Savills' collaborative team approach combining our Retail Agency, Lease Advisory and Management expertise to provide The Crown Estate with comprehensive advice on proactive asset management initiatives since 2018.
- Over this period, we have been successful in upsizing M&S to deliver a sub-regionally significant store with upgraded glazed shop front and integrated Foodhall benefitting from a dedicated entrance.
- New brands have been introduced including lettings to Natuzzi, Greggs and Tim Hortons. The Greggs as a new build infill development. Tim Hortons involving a refresh of a former Frankie & Benny’s with the addition of a drive-thru lane.
- We have also protected core income by successfully regearing leases with B&Q, Boots and ScS, in the process increasing WAULT on the scheme.
- These initiatives helping to drive footfall for the benefit of retailers trading, and ensuring Aintree Shopping Park grows as a major retail destination; indicative of the success is dfs’ decision to undertake a major refit including the installation of a trading mezzanine.