Unit 73

Guildford, GU1 4YT

Unit 73

Demographics

Demographics

Highly affluent suburbs in primary and secondary trade area, with a weighted potential spend of £1.2 billion. The second most credit crunch resistant centre in the UK (CACI 2011). 84.9% of the catchment come from the most affluent ACORN groups of Wealthy Achievers, Urban Prosperity and Comfortably off. The centre significantly over indexes against UK average for Most Affluent Acorn Shopper of Wealthy Executives with over three times as many as the the UK average. Total weighted expenditure £1,202. Household incomes are 29% higher than the UK average, and 14% higher than those in the South East. A strong footfall of 8.1%, compared to a national decline of 1.4%. Annual footfall of 9.0m

Annual Footfall

9000000

Details

Ownership

M&G Real Estate

Number of Retail Units

56

Anchor Tenants

Zara, Primark, Urban Outfitters, Topshop and Oliver Bonus

Description

£40 million has been invested to reposition and refurbish the Friary Shopping Centre, to create a large modern retail space of 56 shops on 3 levels, within a quality shopping environment, including a new aspirational fashion mix, with five new MSU operators. The centre redevelopment also features a vibrant 500 seat 'Eat Central' Food Court with 10 restaurant units. The Centre is located next to the Bedford Road car park. With 1,000 spaces it is the principal parking destination in the town and offers direct access into the centre.

Location

Guildford is located in the heart of Surrey, less than 50 km from London. The centre benefits from excellent transport links with two rail stations within close proximity and direct road links from Leatherhead, Horsham, Woking and the M25 via the A3.

Financial

Service Charge

£4,495

Use Class

A1

Travel

Parking Spaces

1000