DOCSLIB.ORG

Mid Devon Local Plan Review 2013 – 2033 Proposed Submission (Incorporating Proposed Modifications) Examination in Public

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Mid Devon Local Plan Review 2013 – 2033 Proposed Submission (Incorporating Proposed Modifications) Examination in Public Document Ref: Mid Devon Local Plan Review 2013 – 2033 Proposed Submission (incorporating proposed modifications) Examination in Public Hearing 1: Policy J27 (20/09/2018) Issues 2, 3, 4 and 8 Parties: Mid Devon District Council Aviva Life & Pensions UK Ltd Date: July 2018 Mid Devon Local Plan Review 2013 – 2033 Proposed Submission (incorporating proposed Modifications) Examination in Public Signatures Signature …………………………. Jenny Clifford, Head of Planning, Economy and Regeneration On behalf of Mid Devon District Council Signature ………………………….. Robert Clarke, Senior Partner Rapleys LLP on behalf of Aviva Life & Pensions UK Ltd \\mddcsan\Shared\Planning\Forward Planning\Local Development Frameworks\Local Plan Review\Examination Documents\Statements of Common Ground\Updated Statements for PO Aug18\J27 Retial SoCG - Final Draft 31-07-18 Signed.docx Page 2 of 123 1 INTRODUCTION 1.1 This statement replaces and supersedes the statement signed by Mid Devon District Council and Friends Life Ltd (since acquired by Aviva Life & Pensions UK Ltd; any subsequent reference to Friends Life Ltd should be understood in this context) dated in August 2017 relating to Issues 2, 3, 4 and 8, as follows. 2. Has a regional need for the retail element and the comparison goods floorspace in particular, been demonstrated? 3. Has the ‘sequential test’ been approached with sufficient rigour? 4. Has the analysis of the potential impacts of the retail element (2 and 3 above) of the proposal properly fulfilled the duty to co-operate? 8. Can existing town centre uses be properly protected through planning controls? 1.2 The new statement addresses the following areas of common ground in relation to these issues. Issue 2 relates to the need for the retail element of the proposed Junction 27 site allocation in the emerging Local Plan. This issue is addressed in Section 2 of this Statement. 1.3 Issues 4 and 8 above relate to whether the scale and type of retail development proposed will have a significant adverse impact on town centres, planned investment and/or allocations. These issues are addressed in Section 3 of this Statement. 1.4 Issue 3 relates to the application of the sequential approach to site selection. This issue is addressed in Section 4 of this Statement. Also related to the sequential approach is Issue 5 which addresses the ‘synergy’ between the Outlet Shopping Village, tourism and leisure elements of the proposed allocation. Issue 5 has been addressed in a separate statement of common ground. 1.5 CBRE prepared a Town Centre Uses Statement (April 2015) on behalf of the developer. This statement was independently reviewed by Lichfields (previously NLP), and the findings of this review were set out in Lichfields’ critique report (July 2015). Lichfields undertook additional analysis to provide a more robust evidence-based assessment of the EW proposals, as set out in Lichfields' addendum critique (March 2016). Following Lichfields’ critique, a revised scheme was submitted as part of representations to the Proposed Submission Local Plan, and CBRE updated the Town Centre Uses Statement (August 2016). 1.6 The evidence set out in these previous reports now needs to be reviewed. This statement has been prepared to assist the Inspector by updating evidence, and by addressing issues raised by the \\ mddcsan\Shared\Planning\Forward Planning\Local Development Frameworks\Local Plan Review\Examination Documents\Statements of Common Ground\Updated Statements for PO Aug18\J27 Retial SoCG - Final Draft 31-07-18 Signed.docx Page 3 of 123 Inspector and relevant representations. This statement not only replaces the previous statement of common ground, but also supersedes, replaces and expands on the evidence contained within Lichfields’ previous reports. It also updates, where relevant, the evidence contained within the CBRE reports (and, by association, their statements). \\ mddcsan\Shared\Planning\Forward Planning\Local Development Frameworks\Local Plan Review\Examination Documents\Statements of Common Ground\Updated Statements for PO Aug18\J27 Retial SoCG - Final Draft 31-07-18 Signed.docx Page 4 of 123 2 RETAIL NEED Relevant Issue 2. Has a regional need for the retail element and the comparison goods floorspace in particular, been demonstrated? 