BASILDON SOUTH EAST Shaping the future with new investment

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BASILDON SOUTH EAST Shaping the future with new investment
BASILDON
                                     SOUTH EAST
                                      Shaping the future
                                     with new investment

CGi for illustrative purposes only
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon
TOWN CENTRE REDEVELOPMENT
Basildon, an original new town, is undergoing a renaissance. A new
cinema, market, college, green links, restaurants, housing, economic
expansion and new employment.
And at its retailing heart, a newly energised Eastgate Shopping Centre.                                                                               LEISURE QUARTER
                                                                                                                                                       IN EAST SQUARE
                                                                                                                                              Cinema chain Empire plan to open a 10 screen
                                                                                                                                                 cinema in Spring 2021, along with six new
                                                                                                                                              restaurants as part of a council redevelopment

                                                                              P                              P
                                                                             1,300                           310                                          P
                                                                                                                                                          302

        MARKET &                                                                                                                                                 P

                                                                                                                                                                        PETROL
     NEW PUBLIC REALM

                                                                                                                                                                         ASDA
                                                                                                                                                                1,000

                                                                                                 METROB
New state of the art market opened Summer

                                                                                                       ANK
  2018 with 46 kiosks and 48 pop up stalls
                                                     ASHLEY
                                                     LAURA

                                                    P

                                                                                                                             NEW LOOK
                                                                                                                   TOPSHOP
                                                    429

                                                                                                                                        P         SOUTHERNHAY
                                                              SOUT                                                                      700
                                                                   HERNHAY

                                                               BASILDON

          NEW COLLEGE CAMPUS                                       STATION SQUARE
       A brand new campus for South Essex College
         will be constructed on the former market                 New transport hub and public
                                                                        realm investment                                                                           11.78m shoppers visit the
         location accommodating 2,000 students.                                                                                                                 750,000 sq ft centre every year
                 Registration from Sep 2020
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon

East Square’s new ten-screen cinema and restaurants
will project movie magic and raise the curtain on a night
time economy directly opposite Eastgate's main entrance
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon

Buoyant Housing                                                              Dunton Hills is earmarked to be one
                                                                             of England's first 14 garden villages
Development                                                                  with 2,500 new homes, backed by the
                                                                             government. Consultation is ongoing
Pipeline
    Over 3,000 new homes planned

    Total population set to rise by
    4.3% to 995,360 in 2022*

    Excellent rail links to the
    Square Mile and Canary Wharf
    ensure Basildon attracts
    increasing numbers of City
    commuters searching for
    house price growth, good
    schools and space

                                      Redrow's development of up to 725              Re-development of over 800
                                      new homes at Westley Green, is under           luxury flats in town centre
*Source CACI
                                      construction                                   completed in 2017
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon

   Basildon                             Wake up and smell the coffee
   For Business                         Costa chose Basildon to locate Europe’s biggest roastery. The £38m site
                                        on the edge of the town was selected because of its proximity to Tilbury
   High-speed train links to the        Docks which imports coffee from all over the world

   capital, plus excellent road
   connectivity, makes Basildon an
   attractive choice for companies
   and commuters. The borough
   can claim the largest and fastest-
   growing economy in Essex and
   the second largest in the Thames
   Gateway area.

4,500 people                                                          Research and development hub
on workforce                                                          Basildon is home to Ford’s global technical centre which employs more than
                                                                      4,000 engineers on the site at Dunton. Defence sector giant Leonardo has its
Basildon and Thurrock University
                                                                      headquarters in the town, employing more than 700 people
Hospital Trust employed 4,500 staff
in 2017/18
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon

  Location and Catchment

                                               EPPING
                                                        M11
                                                                        A414
                                                                                                                 CHELMSFORD

                                                                                                                                                                                       £211.7m
                                                                                                                                                                                            Comparison Goods
                           M25
                                                                                              A12                             A130    South Woodham Ferrers
                                                                                                                                                                                             Market Potential
                     A10
                                                                                                    Billericay

                                                                                                                                                                                      954,277
                                                                        M25     BRENTWOOD
                                                                                                                        Wickford
                                                                                                                                                      Hockley
                                                                                        Ingrave                                            Rayleigh
                                                                                                                                                                  Rochford
                                                                                           A127

