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 M&S.

Westwood-Cross-Topshop

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 414,000 sq ft site. Major tenants include Debenhams, Next and M&S.

 


Key Facts

Market value range

£100m - £200m

Ownership Interest

100%

Freehold / Leasehold

Freehold

Open A1 Planning consent?

Yes

Annualised Net Rent

7.1m

Year of construction

2005

Year of last refurbishment

2013

Floorspace

Retail Area

413,390 sq ft

Total Area

413,390 sq ft

Data as at 30 Sept 2016

Andrew Russell
Portfolio Director
020 7747 2395
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