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.
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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 - £200mOwnership Interest
100%Freehold / Leasehold
FreeholdOpen A1 Planning consent?
YesLet by Income
99%Annualised Net Rent
£8.8mYear of construction
2005Year of last refurbishment
2012 (e)Floorspace
Retail Area
545,000 sq ftTotal Area
545,000 sq ftData as at 30 September 2012
Portfolio Manager
+44 (0) 20 7413 9000









