Telford, Telford Centre
- 1 million sq ft of retail and leisure in 170+ units with parking for 3,600 cars
- Anchored by Marks & Spencer, Debenhams and Primark
- The centre dominates its catchment, attracting 15 million shoppers annually
Business Plan & Achievements
Emphasis on leasing and expiry profile with over 25 lease renewals and 32 new lettings completed in the past 24 months, equating to £1.3m of retained and £3.0m of new income respectively.
Southern Quarter – Completed in 2016, this project consists of 6 new restaurants amounting to 23,000 sq ft, anchored by TGI Fridays.
Northern Quarter – Redevelopment of a former Asda store to create modern units ranging from 10,000 sq ft to 30,000 sq ft with direct car park access. Substantially leased at PC in 2018 to Aldi and B&M.
Fashion Quarter – A prime fashion mall redevelopment was completed in November 2019 to deliver more appropriate space for modern retail requirements. This delivered new flagship stores for Next, New Look, H&M and River Island along with 17 further new and refurbished units.
Conversion of former offices for a new letting to Pure Gym.
Alternative use plans in progress for the introduction of a leisure and entertainment quarter.
Repurposing strategy in place for conversion of former Debenhams department store.
Planning consent achieved for drive thru pods in the car park.