News
Magnet have opened their new 3,605 sq ft showroom on Seamer Road Retail Park. The adjoining 2,300 sq ft is being marketed for a retail or café/coffee shop use.
Phase 2 will be held in 2020 and 2021.
The committee report listed my submission about why shops are left empty due to “vacant rates”, but the Conclusion and Recommendations were on a far grander scale. The detail within the submissions from rating experts is a true education on the subject, and I would urge landlords and tenants to make their views known during the second stage.
The Accessible Retail Conference speakers all used “sustainability” as their theme, whether it was retailers, consultants or architects.
A good day to promote instructions, and to learn about current requirements, at the same time as meeting old friends.
Stripping-out works have commenced on the former PoundWorld unit prior to the main subdivision contract. This will allow Greggs to be trading by Christmas.
The Churchmanor Estates Company Plc have now submitted a S73 Application to increase the size of the Food Hall.
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Practical Completion of the subdivision works will allow handover to Magnet to fit-out and trade in a new 3,580 sq ft showroom by the end of the year. The adjoining 2,300 sq ft is being marketed for a retail or café/coffee shop use.
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A good day to promote Colchester, Stane Retail Park and other instructions, and to learn about current requirements, at the same time as meeting old friends.
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Planning permission has been obtained for the subdivision of the former Brantano and stripping-out works have commenced prior to the main contract. This will allow two new tenants to be trading in the summer. Announcement on the fascias to be made shortly.
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The Treasury Committee are in the middle of an inquiry into Business Rates to scrutinise how Government policy has impacted business.
Deadlines for submission are 2 April 2019.
The committee are aware of my News Item from July 2018 and I have been asked to update and submit my comments on the Inquiry website. I would urge all landlords and tenants to make their views known.
Colchester, Stane Retail Park gets a detailed mention in the latest Essex Live Newspaper.
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23.5 Degrees Ltd, trading as Starbucks, opened in part of the former Frankie & Benny’s. Greggs opened in November.
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Greggs opened in part of the former Frankie & Benny’s, and Starbucks will open in December.
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Nando’s just opened their doors and the people came. No formal opening, but there were still queues. They join McMullen’s Princess Charlotte pub, KFC and Starbucks.
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The Accessible Retail Conference speakers all used “change” as their theme, whether it was on “bricks and clicks”, CVAs or concentrating on shopping centres.
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Churchmanor Estates attended Completely Retail Marketplace to launch the marketing of the 57,500 sq ft bulky goods terrace to furniture and home furnishings retailers to trade alongside B&Q Warehouse, Aldi and M&S Food Hall on the 171,100 sq ft Stane Retail Park, Tollgate, Colchester. The opening is programmed for summer 2020 following £2.6 million of highway improvements
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After many years of trying to open a drive-through in Colchester, KFC franchisee Kefco, succeeded to welcoming cheers on Churchmanor’s new development in Tollgate.
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Stephen Clark of Churchmanor was on site to welcome local MP Priti Patel and the mayor, Peter Chillingworth, as 23.5 Degrees (Starbucks’ franchisee) opened the first restaurant on Stane Leisure Park.
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B&M have opened their new store following an assignment from Homebase Bunnings in July.
Threadneedle have agreed a surrender of the Frankie & Benny’s lease following subdivision by TRG, and new leases for Starbucks’ franchisee 23.5 Degrees and Greggs starting in November 2018.
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M7 Real Estate have let Unit 8 to At Ladies Room. The 2,405 sq ft freestanding property complements At Mens Room, Hartlepool
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The 23 August 2018 planning committee approved the 171,000 sq ft retail
park, allowing B&Q and Aldi to relocate in Colchester, and M&S
Food Hall to open.
Gregory Moore has advised the developer Churchmanor Estates throughout, and is the letting agent for the remaining space.
The Stane Leisure Park is practically complete and the tenants have started fitting-out.
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Landlords will avoid becoming the "occupier" so that they are not liable for business rates after a retailer goes into administration.
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Following an assignment of the lease from Homebase to B&M Bargains, the new store is due to open in mid-September
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Aerial photos show the progress of Stane Leisure Park
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Aerial photos show the progress of the development and the Stane Retail Park site.
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Stane Retail Park of 170,300 sq ft is partly pre-let to B&Q for an 80,000 sq ft store plus garden centre and builders yard as a relocation from The Hythe, Colchester. Other names revealed in the planning application include Aldi for an 18,500 sq ft store as a relocation from Lexden, and an 11,000 sq ft M&S Food Hall who will a welcome new fascia to Tollgate. The site is opposite Sainsbury’s and the Stane Leisure Park on the Stanway Western Bypass.
Gregory Moore Property acted for Churchmanor Estates and is their letting agent.
