.07 1,7502 3,457ft 1,7432

2.09 2,3032

1.09 4,084ft2

et

Witton Stre

Cinema

A3 Restaurants

A1 Retail

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Next

Barons Quay

Catchment Profile

Northwich

Gallery

Scheme

The Opportunity

Contact

An affluent catchment with expenditure above national and regional averages Household spend is higher than the national average on most retail categories. Spend is particularly high on clothing and comparison goods.

Expenditure per Annum (£m)

Annual Household Spend (£)

Clothing & Footwear

£16.31

House & Home

Category

8% higher than National Average for clothing and footwear expenditure

Back

Household Spend Index v UK

North West

£1,317.37

108

108

£2.25

£182.00

102

115

Leisure Goods

£8.49

£685.60

101

108

Personal Goods

£3.32

£268.54

104

112

Personal Care

£6.45

£520.96

100

107

Durable Goods

£18.22

£1,471.45

100

113

Comparison Goods

£55.04

£4,445.92

103

110

Convenience

£53.25

£4,301.54

104

103

Catering

£15.76

£1,272.65

105

111

Total Retail Spend

£124.05

£10,020.12

103

107

10% higher than Regional Average for comparison goods expenditure

Comparison goods market potential increases by £13.11m to £55.04m after the development.

Next Source: CACI Acorn 2014

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Barons Quay

Catchment Profile

Gallery

Northwich

The Opportunity

Scheme

Contact

Very affluent Executive Wealth dominate the catchment and account for 22% of households.

The key Acorn lifestyle profiles of shoppers in the Northwich catchment are wealthy, family orientated and affluent greys.

Affluent Achievers

Rising Prosperity

Comfortable Communities

Financially Stretched

Urban Adversity

25%

% of Households

20%

15%

10%

5%

an ce s

s te

um

st

Es ta g iffi

cu lt

C irc

gg lin

St ru

H

ar ds h

ip

s on er si

re rP en

g

Fa m

Po o

in

Yo un g

es ili

ns ea riv St

od es tM M

nt L de

St u

tin g

ou

ife

t

rs ar St

C om

fo rta bl

e

Se

rh

oo

ni o

ds

bs ei

gh bo u

Su bu r ad y

N

es sf ul

D

St e

Su cc

nt ry si

de

C om

m

lim

un iti

be r

es

s

es C ou

C

ar e

er C

hi So p C

ity

at M

st ic at

on ey M e

ur

e tiv tu Ex ec

La vi

sh

Li

fe

st

W ea

yl

lth

es

0%

Back

Next

Northwich Current

Post Stage 1 Development

North West

Source: CACI Acorn 2014

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Barons Quay

Northwich

Agents (Retail)

Nick McAllester Tel: 0161 833 1197 Email: [email protected]

Back

Gallery

Scheme

The Opportunity

Agent (Leisure)

Carl Walls Tel: 0161 242 8015 Email: [email protected]

Contact

Developed by

Dan Davies Tel: 0161 833 1197 Email: [email protected]

MISREPRESENTATION ACT: All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property. Interactive PDF designed & produced by 90degrees.com May 2014. Tel 0161 833 1890.

SH O PPI N G & EN TERTA I N M EN T | N O RTH WI C H

Next