BASILDON SOUTH EAST Shaping the future with new investment
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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
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
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
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
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
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
Eastgate | Basildon Debenhams, Primark and Asda anchor the centre Basildon's prime F&B destination with 15 restaurants and cafés
Eastgate | Basildon Strong fashion line-up in prime destination 90 shops + restaurants 1,700 * car parking spaces * Centre and Asda
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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