              A503                      A406                  ROMFORD
                           A12                                                                         BASILDON
CENTRAL
                                                                                                                                                           SOUTHEND ON SEA
                                                                                                                                                                                             Total Catchment
LONDON                                     BARKING                                                        A13
                                                                                                                                 Canvey Island
                                                                                                                 Carringham
       Fenchurch
         Steet
                                                                                  intu Lakeside     Linford                              Catchment Population
                                 A102
                                                                                      GRAYS
                                                                                                                                        214,726 - Core (Primary + Secondary)                        33 minutes to
A214                                                                DARTFORD
                                                                                                                                        140,601 - Tertiary                                          Central London
                                                                                                                                        598,950 - Quaternary
                                                  A20

                                                                                                                                                                Catchment      Population     Comparison Goods      Market Share (%)
        Basildon attains a strong                                              Total Catchment of almost                                                                                    Market Potential (£m)
        market share of 9.7%                                                   1 million people, helps                                                          Core           214,726                 £159.5               33.3%
        across its Total Catchment,                                            drive a footfall of 11.95m                                                       Tertiary       140,601                   £31.8               9.5%
        increasing to 33.3% in the                                             customers into Eastgate
                                                                                                                                                                Quaternary     598,950                  £20.4                 1.5%
        Core Catchment                                                         on a yearly basis
                                                                                                                                                                Total          954,277                  £211.7               9.7%

All above: source CACI 2018
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon

The Basildon Customer                                                                                                                                  Eastgate Shopping Centre ranks 47th* in The
Shoppers at Eastgate visit 74 times per year on average,                                                                                               Definitive Guide to Shopping Centres 2017
17% more often than comparable centres.* Visitors spend                                                                                                *Source Trevor Woods Associates

over an hour in the centre converting more than three
quarters of the time, spending nearly £50 in the process.                                                                                         Basildon’s residential development pipeline has the potential to
*Source CACI                                                                                                                                      significantly increase comparison goods spend.
                                                                                                                                                  £250.0                                                   £236.6        £234.0                   1.00

                                                               middle income
                                                                                                                                                                                            £228.9

                                                                                                         Comparison Goods Market Potential (£m)
                                                                                                                                                               £211.7                                                                             0.90
                                                                                                                                                                             £201.6
                                                                                                                                                  £200.0                                                                                          0.80

                                                               family groups
                       Affluent                                                                                                                                                                                                          £182.0
                                                                                                                                                                                                                                                  0.70
                      Achievers

                                                                                                                                                                                                                                                         Acorn Correlation
                        14%               Comfortable                                                                                             £150.0                                                                                          0.60
                                                           The demographic of the catchment is clearly
                                          Communities        defined with a high proportion of middle                                                                                                                                             0.50
                                      %      30%
                            ri   ty 6                        income family groups. 50% of Eastgate’s                                              £100.0                                                                                          0.40
                       pe                                      visitors are classified as Comfortable
                   ros                                                                                                                                                                                                                            0.30
         in   gP                                           Communities, Rising Prosperity and Affluent
    Ri s                                                             Achievers in Acorn profiling.                                                 £50.0                                                                                          0.20

                                                                                                                                                                                                                                                  0.10

                                                                                                                                                    £0.0                                                                                          0.00
                                                                                                                                                               Basildon       Telford       Swindon       Romford    Southend-on-Sea Gloucester
                                                                                                                                                                            Comparison Goods Market Potential (£m)   Acorn Correlation

          74                                   75                                                                                                                         Mall-Dominated Town Centres

                                                                         84%
    annual shopper                             minutes                                                                                               Class Rank                         Centre Name                    Comparison Goods
  visits (1.4 per week)                       dwell time                                                                                                                                                             Market Potential (£m)
                                                                                                                                                           1                             Crawley                                 £316.7

     £50 77%
                                                                         shoppers rated the
                                                                          overall shopping
                                                                                                                                                           2                      Basingstoke                                   £303.4
                                                                             experience                                                                    3                            Basildon                               £211.7
                                                                         4 out of 5 or above
     approx spend                           conversion rate                                                                                                4                             Woking                                 £203.5
       each visit
                                                                                                                                                           5                              Telford                                £201.6
All above: source CACI 2018
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon
Debenhams, Primark
 and Asda anchor
    the centre

