Savills | Green Oaks Shopping Centre, Widnes | Properties for sale
95,545 sq ft(8,876.42 sq m)
Asking price £6,400,000

Green Oaks Shopping CentreWidnes

  • Under offer

Key features

  • Town Centre Dominant Shopping Centre
  • Supermarket-anchored

Town centre dominant, supermarket-anchored investment opportunity located in Widnes.

About this property

  • Green Oaks is the town’s only covered scheme, extending to 95,545sq ft (8,876 sq m) and comprising 18 retail units, 9 kiosks and a crèche. Anchored by TJ Hughes, who recently re-geared their lease, committing to the scheme for a further 10 years, and adjacent to an 81,000 sq ft (7,525 sq m) Morrisons supermarket (outside ownership).

Local information

  • Complementary to the Morrisons supermarket, Green Oaks Shopping Centre benefits from a strong community and convenience tenant line-up with other national multiple retailers including Halifax, EE, Argos, Vision Express, Pandora and Holland & Barrett.
  • The scheme benefits from adjacency to and part ownership of Widnes town centre’s principal car park, providing 1,100 free spaces.
  • Widnes is a thriving industrial town located in Cheshire on the northern bank of the River Mersey in the north-west of England.

Additional information

  • Strong income profile with a Weighted Averaged Unexpired Lease Term of 4.48 years.
  • Net passing rent of £1,022,650 per annum.
  • Estimated rental value of £1,161,183 per annum.