Cockhedge Shopping Centre, 17 Cockhedge Way, Warrington, WA1 2QQ
Arpenteur is supporting the vendors and funders, Fairfield Real Estate Finance, execute a short to medium term exit strategy.
The Property comprises a shopping centre, which for the main part is covered, arranged over ground floor only. The scheme is anchored by ASDA, Argos, B&M Bargains and Gala. In total there are circa 32 retail units.
Even with the uncertain times in the retail sector the tenant mix and occupancy levels have been positive. In order, to bring forward a comprehensive development of the land adjacent to Scotland Road, closest to the Town Centre, an element of the shopping centre needs demolishing. Then to ensure best value is obtained from the development it is proposed a partner is secured. The development will create a residential-led mixed use development including a hotel and ancillary ground floor retail space.