MATALAN, BLETCHLEY - McMullen Re...•Option 1 – Matalan release 17,630 sq ft. 30 metre frontage...
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WATLING ST | MILTON KEYNES | MK1 1HS MATALAN, BLETCHLEY • NEW RETAIL UNIT AVAILABLE FROM MATALAN DOWNSIZE • 1,500 SQ FT POD UNITS AVAILABLE EXISTING PROPOSED
Transcript of MATALAN, BLETCHLEY - McMullen Re...•Option 1 – Matalan release 17,630 sq ft. 30 metre frontage...
WATLING ST | MILTON KEYNES | MK1 1HS
MATALAN, BLETCHLEY• NEW RETAIL UNIT AVAILABLE FROM MATALAN DOWNSIZE • 1,500 SQ FT POD UNITS AVAILABLE
EXISTING
PROPOSED
LocationBletchley is located approximately 2 miles south of Milton Keynes town centre and forms part of a larger conurbation of approximately 255,000 people. The area benefits from excellent communications, with Junction 14 of M1 motorway 5km (3 miles) to the west and easily accessible via the A4146 & A421.
The subject property occupies a prominent position on Watling Street, adjacent to a 72,000 sq ft Tesco superstore in the heart of the retail centre of Bletchley. Nearby schemes include Beacon Retail Park and Rushmere Retail Park and the new MK1 Shopping & Leisure Park and stadium. Other retailers of note include Ikea, B&Q, B&M and Asda.
DescriptionThe scheme extends to approximately 51,489 sq ft and is let in its entirety to Matalan.
Carpetright sub-let 8,456 sq ft.
PlanningOpen A1.
DemographicsPrimary Catchment - 753,000Estimated shopping population - 475,000.
Affluent population regarded as one the country’s best locations for growth (jobs and output) over the coming years. Population expected to grow by up to 22% over the next 15 years (source PROMIS).
ParkingThe car park is demised to Matalan and comprises 262 car spaces (1:197 sq ft).
MATALAN | WATLING STREET, BLETCHLEY, MILTON KEYNES, MK1 1HS
M1
14
A5130
A421
A5130
A509
A509
A422
A422
A422
A42
1
A421
A4146
A4146
A4146
A509
A509
A421
B4034
B4034
B4034
B4034
B4034
B4034
B526
A4146
A5(T)
A5(T)
A5(T)
A5(T)
NewportPagnell
Castlethorpe
CENTRALMILTONKEYNES
Whaddon
WOBURNSANDS
FENNYBOWBRICKHILL
BLETCHLEY
CENTRAL
Bletchley
NewtonLongville
Wavendon
North Crawley
SUBJECT PROPERTY
Beacon Retail Park
MK1 Shopping Park
SUBJECTPROPERTY
MATALAN | WATLING STREET, BLETCHLEY, MILTON KEYNES, MK1 1HS
Asset ManagementThe scheme offers numerous asset management opportunities, as follows;
• Comprehensive refurbishment of the existing retail facades.
• Car park to be resurfaced and relined.
Option 1 Option 2
• Option 1 – Matalan release 17,630 sq ft. 30 metre frontage and 224 parking bays.
• Option 2 – Matalan release 14,525 sq ft. 24 metre frontage and 216 parking bays.
• Option for 2 x 1,500 sq ft pod units in the car park (STP) with fully glazed 8 metre frontages.
ContactFor further information relating to this investment or to arrange an inspection, please contact:
Nick HoweEdgerley Simpson HoweTel: 020 7758 0444Email: [email protected]
Giles PickfordEdgerley Simpson HoweTel: 020 7758 0410Email: [email protected]
Mark CrookesMcMullen WilsonTel: 020 3058 0204Email: [email protected]
MISREPRESENTATION ACT. Edgerley Simpson Howe McMullen Wilson, for themselves and for the vendors of this property whose agent they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or a contract. 2. All statements contained in these particulars as to this property are made without responsibility on the part of Edgerley Simpson Howe McMullen Wilson or the vendors or lessors. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. The vendor does not make or give and neither Edgerley Simpson Howe McMullen Wilson nor any person in their employment has an authority to give any representation or warranty in relation to this property. April 2016. Designed and produced by Creativeworld Tel: 01282 858200.
MATALAN | WATLING STREET, BLETCHLEY, MILTON KEYNES, MK1 1HS
