Turnstone adds to Colchester pre-lets
Published: 07 February, 2017
Turnstone secures further leisure pre-lets at Northern Gateway Colchester
Turnstone Estates has agreed three further pre-lets at its Northern Gateway leisure site in Colchester. Turnstone has a long lease agreement with Colchester Borough Council for development of the 18-acre site which will be anchored by a 12 screen cinema with Superscreen and 4DX, operated by Cineworld.
The emerging tenant line-up is now joined by Travelodge which will take a 25- year lease on a proposed 80-bedroom hotel. Smashburger, following successful openings in Milton Keynes, Brighton and Newcastle, has continued its UK roll out of specialist burger restaurants by taking a 25-year lease on a 4,015-sq ft unit. And Lethington Leisure has agreed a 20-year lease on a ground floor leisure unit of about 14,500 sq ft for its Paradise Island Adventure Golf centre.
A decision on a full planning application is anticipated within the next two months. Construction is expected to commence in mid-2017 with opening scheduled for late 2019. Turnstone is advised by Whybrow and Wareing & Partners. Carter Jonas advised Travelodge.