CALEDONIAN RETAIL PARK - DTZ Investors | Real … · DTZ and Kennedy & Co. for themselves and for...

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Asset Management Opportunities CALEDONIAN RETAIL PARK Wishaw ML2 7UR

Transcript of CALEDONIAN RETAIL PARK - DTZ Investors | Real … · DTZ and Kennedy & Co. for themselves and for...

Asset Management Opportunities

CALEDONIANRETAIL PARKWishaw ML2 7UR

Caledonian Retail Park

A721

J6

WISHAW

M74

M74

A71

A71

A73

A73

TOCARLISE

TO

GLASGOW

TO M8

MOTHERWELL

GARDENCENTRE

THERANGE

CA

RP

ET

RIT

E

PO

UN

D S

TR

ETC

HE

R

PE

TS

AT

HO

ME

VA

CA

NT

MATALAN

B&MBARGAINS

ARGOS

Service Yard

CALEDONIAN PARK

GLASGOW ROADGLASGOW ROAD

NE

W A

SH

TR

EE

ST

Existing Site Plan

LOCATION

Caledonian Retail Park is an established open class 1 non food retail parksituated on a busy arterial route into the town of Wishaw in NorthLanarkshire.

Caledonian Retail Park benefits from a strong tenant mix with occupiersincluding B & M, The Range, Matalan, Argos, Pets At Home,Poundstretcher and Carpetright. The park which extends to 132,000 sq.ftalso provides extensive on-site car parking.

Wishaw is approximately 15 miles south east of Glasgow and 2 milesEast of Motherwell. The town benefits from excellent transport links withthe A73 and A71 linking the town with the M8 and the M74, which provideaccess to the majority of Scotland's central belt and the South.

OPPORTUNITIES

Currently the unit formerly occupied by Brantano is vacant and extendsto 7,316 sq.ft. Whilst not in the legal possession of the landlord,expressions of interest are invited from interested parties to develop assetmanagement initiatives.

The landlord is also proposing to develop a pod unit of 4,000 sq.ftadjacent to The Range which is capable of sub-division. Planningpermission is currently being sought with a view to a start on site inSummer 2016.

MATALAN£poundstretcherpoundstretcher£

the original value store...

Caledonian Retail Park

RENT

On application.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in thetransaction.

VAT

As the park has been VAT elected, the subjects will be liable for VAT.

Unit 1

Unit 2

Unit 3

Unit 4

Unit 5

Unit 6-8

Unit 9

Unit 10

Parking

Caledonian Retail Park

TENANCY SCHEDULE

GARDENCENTRE

THERANGE

CA

RP

ET

RIT

E

GLASGO

Site Plan with POD options

GARDENCENTRE

THERANGE

CA

RP

ET

RIT

E

GLASGO

Option 1 Option 2

A

BC

A

Unit A - 4000sq.ft. Unit A - 2000sq.ft.

Unit B - 1000sq.ft.

Unit C - 1000sq.ft.

The Range

Carpetright

Instore

Pets at Home

Vacant

Matalan

B&M Bargains

Argos

31,522 sq ft

10,467 sq ft

10,459 sq ft

7,473 sq ft

7,316 sq ft

45,992 sq ft

15,027 sq ft

8,538 sq ft

477 spaces

DTZ and Kennedy & Co. for themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars are set out as a

general outline for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract. All descriptions, dimensions, references to

condition and necessary permissions for use and occupation and other details are given in good faith and 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 by inspection or otherwise as to the correctness of each

of them. No person in the employment of DTZ or Kennedy & Co. has any authority to make or give any representation or warranty whatever in relation to this

property. All prices, rents and premiums etc. are quoted exclusive of VAT.

March 2016

ENQUIRIES

For all enquiries and further information please contact the

joint agents.

Andrew Kennedy

Kennedy and Co. 205 St Vincent st

Glasgow

G2 5QD

0141 248 7773

[email protected]

Or

Jim Sims

DTZ199 St Vincent St

Glasgow

G2 5QD

0141 304 3240

[email protected]