Footfall - 18 million per year Average dwell time - 82 minutes Average spend - £72 Average visitor frequency - 4.3 times per month
The property is arranged over ground floor and mezzanine.
The property is located in a central position on the Lower Mall. The adjacent tenants are Zara and Mango with numerous other aspirational retailers in the vicinity including Karen Millen, Timberland, Thomas Sabo and H&M.
Highcross opened to the public in September 2008, combining an extensive refurbishment of the former Shires shopping centre, together with a 61,000 sq m mixed-use extension. Highcross is anchored by John Lewis and Debenhams department stores and a Showcase Cinema de Lux. Key Facts: • 3,000 parking spaces • Opened 2008 • 106,000 sq m net internal area
John Lewis, Debenhams, House of Fraser, Showcase Cinema de Lux
Number of Retail Units
Anchors - John Lewis, Debenhams, Showcase Cinema de Lux Major Stores - Next, Zara, Apple, Reiss, Superdry, H&M, New Look , Topshop, Hugo Boss Restaurants - Wagamama, Handmade Burger Co., YO! Sushi, Nando’s, Carluccio’s, Zizzi’s, Byron, Bill’s, TGI Fridays, Chimichanga
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Hammerson/ M&G Real Estate
The passing rent is £165,000 per annum exclusive of rates, service charge and VAT (if applicable).
Rateable Value - £144,000 UBR 51.3 Rates Payable £73,872 Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.
The property is held on a lease expiring 17th August 2025. The lease in contracted outside the Landlord & Tenant Act.
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Strictly by appointment.