      Basildon's prime F&B
      destination with 15
      restaurants and cafés
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon
                  Strong fashion
                 line-up in prime
                    destination

 90
  shops
+ restaurants

                     1,700
                                    *

                  car parking
                    spaces
                * Centre and Asda
BASILDON SOUTH EAST Shaping the future with new investment
Eastgate | Basildon
New entrants

Recent lettings:
JD, Accessorize,
Pandora, Smiggle
and Muffin Break
HIGH FOOTFALL: Nearly 12 million have visited Eastgate
Basildon this year. The 750,000 sq ft centre equates to
54% of the town's retail space
Eastgate | Basildon

G                                                                EAST
                                                                SQUARE

                                                                                  30 sec
                                                                                   walk
                                                                                                                                                                               opening Spring 2021

                                                                                                                                                                           EAST WALK
                                                                                                                                                                                       RESTAURANTS

                                                                     EAST WALK

                                                   ENTRANCE
                                                                 2                                 8 / 10 / 12 / 14

                                                                     METROBANK

                                                                 7
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              1,000 SPACES
                                                                 F.HINDS
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             ASDA CAR PARK

                                                                UP TO
                                                                FOOD                  1
                                                                COURT

                                                                                               2                                                                                                                                                                                                                                         EA
                                                                                                                                                                                                                                                                                                                                           ST
                                                                                                                                                                                                                                                                                                                                              G
                                                                                                                                                                                                                                                                                                                                            PR ATE
                                                               FX CURRENCY                                                                                                                                                                                                                                                                    AC DE
                                                                                               WEST HAM                                                                                                                                                                                                                                         TIC NT
                                                                                                                                                                                                                                                                                                                                 BR                E AL
                                                                                                                                                                                                                                                                                                                                FO ITIS
                                                                                               3                                                                                                                                                                                                                                   UN H H
                                                                                               GAME                                                                                                                                                                                                                                   DA EA
                                                                                                                                                                                                                                                                                                                                         TIO RT    21
                                                                                                                                                                                                                                                                                                                              PR            N
                                                                                                                                                                                                                                                                                                                                 EM
                                                                                                                                                                                                                                                                                                                                    IER

                                                                                                                                                                                           HOLLAND & BARRETT
                                                                                               4
                                                                                                                                                                                                                                                                                                                                        WO      20

                                                                                                                                                                                                                                                                                      DEICHMANN SHOES
                                                                                               CARPHONE WAREHOUSE                                                                                                                                                                                                                          RK

                                                                                                                                                                                                                                                                  CARD FACTORY

                                                                                                                                                                                                                                                                                                                                                                CE
                                                                                                                                                                                                                                                                                                                                                   19
                                                                                               5
                                                                                               ERNEST JONES

                                                                                                                                                                                                                                                 ACCESSORIZE

                                                                                                                                                                                                                                                                                                                                                        AN
                                                                                                                                                                                                                                VODAFONE

                                                                                                                                                                                                                                                                                                                                               TR
                                                                                                                                                              ROMAN
                                                                                                                                 STARBUCKS

                                                                                                                                                                               EVANS
                                                                                                                                                PERFUME

                                                                                                                                                                                                                                                                                                                                             EN
                                                                                                                                                  SHOP
                                                                                                            6A

                                                                                                                                                                                                                                                                                                                                                                                                                                                       ENTRANCE
                                                                                                                                                6B        7                8              9                     10             11          11A                  12               13                                                                       83
                                                                                                                                                                                                                                                                                                         14 / 16 / 17                                          MA
                                                                                                                                                                                                                                                                                                                                                                 GI
                                                                                                                                                                                                                                                                                                                                                                      CS
Let                                                                                                                                                                                                               MUSCOVADO                                                                                                                    85
                                                                                                                                                                                                                                                                                                                                                                          CI
                                                                                                                                                                                                                                                                                                                                                                            SS
                                                                                                                                                                                                                                                                                                                                                                               OR
                                                                             76                                                                                                                                                                                                                                                                         PO                         S
                                                                                                                                                     32                                                                                                                                                  ESQUIRES                                          PP
                                                                                                                                                                      31               29 / 30                       28   26          25                       23 / 24                                                                                          IN
                                                                                                                                                                                                                                                                                                                                                                  S

