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.

Westwood-Cross-Topshop
Westwood-Cross-TopshopWestwood CrossWestwood-Cross-NextWestwood-Cross

Property type: Retail Parks

Description

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.

 

Principal Occupiers

M&S, Debenhams, H&M, Next, Primark

Key Facts

Market value range

£100m - £200m

Ownership Interest

100%

Freehold / Leasehold

Freehold

Open A1 Planning consent?

Yes

Let by Income

99%

Annualised Net Rent

£8.8m

Year of construction

2005

Year of last refurbishment

2012 (e)

Floorspace

Retail Area

545,000 sq ft

Total Area

545,000 sq ft

Data as at 30 September 2012

Logo for Westwood Cross
Hermione Mackrill
Portfolio Manager
+44 (0) 20 7413 9000
This page took 2.2656 seconds to generate and - Total loading time was