Property & Construction

Woking: Ropemaker puts shopping centre on market for £17.4m

Published by
TBM Team
Ropemaker Properties has put Goldsworth Park Shopping Centre in Woking up for sale with a guide price of around £17.4 million.

The company, the property holding of the BP Pension Fund, has instructed TPF Retail to market the freehold interest of the scheme, which is anchored by a 31,000 sq ft Waitrose Store.

Located on Denton Way the property is less than two miles away from Woking town centre with easy access to the M25 within a wealthy catchment.

There are eight shops in total including Boots, McColl’s and Costa which provide over 87% of the £931,950 annual rental income, all on a 5.3 acre site.

Gerard Finn, partner of TPF Retail LLP, said: “Opportunities to purchase a dominant Waitrose store with strong supporting retailers are rare. Good interested is expected.”

Source: CoStar

TBM Team

Recent Posts

Nominations deadline extended for the Thames Valley Tech & Innovation Awards 2024

As interest in the awards remains high, we’ve decided to extend the time left to…

2 days ago

Podcast: the key role of the property industry in driving sustainable change

Welcome to the third episode of The Business Magazine Property Podcast, in partnership with MSP…

2 days ago

Gamma Aviation partners with Australian drone technology company

Farnborough-based Gama Aviation has announced a tie up with Australian outfit Department 13 to mitigate…

2 days ago

Heathrow reports record breaking passenger numbers

Heathrow Airport has reported record-breaking passenger numbers for the first quarter of 2024, A total…

2 days ago

Biopharma firm ANGLE signs supplier deal with AstraZeneca

Liquid biopsy company ANGLE has signed a supplier agreement with AstraZeneca. The Guildford firm has…

2 days ago

Blandy & Blandy appoints new partner to dispute resolution team

Thames Valley law firm Blandy & Blandy, which has offices in Reading, Henley-on-Thames and Wokingham,…

2 days ago