In less than six month’s time, the doors will be opening to Stratford-upon-Avon’s most exciting new retail and leisure destination.
Attracting significant inward investment into the town centre, Bell Court is currently undergoing a £30 million transformation that will deliver 70,000 sq ft of retail and leisure space, as well as a new landscaped public courtyard and improvements to the wider public realm.
The eagerly anticipated development will be anchored by a 12,000 sq ft, four screen Everyman cinema, and has already attracted big names including All Bar One, Miller & Carter and Byron; all of which will be opening in Stratford for the first time. Debenhams, Lush and H&M are also located within the scheme.
John Stacey, Asset Management Director at UK & European Investments, said: “We’re currently in detailed conversations with numerous other potential occupiers, many of which have been looking to invest in Stratford for a number of years but have been waiting for the right opportunity to come along. Bell Court offers the perfect place for them to invest, with refurbished units, newly landscaped public space and a prime position located in the heart of Stratford.”
Boasting an annual footfall of 6.3 million, Stratford-upon-Avon continues to be a popular destination both for residents and tourists. As such, the town is becoming increasingly popular for London-based retailers who are looking to open units in the Midlands.
John continued: “More than 60% of Stratford’s catchment are ABC1s, which is much higher than the national average, thus giving occupiers confidence to invest in the town.
“What’s more, when we did our initial research into the viability of the scheme, it became clear that there is currently a real lack of evening entertainment for residents, with many people leaving the town to visit the cinema or go for drinks with friends. Bell Court, with its range of both daytime and night-time occupiers, will give people the chance to enjoy Stratford to its full potential.”
The fit out of the new cinema at Bell Court will begin shortly, with the scheme due to open early summer.
UK & European Investments, acting as investment manager, owns the lease to Bell Court; two thirds of which is owned by Stratford District Council and one third by Stratford Town Trust. UK & European is a Pan-European value-add real estate fund. The business invests and develops across all real estate sectors (commercial and residential), currently investing in 11 different countries.
Any businesses interested in the remaining units at Bell Court should contact Nashbond on 020 7290 4563 or Time Retail Partners on 020 7408 0900 for further information. More details about the scheme can be found at bellcourtstratford.co.uk.