2.1 This matter was addressed in CBRE’s Town Centre Uses Statement (April 2015 and updated August 2016), although these statements did not fully address commitments and allocations within the wider region. To address issues raised by objectors, the retail need assessment prepared by CBRE has been updated and refined to address the specific issues raised, including additional analysis of commitments and allocations, as shown in Appendix A of this Statement. Planning policy and guidance 2.2 Planning for town centre uses is addressed at paragraph 23 of the NPPF. It explains that in drawing up Local Plans, local planning authorities should: Allocate a range of suitable sites to meet the scale and type of retail, leisure, commercial, office, tourism, cultural, community and residential development needed in town centres. Overall approach to the assessment of need 2.3 It is appropriate to consider need in both qualitative and quantitative terms: qualitative need typically exists where there is, for example, poor consumer choice and an inadequate distribution of facilities; and quantitative need for A1 retail floorspace typically arises where there is, or will be, an imbalance between the turnover capacity of existing facilities and available expenditure in any given area. 2.4 Both qualitative and quantitative need for the proposed retail allocation in Policy J27 can be demonstrated. 2.5 In this case, the need for the retail floorspace must be seen in the context of its ability to: Help deliver a step-change in the tourism offer in Mid Devon, by acting as an attraction and one of a range of attractions between which there will be linked trips (an issue addressed in the statement of common ground between the two parties dealing with issues 1, 5, 6 and 7); and Facilitate the development of other elements of the scheme sought by the allocation (an issue addressed in the statement of common ground between the two parties dealing with issues 1, 5, 6 and 7). \\ mddcsan\Shared\Planning\Forward Planning\Local Development Frameworks\Local Plan Review\Examination Documents\Statements of Common Ground\Updated Statements for PO Aug18\J27 Retial SoCG - Final Draft 31-07-18 Signed.docx Page 5 of 123 Assessment of qualitative need 2.6 Qualitative need is a subjective concept, but of the factors frequently identified as components of qualitative need, three are particularly relevant in this case: deficiencies or ‘gaps’ in existing provision; consumer choice and competition; and the quality of existing provision. 2.7 In terms of the comparison goods element, the south west is currently served by the following outlet villages/centres: Atlantic Village, Bideford (around 50 mins from Tiverton by car) Clarks Village, Street (around 50 mins from Tiverton) Gloucester Quays (around one hour 35 mins from Tiverton) Wilton Shopping Village, Salisbury (around one hour 35 mins from Tiverton) Swindon Designer Outlet (around one hour 45 mins from Tiverton) Poole Pottery Factory Outlet (around one hour 50 mins from Tiverton) Dolphin Quay, Poole (around one hour 50 mins from Tiverton) 2.8 All but one of these is located north or east of Tiverton, meaning that anyone living or holidaying south or west of the town will need to travel for a significant time. The only outlet village which does lie south or west of Tiverton is Atlantic Village, but it: only serves as an outlet village to a limited degree with, for example, Asda, Aldi and Poundland forming part of the retail offer; lacks many of the ‘higher end’ brands typically associated with outlet villages; and is located on the coast and is not well placed to serve passing trade in a way which a more centrally located outlet village would be. 2.9 That implies a significant qualitative deficiency in the south west region, particularly the area to the south and west of Tiverton. The proposed designer outlet village (DOV) at Junction 27 would help to address that deficiency by improving the distribution of factory outlets across the south west, thereby improving customer choice and helping to provide a diverse retail offer, both of which are aims identified in the NPPF (paragraph 23, bullet 4). 2.10 In addition, the DOV would function as an important component in the mix of attractions that would entice people to visit the proposed tourist destination. \\ mddcsan\Shared\Planning\Forward Planning\Local Development Frameworks\Local Plan Review\Examination Documents\Statements of Common Ground\Updated Statements for PO Aug18\J27 Retial SoCG - Final Draft 31-07-18 Signed.docx Page 6 of 123 2.11 It is agreed, therefore, that the proposed shopping village would help to meet an identified qualitative need which arises at a regional level. 2.12 The proposed agronomy centre includes up to 1,000sqm of ancillary retail floorspace, forming an integral part of this attraction. It would provide an opportunity for related food and drink products from a range of producers across Devon and the region to be showcased and sold within the agronomy centre. Although some farm shops and similar outlets operate in Devon and the wider area, most simply sell products from single providers. As such, the area lacks a base from which a range of products can be sold. Ancillary retail floorspace at the agronomy centre would address this qualitative deficiency, improving customer choice and improving the diversity of the retail offer, as a component part of the visitor attraction. Quantitative Floorspace Capacity 2.13 The proposed Food Hall within the agronomy centre forms part of the ancillary retail floorspace referred to above. It will cater for the needs of tourists visiting the agronomy centre and will help to serve a local need.
