Vale-Retail Non Shopping Centre Assets
 

The Team The Schemes Non Shopping Centre Assets Partners Working with Vale Retail Contact

In addition to its interests in shopping centres, Vale Retail works with its partners to identify individual investment and development opportunities. For example;

8/10 Upper Parliament Street, Nottingham – let to Burger King's parent company, the unit offers the opportunity for significant rental growth due to its position between prime zone A at Clumber Street and the proposed new Trinity Square Development.

The rent review clause sets a minimum rent relative to Zone As on Clumber Street affording a further opportunity for under-pinning rental growth.

12/16 Lower Parliament Street, Nottingham , Lloyds Bank, close to Clumber Street, the property benefits from significant pedestrian flow and grade A tenants.

The lease has just been regeared and Lloyds bank has taken a new 15 year institutional lease at a new rent.

17/19 Denmark Street, Wokingham - A block of three shops in the heart of this prosperous Thames Valley town, sitting between prime pitch and a proposed new local authority sponsored development to the rear.

Two of the leases have been regeared at higher rents and planning has been secured (for a scheme of 11 one bedroom flats) on the vacant upper floors.

1 Market Place, Wallingford – purchased from private vendors, the shop lease has been regeared with Julian Graves at a higher rent and recently sold at auction. Planning consent is being sought for 3, three bedroom cottages to the rear of the site.

2 High Street, Shepton Mallet – A ground floor lock up shop purchased jointly with Structadene, presently being refurbished to provide the largest retail unit in the centre of this Somerset market town.

125 Great Titchfield Street – A joint purchase with Structadene of a ground and basement bar and restaurant, presently available to let.