Let (food units)

                                                                                                                                                           CLINTONS

                                                                                                                                                                                                                                                                                                                                    ES
                                                                                                    34                      33

                                                                                                                                                                                                                                SELECT
                                                                                                                                                                                                               PANDORA
                                                              THOMAS

                                                                                                                                             YOURS

                                                                                                                                                                                                                                                                                                                                              K
                                                                                                                                                                                                                                                                                                                                 AIR

                                                                                                                                                                                                                                                                                                                                               O
                                                               COOK

                                                                                                                                                                                                                                                                                                                                            CO
                                                                                                                                                                                                                                                                                                   22A

                                                                                                                                                                                                                                                                                                                              CL
                                                                                                             BUILD A BEAR

                                                                                                                                                                                                                                                                                                                                                                         ES
                                                                                                                                                                                                                                                                                                                                         AS
                                                                                 41                                                                                                                                                                                                                                     21A

                                                                                                                                                                                                                                                                                                                                                                       M
                                                                                                                                                                                                                                                                                                                                    OM

                                                                                                                                                                                                                                                                                                                                                                    JA

                                                                                                                                                                                                                                                                                                                                                                   CE
                                                                                                                                                                                                                                                                                                                                    TH

                                                                                                                                                                                                                                                                                                                                                                  N
                                                                                                                                                                                                                                                                                                                                2

                                                                                                                                                                                                                                                                                                                                                            OP AN
                                                                                                                                                                                                                                                                                                                                                               RE

                                                                                                                                                                                                                                                                                                                                                         SH AGR
                                                      THE BODY SHOP
Under offer

                                                                                                                                                                                                                                                                                                                                              AR
                                                                                           BASE

                                                                                                                                                                                                                                                                                                                                                            IE
                                                                                                                                                                                                                                                                                                                                         3

                                                                                                                                                                                                                                                                                                                                             W

                                                                                                                                                                                                                                                                                                                                                          R

                                                                                                                                                                                                                                                                                                                                                         AR
                                                                             40

                                                                                                                                                                                                                                                                                                                                                       EF
                                                                                                                                                                                                                                                                                                                22B

                                                                                                                                                                                                                                                                                                                                                       M
                                                                                                                                                                                                                                                                                                                                                   TH
                                                                                                                                                                                                                                                                                                                                                   4

                                                                                                                                                                                                                                                                                                                                                    NA

                                                                                                                                                                                                                                                                                                                                                 OW R
                                                          PRECIOUS

                                                                                                                                                                                                                                                                                                                                               GL ME
                                                                                                                                                                                                                                                                                                                                                                TIA
                                                                                                                                                                                                                                                                                                                                                           5

                                                                                                                                                                                                                                                                                                                                                  M
                                                          THOUGHTS

                                                                                                                                                                                                                                                                                                                                               SU
                                                                             39

To let

                                                                                                                                                                                                                                                                                                                                                                                             ON
                                                                                                                                                                                                                                                                                                                                                                      6

                                                                                                                                                                                                                                                                                                                                                                                                    INN
                                                                                                                                                                                                                                                                                                                                                                                        TIMPS
                                                MR        BASILDON

                                                                                                                                                                                                                                                                                                                                                                                                  HERBAL

                                                                                                                                                                                                                                                                                                                                                                                                                               TORE
                                              SIMMS         ARTS                                                                                                                                                                                                                                                                     20 / 21                                           7

                                                                                                                                                                                                                                                                                                                                                                                                           ANGELS
                                              38                     37                   35
                                                                                                 VAPE
                                                                                                                                                                                                                                                                                                                                                                                                  7A
                                                                                               AND JUICE

                                                                                                                                                                                                                                                                                                                                                                                                                          HOMES
                                                                                                                                                                                                                                                                                                                                                          19
                                                                                                                                                                                                                                                                                                                                                                               HOT                         7B
                                                                                                                                                                                                                                                                                                                                                                               SHOTS
                                                                                                                                                                                                                                                                                                                                                                      18

                                                                                                                                                                                                                                                                                                                                                   T
                                                                                                                                                                                                                                                                                                                                                                                                                    8/9

