Cushman & Wakefield

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  • Stuart Lunn

    • T: 020 7152 5765 (Direct)
    • T: 0777 151 368 (Mobile)
  • Adam Lazenbury

    • T: 0207 152 5007 (Office)

One Stop Shopping Centre & Retail Park

Birmingham, West Midlands, B42 1AA

Photo 1 - 12.01.17

Scheme Size

382,965 sq ft / 35,579 sq m

Parking

1,200

Region

Midlands

Number of Retail Units

52 including a market

Ownership

Sovereign Centros

Use Class

A1 Open

Description

One Stop Shopping is a well established hybrid retail park and shopping centre serving the north side of Birmingham. Its strength comes from the overall critical mass of the retail offer (65 retail and food and beverage units totalling 376,663 sq ft) set amongst 1,200 free car parking spaces.

The offer blends a major Asda supermarket with regular family shopping (including Boots, New Look, Peacocks, Wilko, Home Bargains, and Poundland) an element of factory shopping offer (Nike, M&S Outlook, Clarks and Footlocker) alongside a market and everyday catering.

Sovereign Centros purchased the centre in December 2016, and the prospect is the new owners will invest in modernisation and refurbishment to bring a freshness to the centre alongside appropriate tenant mix changes to include additional family focused retailers and an improvement in the catering offer. Further details available on request.

The centre is well managed and has a reputation for being trouble free and fully integrated into its local catchment with a focus on supporting community events and engagement.

Location

One Stop is located 4.5 miles directly north of Birmingham City Centre adjacent to the A34 arterial route, and is easily accessible from junctions 5,6, and 7 of the M6 as well as from the Birmingham inner ring road. One Stop has an integrated bus and rail interchange and it is understood that the local authority would like to invest in refurbishing the interchange during 2018/19 subject to confirmation of funding.

Demographics

CACI Ltd conclude the centre has a venue score of 412 and place it within the top 6% of retail footprint centres nationwide and top 7% regionally. CACI conclude that with One Stop serving a total catchment of some 1.3 million people the opportunity is to take convenience and comparison spend at the centre to circa £272 million per annum The emphasis is on the overall opportunity for the centre to grow its family fashion and catering offer.