FINAL Appendices - Newark and Sherwood District Council

234 Pages·2010·6.13 MB·English

Newark and Sherwood Retail and
Town Centres Study
Newark and Sherwood District Council
Appendices

March 2010

www.gvagrimley.co.uk
APPENDICES
APPENDIX 1
COMPETING CENTRES
APPENDIX 1A
RETAILER REPRESENTATION
Competing Centres: Retailer Representation
Centre Shopping Centres Key Anchors Department Stores
Nottingham • Victoria Centre
• Broadmarsh Centre
• Trinity Square
• The Pod
• Lady Bay Retail Park
• Madford Retail Park John Lewis, House of Fraser, Debenhams,
John Lewis, House of Fraser, TK Maxx
• Chilwell Retail Park Marks & Spencer,
• Riverside Retail Park
• Castle Meadow Retail Park
• Castle Retail Park
• Victoria Retail Park
• The Square
Leicester • Highcross (formerly Shires)
• Haymarket Shopping Centre
• Hamilton District Centre John Lewis, Marks & Spencer, Debenhams, Sainsburys, House of Fraser, John Lewis, Fenwicks,
• St George’s Retail Park Asda Wal-Mart, Morrisons, Iceland, Primark Debenhams
• Fosse Shopping Park
• Beaumont Shopping Centre
Grantham

• Isaac Newton Shopping Centre
Marks & Spencer, Asda Wal-Mart, Co-op, Morrisons Marks & Spencer
• The George Shopping Centre
Centre Shopping Centres Key Anchors Department Stores
Mansfield • Four Seasons Centre
• Oak Tree Centre Bhs, Co-op, Debenhams, Marks & Spencer, Primark,
Debenhams, Marks & Spencer
• St Peter’s Retail Park Under Five Pounds, Iceland
• Portland Retail Park
Lincoln • Waterside Centre
• St Marks Shopping Centre
• Lindongate
• Valentine Retail Park Debenhams, Primark, New Look, Bhs, House of Fraser,
Debenhams
• Carlton Centre Co-op, Iceland, Somerfield
• St Mark’s Shopping Park
• Tritton Road Retail Park
• Birchwood Shopping Centre
Worksop • Priory Shopping Centre
• Netherholme Shopping Centre New Look, Iceland, Marks & Spencer Simply Food None
• Sandy Lane Retail Park
Sleaford
• None Aldi, Boyes Stores, Iceland, Primark, Sainsburys Boyes Stores
Newark • St Marks Place
Boyes Stores, Co-op, Marks & Spencer Marks & Spencer, Boyes Stores
• Northgate Retail Park
Source: Promis/EGI/Goad/GVA Grimley 2009
APPENDIX 1B
KEY INDICATORS
Competing Centres: Key Indicators

Table 1: Javelin Rank Table 2: Retail Floorspace

Centre Rank (2009) Change in Rank position Centre sqm gross
2008
Nottingham 7 ↓ (6) Nottingham 407,454
Lincoln 31 ↓ (30) Lincoln 169,808
Mansfield 143 ↓ (126) Grantham 107,990
Grantham 177 ↓ (160) Mansfield 94,074
Newark 181 ↓ (180) Newark 77,537
Sleaford n/a n/a Retford 55,240
Retford n/a n/a Sleaford 37,719
Source: Venue Score/Javelin 2009 Source: Goad Category Reports 2009

Table 3: Comparison Goods Trade Draw % Table 4: Comparison Goods Trade Draw £m

Centre % Centre £m

Lincoln 31.97 Lincoln 273,410
Newark 14.25 Newark 121,860
Nottingham 13.03 Nottingham 111,451
Mansfield 7.33 Mansfield 62,681
Grantham 4.86 Grantham 41,528
Sleaford 3.13 Sleaford 26,789
Retford 0.94 Retford 8,058
Source: GVA Grimley Modelling Source: GVA Grimley Modelling
Competing Centres: Key Indicators

Table 5: Comparison of Prime Retail Yields (% Change) Table 6: Comparison of Prime Retail Rents (£ per sqm)

% %
Centre July 05 July 08 Centre 2005 2009
Change Change

Nottingham 5 4 -20% Nottingham 2,475 2,583 4.4%
Lincoln 5.25 5.25 0% Lincoln 1,453 1,399 -3.7%
Mansfield 7 6.5 -7% Mansfield 1,237 1,237 0%
Newark 5.25 7 33% Newark 699 753 7.7%
Grantham 7 7 0% Grantham 699 592 -15.4%
Sleaford 7.75 7.75 0% Retford 538 592 10%
Retford 9 8 -11% Sleaford - - -
Source: Valuation Office Agency – Property Market Report 2009 Source: Colliers In Town Retail Rents 2009

Table 7: Retailer Demand January 2009 Table 8: Distance from Newark

Miles (Approx.) Kilometres
Centre No. of Requirements Centre (Approx.)

Nottingham 125 Newark - -
Lincoln 44 Grantham 16 25
Grantham 23 Lincoln 18 29
Mansfield 23 Mansfield 20 32
Newark 20 Sleaford 20 32
Sleaford 7 Nottingham 20 32
Retford 1 Retford 21 33
Source: Focus (January 2009) Source: GVA Grimley 2009
APPENDIX 1C
PIPELINE SCHEMES