Clayton Square

RivingtonHark are retained by Redical to assist them on their UK strategy. Targeting Institutional quality retail assets, Clayton Square was acquired in September 2021 as the Fund's first purchase.

Within 12 months we have achieved 100% occupancy and are well advanced on income stabilisation. We have also let previously voided space to leisure users

Purchased in 2021 for £20M the 170,000 sq ft scheme  is a dominant High Street location within Liverpool City Centre. It sits  between the Cities two railway stations, main bus station and central multi storey car park.  Flannels new 120,000 sq ft flagship department store opened this year opposite and rivals Harvey Nichols for quality.

Key occupiers include Boots largest single store flagship in the UK, Tesco, Vision Express, Lane 7, McDonalds and EE.

RivingtonHark know the asset well, having originally transformed it in 2014-15 from a failed 2 level shopping centre into the prime High Street asset it now is.  Sold back then to funds managed by Rockspring, we were able to buy it back for Redical.

Project Details

Services provided
Asset Management | Strategic Advisor

Client:
Redical

Appointed:
2021

Mix of Uses

Retail

Retail

Gym

Parking

F&B

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