Load more

Recommended publications
  • Plymouth University Higher Education Corporation Board of Governors
    Plymouth University Higher Education Corporation Board of Governors Minutes of the meeting of the Board of Governors held on Tuesday 20 January 2015. Present: James Brent (Chairman) Dr Ranulf Scarbrough Sarah Bowman Margaret Schwarz Nick Buckland OBE Dr Mike Sheaff Professor Mark Cleary Stephen Tillman Professor David Coslett Henry Warren Kathryn Goddard Denis Wilkins Professor Terence Lewis Steve Pearce Secretary: Jane Hopkinson, University Secretary In attendance: Professor David Coslett, Interim Vice-Chancellor Professor Ray Playford, Deputy Vice-Chancellor Professor Richard Stephenson, Interim Deputy Vice-Chancellor Professor Simon Payne, Interim Deputy Vice-Chancellor David Beeby, Interim Chief Financial Officer Vikki Matthews, Chief Talent Officer John Wright, Chief Information Officer Siân Millard, Head of Strategy and Performance David Cockayne, Good Governance Institute (observer) Margaret Metcalfe, Executive Administrator Item Action 15/01/1 Membership 1.1 Welcome to new governors Noted: welcome to Nick Buckland and Professor Mark Cleary Susan Davy and Professor Mary Watkins would be joining the Board in February with pleasure, Steve Pearce’s return David Cockayne from the Good Governance Institute was attending as an observer. 1.2 Apologies for absence Noted: apologies from Duncan Currall 1.3 Notification of items of any other business Noted: an item in relation to the Plymouth Science Park would be considered under any other business, following discussion at the Finance Committee earlier in Page 1 of 14 the day. 1.4 Declarations of interest Noted: declarations of interest as set out in Appendix 1 of Enclosure A no specific conflicts of interest relating to matters to be discussed at the meeting. 1.5 Appointment of the Senior Independent Governor (SIG) Noted: Steve Pearce had canvassed nominations independently of the Chairman and Vice-Chairman.
    [Show full text]
  • Bristol City Centre Retail Study: Stages 1 & 2
    www.dtz.com Bristol City Centre Retail Study: Stages 1 & 2 Bristol City Council June 2013 DTZ, a UGL company One Curzon Street London W1J 5HD Contents 1 Introduction ................................................................................................................................... 3 2 Contextual Review ......................................................................................................................... 5 3 Retail and Leisure Functions of Bristol City Centre’s 7 Retail Areas ............................................ 14 4 Basis of the Retail Capacity Forecasts .......................................................................................... 31 5 Quantitative Capacity for New Retail Development ................................................................... 43 6 Qualitative Retail Needs Assessment .......................................................................................... 50 7 Retailer Demand Assessment ...................................................................................................... 74 8 Commercial Leisure Needs Assessment ...................................................................................... 78 9 Review of Potential Development Opportunities ........................................................................ 87 10 Review of Retail Area and Frontage Designations .................................................................... 104 11 Conclusions and Implications for Strategy ..............................................................................
