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Cleveland Retail Park, Middlesbrough

Cleveland Retail Park provides 24,000 sq m of part open A1 retail warehousing and 825 parking spaces.

B&Q is the main anchor tenant, occupying a 9,530 sq m unit. A reconfiguration of the central terrace was concluded in August 2009 providing six modern units benefiting from an open A1 planning consent, these have been let to tenants including Peacocks, Boots, Arcadia, Pets at Home, Brantano and Next. Recent lettings have introduced M&S Simply Food, Discount UK, Costa Coffee, Carphone Warehouse and Frankie & Benny’s to the scheme.

 

 

Key Facts

  • 01. ownership
    100%
    Hammerson
  • 02. Acquired
    2002
  • 03. Extended
    2006
  • 04. Unexpired Lease Term To Expiry
    8 years
  • 05. Occupancy Rate %
    99.6
  • 06. Rents Passing p.a. (£m)
    4.6
  • 07. Property net internal area m²
    27,800
  • 08. Number of tenants
    19
  • 09. Average rents passing per m²
    165
  • 10. Key Tenants
Tom Webster

Key Contact

Tom Webster

Asset Manager


tom.webster@hammerson.com