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Revitalising places and property
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In January 2015, Vixcroft acquired the Weston-super-Mare Unit Trust, a JPUT which ownsThe Sovereign Centre, a 118,000 sq ft enclosed Centre supported by car parking for 876 vehicles. The Centre comprises the principal shopping destination for Weston-super-Mare. It was originally opened in 1992.
Since purchase, Vixcroft has;
The new lettings and lease regearings completed by Vixcroft have improved footfall and performance because, despite its high environmental quality and tourist attractions, Weston-super-Mare lacks quality restaurant provision. By redressing this shortcoming, and by enhancing the public spaces adjoining the Centre, Vixcroft will cement The Sovereign Centre’s position at the heart of this increasingly prosperous town.
Vixcroft acquired the Nicholsons Centre in March 2015. The centre stands on the site of the Nicholsons Brewery, which closed in 1960. The Centre comprises 200,000 sq ft and was developed in phases between then and 1995 and is anchored by a 792 space car park .It comprises the most important retail element in Maidenhead.
In January 2015, Vixcroft acquired the Weston-super-Mare Unit Trust, a JPUT which owns The Sovereign Centre, a 118,000 sq ft, enclosed Centre supported by car parking for 876 vehicles. The Centre comprises the principal shopping destination for Weston-super-Mare. It was originally opened in 1992.
Rivatalisation of Tenant Mix helps increase footfall in Burton
In May 2014, Vixcroft acquired the Octagon, a centre of 13,550 m² (145,846 square feet) originally constructed in 1990 and occupying a site of 4.412 hectares (10.9 acres), incorporating 770 surface parks spaces, anchored by Asda (55,000 square feet) and TK Maxx (24,000 square feet). The mall comprises 40 unit shops and connects the car park to New Street and the town’s other Centre, Coopers Square. Annual footfall at purchase was 4.5 million and has now increased to 4.9 million.