    [Show full text]
  • 210118 SDBE Education Services Assistant
    Application Pack Education Services Assistant – Temporary support assistant role 1 Contents Letter from the Director of Education Job Description Person Specification General Terms of Employment Application Interview Living and Working in Wiltshire 2 Jan 2021 Dear Applicant, I am delighted that you have asked for information about the post of Education Services Assistant. The Salisbury Diocesan Board of Education (DBE) works to serve the needs of 194 schools across Wiltshire, Dorset, Poole and parts of Bournemouth, Hampshire and Devon. Our office is in Wilton, Salisbury and this is where this post is based, although we are all currently working from home during this third national lockdown. The role has been shaped as the DBE has developed, alongside our IT systems which are central to our working. We have an absolute commitment to providing a strong service to each other and our stakeholders, and you would be key to this. I am pleased to attach for your information: • Job Description • Person Specification • General Terms of Employment • Living and working in Wiltshire • Application form Please complete the application form and return to Sarah McNicol ([email protected].) either by email or hard copy. I hope that if the role interests and enthuses you, that you will make an application on the form attached (we do not accept CVs). Thank you for considering the post. Kind regards Joy Tubbs Diocesan Director of Education 3 Job Description Job Title: Education Services Assistant (temporary support assistant role) Responsible to: Education Services Manager (ESM) Key purposes: To secure the Diocesan Board of Education strategic and annual plan success criteria, in relation to: A.
    [Show full text]
  • 7/9 Market Street, Falmouth, Cornwall, TR11 3AE for Sale
    7/9 Market Street, Falmouth, Cornwall, TR11 3AE For sale Prime freehold investment for sale Viewing by prior appointment with Simon Greenslade Two retail units let to EE & Saltrock (01392) 202203 [email protected] First floor self-contained hairdressers Price: £750,000 net initial yield 9.42% strattoncrebercommercial.co.uk 7/9 Market Street, Falmouth, Cornwall, TR11 3AE strattoncrebercommercial.co.uk 9 Market Street is let to Saltrock Surfwear Limited Location guaranteed by Crew Clothing Co.Ltd for a term of 5 years Falmouth is one of the largest towns in Cornwall situated on from 3rd May 2019 expiring on 2nd May 2024. The lease the southern coast approximately 12 miles south of Truro. has been drawn on effectively full repairing and insuring The town benefits from good communications being served terms. The current rent is £30,000 per annum rising by by the A39. Falmouth has a population of approximately £1,000 per annum from 3rd May 2020 annum to £34,000 20,000 and a district population of 85,000 which increases per annum. The tenant has a break option on the 3rd May during the summer months. 2021 by giving at least 6 months prior notice. The current rent equates to approximately £49.00 psf ITZA. The property is situated on the south side of Market Street which comprises the prime retailing pitch for the town. The self-contained first floor accommodation at 9 Market Nearby occupiers include Boots the Chemist, Marks & Street is let to two individuals for a term of 7 years expiring Spencer, Superdrug, WHSmith.
    [Show full text]
  • Regional Employment Bulletin
    Regional Employment Bulletin South West & South Wales September 2016 On behalf of the Career Transition Partnership (CTP), welcome to the South West & South Wales Employment Bulletin. It will provide you with the latest jobs and business news from across the region and highlights a selection of the latest regional vacancies on our job site, RightJob. In addition to this bulletin, there are plenty of other resources available to assist you in your job search: the monthly Focus e-newsletter provides job-finding, resettlement and training news via email, our bespoke Industry Sector Guides are regularly updated with the latest industry news, and the CTP website is full of useful tips, advice and dedicated employer microsites, where you will find information from a range of companies with ongoing opportunities for ex-military personnel. Regional Overview This region covers the geographical area that includes; Cornwall, Devon, Dorset, Somerset, Wiltshire, Hampshire (West), Gloucestershire, Herefordshire and South Wales. The region has the highest percentage of rural land of any English region, three quarters of the total land area being agricultural. The largest city is Bristol. Other major urban centres include Plymouth, Swindon, Gloucester, Exeter, Bath, and the South East Dorset conurbation of Bournemouth, Poole and Christchurch. The most economically productive areas are Bristol, the M4 corridor and South East Dorset which are all areas with the best links to London. South Wales is made up of Pembrokeshire, Carmarthenshire, Swansea and Neath Port Talbot, Bridgend, Rhondda Cynon Taf, Merthyr Tydfil, Caerphilly, Blaenau Gwent, Torfaen, Vale of Glamorgan, Monmouthshire, Newport and Cardiff. The areas of highest job density are centred around Cardiff, and along the M4 motorway that runs through Newport, Cardiff and on to Swansea.
