Westwood Cross, Thanet
Westwood Cross is a hybrid retail park / shopping centre development which opened in June 2005 and sits in the heart of Thanet's three core towns: Margate, Ramsgate and Broadstairs. It has 49 retail and leisure units including a multiplex cinema, a hotel and restaurants and is anchored by Next, Debenhams, TK Maxx and Marks & Spencer with a new Primark set to open in the near future.
Property type: Retail Parks
Westwood Cross is the new Town Centre for the Thanet region providing a wide variety of retail units on this 475,000 sq ft site. Major tenants include Debenhams, Next and Marks & Spencer.
M&S, Debenhams, H&M, Next, Primark
Market value range£100m - £200m
Freehold / LeaseholdFreehold
Open A1 Planning consent?Yes
Let by Income99%
Annualised Net Rent£8.8m
Year of construction2005
Year of last refurbishment2012 (e)
Retail Area545,000 sq ft
Total Area545,000 sq ft
Data as at 30 September 2012