Stane Retail Park
Tollgate Retail, Colchester
173,000ft² of retail space over 11 units, including external works and highways improvements to expand a thriving shopping village.
| Our Services: | Fund Monitoring |
| Client: | Close Brothers Property Finance |
| Contract Value: | £27.3m |
| Contract Period: | 1 year 1 month |
| Contract Type: | JCT Design & Build 2016 |
| Awards: | BREEAM ‘Very Good’
RICS Awards 2022; Regional winner & National shortlist for Commercial Development |
As part of the Queen’s Platinum Jubilee celebrations, Colchester became one of the UK’s newest cities.
Tollgate Village includes office, leisure and shopping facilities. The addition of the new Stane Retail Park has attracted large superstores such as B&Q, M&S, Aldi, Mountain Warehouse, Furniture Village and Greggs whilst also housing Cook’s flagship store.
Sustainability had been one of the core objectives for the Developer; demonstrated by achieving BREEAM “Very Good” and recognised by the industry by winning the East of England RICS Awards, with National shortlisting.
TESTIMONIAL
“The complexities around the loan structure at Stane Park required an enhanced level of pre-commencement due diligence. This was completed with a high degree of efficiency and professionalism, which ensured the transaction ran smoothly from start to finish.” Lee Daniel, Close Brothers Property Finance
CONTACT
For more information on this scheme, or to discuss working with us, please contact Paul Denny (Director).