St Modwen sells Wellingborough retail park
Published: 22 December, 2016
Wellingborough retail park sold to Central England Co-Operative.
Situated on London Road, immediately opposite Castlefields retail park, the 3.5-acre former brownfield site had been vacant for some time before St Modwen’s Northern Home Counties region acquired it in October 2013. Permission was granted in April 2014 for a 35,000-sq ft development to include a discount foodstore, drive-thru restaurant and four retail units. Construction was completed in November 2015 with all units let or sold on a long lease. Tenants include Lidl, McDonalds, Starbucks, Subway and HSL Chairs.
Rupert Wood, Director for St Modwen’s Northern Home Counties regional office said: “We identified the site as having excellent development potential in a growth area in the heart of our region and are delighted we have successfully been able deliver the retail park and create a thriving retail destination for Wellingborough.”
Prop-Search and JLL represented St Modwen in the sale of Wellingborough retail park.