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News archive – 2018

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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.

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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.

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The Stane Leisure Park is practically complete and the tenants have started fitting-out.
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Brief market commentary

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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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Subway opens a new branch
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Aerial photos show the progress of Stane Leisure Park
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Sale completed
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Update on sale, under offer.
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Aerial photos show the progress of the development and the Stane Retail Park site.
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News archive - 2018 - Gregory Moore Property