    [Show full text]
  • Trust Board Register of Interests Update
    Trust Board Register of Interests Published 15.04.19 Trust Board Register of Interests Update Published: 15 April 2019 Trust Secretariat Page 1 of 6 Trust Board Register of Interests Published 15.04.19 Introduction In accordance with the NHS Code of Accountability, Trust Board members are required to declare interests which are relevant and material to the NHS Board of which they are a member. Details are set out in Section 7 of the Trust’s Standing Orders. Trust Board members shall declare their relevant and material interests on appointment, together with the relevant and material interests of their spouse. In this case, “spouse” is defined as any person who lives with another person in the same household. Any changes in interests must be declared in writing to the Trust Secretariat team as soon as is practicable. Changes in interests shall be officially declared at the next Trust Board meeting following the change occurring and recorded in the minutes. If a Trust Board member has a doubt about the relevance or materiality of any interest, this should be discussed with the Trust Secretary. For more information For an up-to-date copy of the Trust Board Register of Interests or for any queries, please contact the Trust Secretariat team. Email: [email protected] or [email protected] Direct Dial: 01271 311830 or 01271 322791 Address: Suite 1, Munro House, North Devon District Hospital, Raleigh Park, Barnstaple, Devon, EX31 4JB Trust Board - Voting Members Non-Executive Directors James Brent, Chairman Dr Tim Douglas-Riley,
    [Show full text]
  • A/W 2014 Indie Kitchen Records Are Proud to Announce the Launch of Tom James’ E.P., Blood to Gold
    ISSUE 95 A/W 2014 Indie Kitchen Records are proud to announce the launch of Tom James’ E.P., Blood to Gold. Visit us online for further details. PROFESSOR GREEN Surfers Against Sewage have been working closely with Indie Kitchen over the summer festival season, with lots of live music and events. Take a look at our videos on SAS TV. WARD THOMAS Community, Waves, Environment. Welcome to the autumn national campaigns and interna- edition of Pipeline magazine tional influence to better protect and thanks for all your support unique and valuable coastal SURFERS AGAINST SEWAGE this year. It’s been a phenomenal environments, and all those that Registered Charity year of cutting-edge campaign enjoy them. in England & Wales no. 114587 progress; real-time water We recently launched quality information provided our Protect Our Waves All Chief Executive Hugo Tagholm at more locations than ever Party Group (POW APG) [email protected] before; breath-taking numbers in Westminster, which now Campaign Director Andy Cummins [email protected] of volunteers and campaigners provides SAS with a fantastic taking action with us at beaches new platform to directly influ- Education & Campaign Manager Dom Ferris [email protected] nationwide; and Surfers Against ence politicians and businesses Volunteer & Campaign Coordinator Sewage campaigns even making on the issues we all care about. Jack Middleton [email protected] it into the Queen’s Speech. This Through this group, we will be Campaign Officer year has also seen international seeking innovative new ways to David Smith [email protected] recognition for our environmen- tackle marine litter, protect and Beach Clean Coordinator Leticia Hooper [email protected] tal initiatives at an all-time high; improve bathing water quality, fantastic levels of engagement and safeguard sites of special Fundraising Manager Peter Lewis [email protected] from supporters at festivals new surfing interest.
