Centrale Shopping Centre

 
4Prop Research
Dec 31, 2009 eye icon198

Croydon (13th largest UK shopping population), hosts an estimated 18,000 businesses. and excluding Central London it provides the biggest commercial and retail centre in the SouthEast.Croydon`s unique transport links are more comprehensive than many UK cities, it is strategically pivotal for access to and from London and all major regional locations (via Tram link, Rail, Road and Air). The new Tram Link station delivers people directly into the Lower Mall of Centrale, creating extra foot flow every 3 minutes.Situated in the heart of Croydon, Centrale is re-establishing the town as the South Easts premier high street retail location outside the West End of London, with retailers including Next, Zara, H&M, Body Shop, Jane Norman, Miss Selfridge and French Connection. The scheme (800,000 sqft) is anchored by House of Fraser (185,000 sqft) and Debenhams (215,000 sqft), and has 950 parking spaces.Centrale has an outstanding catchment population of nearly 1.5 million people, of which 44.6% are 15– 44 years old with an approximate spend of £2.15 billion. There is a strong middle and upper middle market demand. ABC representation in the catchment (67%) is also significantly higher than both South East and National averages (59% and 51%).In 2010, it now has a new 160,000 sq ft House of Fraser department store and a refurbished 215,000 sq ft Debenhams,a 50,000 sq ft Next, 21,000 sq ft Zara, French Connection, Zavvi and Aldo, L K Bennett, JOY and Body Shop.Mar 2011: Hammerson purchased as part of a portfolio of £208 million from St Martins Property Corporation on behalf of Kuwait.