                                                                                                                                                                                                                                                                                                                                               LINELIGH
                                                         36                  36B
                                                                     SUPERCUTS

                                                                                                                                                                                                                                                                                                                                                                                 17A

                                BUS STATION

                                                                                                                                                                                                                                                                                                                                                               MINX
                                                                                                                                                                                                                                                                                                                                                                                    16 / 17
                                                                                                                                                                                                                                                                                                                                                                                                                                      10

                                                                                                                                                                                                                                                                                                                                                                               HAWKINS
                                                                                                                                                                                                                                                                                                                                                                               BAZAAR
                                                                                                                                                                                                                                                                                                                                                                                                       15

                                                                                                                                                           700 SPACES

                                                                                                                                                                                                                                                                                                                                                                                                            MUFFIN
                                                                                                                                                                                                                                                                                                                                                                                                            BREAK
                                                                                                                                                          MULTI STOREY                                                                                                                                                                                                                                                     14

                                                                                                                                                            CAR PARK

                                                                                                                                                                                                                                                                                                                                                                                                                                             11 / 12

                                                                                                                                                                                                                                                                                                                                                                                                                                  TRESPASS
                   Basildon Train Station
                   5 min walk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                  ENT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                     RAN
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        CE
Eastgate | Basildon

1
                                EAST
                               SQUARE                                                                           opening Spring 2021

                                                                                                                      RESTAURANTS
                                          30 sec
                                           walk                                                               EAST WALK

                                       UP FROM
                                       GROUND
                                        FLOOR          BURGER
                                                        KING

                                                     PAPA’S GREENIES
                                                              44A

                                                                                                                                                    THE ENTERTAINER
                                                     CREPES
                                                      44B
                                                       SUBWAY
    Let
    Let (food units)

    Under offer
    To let                COSTA

                                                                                                              60A     59A
                       MCDONALDS

                                                                                                                                          BELLEZA
                                                                                                                                          BEAUTY
                                                                                                                     59 / 60
                                             FOOD

                                                                                                                               BLUE INC
                                                                                              NANDOS

                                                                                                       RUSH

                         SPUDULIKE
                                            TERRACE
                                                                              DOMINOS PIZZA

                                                                                                                OPENING
                                                                  TACO BELL

                                                                                                              SUMMER 2019
                                                 NOODLE
                                                  NEDS
                                                  BAR
                               REGIS
Damian Sumner                                                      Jamie Simister
           m 07974 085738                                                    t 020 3746 6882
           t 020 3828 8542                                              e jps@jamiesonmills.com
 e damian.sumner@brasierfreeth.com
                                                                               Richard Mills
                 Kim Wilson                                                  t 020 3746 6883
             m 07711 599807                                             e rjm@jamiesonmills.com
              t 020 3828 8541
     e kim.wilson@brasierfreeth.com                                           Russell Walker
                                                                             t 020 3746 6884
                                                                        e rjw@jamiesonmills.com

Sources: CACI 2016, 2017 & 2018, Cities Outlook 2017 (CentreforCities.org),
Springboard Footfall, Basildon Borough Council
*Footfall 11.78m 2018 Springboard

IMPORTANT NOTICE The agents give notice to anyone who may read these particulars as follows: 1. These particulars are
prepared for the guidance only of prospective lessees. They are intended to give a fair overall description of the property
but are not intended to constitute part of an offer or contract. 2. Any information herein e.g. footfall figures (whether in the
text, plans or photographs) is given in good faith but can not be relied upon as being a statement or representation of fact.
3. Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor
that any services or facilities are in good working order. 4. The photographs appearing in this brochure show only certain
parts of aspects of the property at the time when the photographs were taken. Certain aspects may have changed since the
photographs were taken and it can not be assumed that the property remains precisely as displayed in the photographs.
Furthermore no assumptions should be made in respect of parts of the property which are not shown in the photographs.
5. Any areas, measurements or distances referred to herein are approximate only. 6. Where there is reference in these
particulars to the fact that alterations have been carried out or that a particular use is made of any part of the property this
is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained
and these matters must be verified by any intending purchaser. 7. Descriptions of a property are inevitably subjective and the
descriptions contained herein are used in good faith as an opinion and not by way of statement of fact. v4 April 2019
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