    [Show full text]
  • Re-Imagining the High Street Escape from Clone Town Britain
    Re-imagining the high street Escape from Clone Town Britain The 2010 Clone Town Report nef is an independent think-and-do tank that inspires and demonstrates real economic well-being. We aim to improve quality of life by promoting innovative solutions that challenge mainstream thinking on economic, environmental and social issues. We work in partnership and put people and the planet first. A report from the Connected Economies Team nef (the new economics foundation) is a registered charity founded in 1986 by the leaders of The Other Economic Summit (TOES), which forced issues such as international debt onto the agenda of the G8 summit meetings. It has taken a lead in helping establish new coalitions and organisations such as the Jubilee 2000 debt campaign; the Ethical Trading Initiative; the UK Social Investment Forum; and new ways to measure social and economic well-being. Contents Foreword 2 Executive summary 3 Part 1: High street collapse? 6 Part 2: The clone town parade 2009 13 Part 3: Communities fighting back 27 Part 4: Re-imagining your local high street to support a low carbon, high well-being future 34 Recommendations 43 Appendix: Clone Town Survey 44 Endnotes 46 Foreword Why does it matter that our town centres increasingly all look the same? Is the spread of clone towns and the creeping homogenisation of the high street anything more than an aesthetic blight? We think so. Yes, distinctiveness and a sense of place matter to people. Without character in our urban centres, living history and visible proof that we can in some way shape and influence our living environment we become alienated in the very places that we should feel at home.
    [Show full text]
  • Andover and Romsey Retail Capacity & Leisure Study - 2018 Final Report
    ANDOVER AND ROMSEY RETAIL CAPACITY & LEISURE STUDY - 2018 FINAL REPORT April 2018 One Chapel Place, London, W1G 0BG CONTENTS EXECUTIVE SUMMARY 6 1 INTRODUCTION 13 2 PLANNING POLICY REVIEW 15 National Planning Policy Framework (NPPF) (2012) 15 National Planning Practice Guidance (PPG) 17 Draft Revised National Planning Policy Framework (Draft NPPF) 18 Local Planning Policy Context 18 Housing 20 Retail 22 Summary 24 3 NATIONAL RETAIL AND TOWN CENTRE TRENDS 25 Retail Trends 25 Special Forms of Trading and Internet Shopping 26 Floorspace 'Productivity' Growth 29 Changing Retailer Requirements 30 Vacancy Levels 31 Trends in Retail-Led Investment and Development 32 Independents and Street Markets 34 Impact of Out-Of-Centre Retailing 35 Summary 36 4 CATCHMENT AREA & SHOPPING PATTERNS 38 Study Area and Zones 38 Household Telephone Interview Survey & Market Share Analysis 40 Summary 47 5 IN-CENTRE SURVEY RESULTS 49 Method 49 Socio-Economic Profile of Shopper and Visitors to Centres 50 Mode of Travel 52 Length of stay 53 Frequency of Visits 54 Main Reason for Visit 55 Main Types of Shops Visited 55 Main Shops Visited 55 Spending Levels in Andover and Romsey 56 Linked Trips in Andover and Romsey 57 Respondents views of Andover and Romsey 58 Potential Improvements to Andover and Romsey 59 Retailer ‘Gap’ Analysis 60 Competing Shopping Destinations 61 Why Respondents Shop Elsewhere 62 Provision of Leisure facilities 63 Street Markets 64 Summary 65 6 BUSINESS SURVEY RESULTS 66 Method 66 Types of Business 66 Time Businesses Have Been Operating in Centres
    [Show full text]
  • Exeter's Chinese Community
    Telling our Stories, Finding our Roots: Exeter’s Multi-Coloured History Chinese Minority and its Contribution to Diversity in Exeter By Community Researchers, Gordon CHAN and Sasiporn PHONGPLOENPIS February 2013 I. Chinese in Modern Exeter The United Kingdom has long earned its reputation for being a multicultural and diverse society. People from around the world have come here for the sake of safety, jobs and a better life [1]. Being part of the big family, Chinese or British Chinese [2] residents have made up 1.7% [3] of the total population in Exeter. With the increasing number of Chinese overseas students in recent years [4], 7.5% [5] of the total students in the University of Exeter now originate from mainland China [6]. This figure (around 1,300 students) nearly catches up with the number of Chinese residents in Exeter and is equivalent to ~1.1% [7] of the total population. Figure 1. Population in Exeter (2011) according to ethnic groups. (Built based on data from [3]) 1 Exeter residents (118,000 people in 2011) ~1.1% Chinese university students 1.7% Chinese residents Figure 2. Chinese population in Exeter. (Not in scale) [3][7] Exeter is in the top 10 local authority districts in England for businesses that show high potential for growth [8]. Thus, it is not surprising that this city can attract a workforce and intelligent minds, including ethnic minorities from around the world. Even though ethnic minorities might possess different lifestyles, languages, cultures or origins from the majority [9], their existence and contribution could be beneficial to our everyday life.
