Ashford Borough Council acquired the Park Mall Shopping Centre in 2015 as part of its strategic growth plans for Ashford town centre. Cradick Retail provided advice to assist with the acquistion and has been retained with a leasing remit for the short to medium term. The firm is also part of the team considering the comprehensive longer term development potential.
Woolwich - Wellington Street
The Island site on Wellington Street, Woolwich, has been in the long term ownership of our client, Powis Street Estates. Originally acquired, with predominantly vacant possession, from the University of Greenwich the site is a former campus extending to circa three acres with 250,000 sq ft of buildings. Whilst working on plans for a major mixed use scheme, Cradick Retail is operating the site with retail units and a business centre. All the tenancies incorporate landlord's breaks, creating an income producing vehicle for the client whilst unlocking the inherent development value.