    [Show full text]
  • ADRIAN GRIFFITHS Director KEY PROJECTS
    ADRIAN GRIFFITHS Urban design specialist, Adrian Griffiths, is recognised BA (Hons) Dip Arch RIBA MA Urban internationally for his expertise in the blending of Design FRSA architecture and city planning. Director With over 25 years international experience, Adrian’s authority is recognised by various industry bodies and in particular by the BCSC as a member of the Awards jury and the Royal Society of Artists. He speaks at leading conferences promoting the benefits of urban renewal and mixed-use developments as key drivers of city and town centre economic regeneration. Within the practice, Adrian directs the concept design team for projects in the UK. KEY PROJECTS Brent Cross, London, UK - The comprehensive re- Royal Exchange, Belfast, UK - A mixed-use retail- masterplanning of this first UK out-of-town shopping led development of 60,000m² that continues Belfast’s centre to provide in excess of 1 million sq ft of new mixed resurrection. The masterplan repairs the historic quarter of use space. The uses include for retail, restaurants, leisure, the city, embracing many of its historic and listed buildings. residential, hotels and community uses. A key element of the masterplan is to seamlessly link Brent Cross with Trinity, Leeds, UK - The comprehensive redevelopment of a Cricklewood via a new living bridge that passes over the key retail quarter of Leeds city centre. The scheme provides North Circular. a major new public space with Holy Trinity Church at its heart and is masterplanned over three levels. The new space Cribbs Quarter, Bristol, UK – A mixed-use masterplan and the series of connecting external streets are covered by proposal to extend the existing Mall at Cribbs Causeway a loose-fit, lightweight glass roof.
    [Show full text]
  • Investment for Sale
    INVESTMENT FOR SALE 228 High Street, Exeter, EX4 3LR Investment Summary • Exeter is a Cathedral City with a population of 129,800 and a primary catchment of circa 508,000. • The city has an affluent catchment and ranks 31st out of the 200 PROMIS centres in terms of the volume of comparison retail spend available in the catchment area. • Exeter University is a member of the Russell Group with a student population of over 28,000. • Prime position at the junction of the High Street and Gandy Street. • Opposite House of Fraser and midway between the Princesshay and Guildhall Shopping Centres. • Multiple retailers nearby include Marks and Spencer, Lakeland, Urban Outfitters, Tesco Metro, Mountain Warehouse, White Stuff, Burton, Ernest Jones and Vision Express. • Both Zizzi and Bills have restaurants in Gandy Street. • Let to the Co-operative Bank by way of an FRI lease expiring on 24 March 2019. Passing rent of £188,500 per annum exc. • The tenants are not in occupation and there is strong potential for redevelopment of the upper floors for residential use and creating an infill on the second floor, subject to planning. • Freehold. • We are seeking offers in excess of £2.05 million. A purchase at this level will reflect a net initial yield of 8.5% after allowance for purchase costs of 6.29%. 228 High Street, Exeter, EX4 3LR Location The Cathedral City of Exeter has a population of 129,800 and a primary catchment population of circa 508,000. It is the regional and administrative centre for Devon. The City benefits from good communications being served by Junctions, 29, 30 and 31 of the M5 motorway.
    [Show full text]