Sailmakers Shopping Centre, Ipswich

General Overview

• The Sailmakers Shopping Centre stands as a modern, town-centre dominant shopping destination in Ipswich, Suffolk. Built in 1986 and recently refurbished in 2017, the centre provides a contemporary shopping experience, encompassing 112,084 square feet on a 0.703-hectare (1.737-acre) site. 
• The shopping centre is let to a variety of tenants. Notable national retailers include River Island, Pandora Jewellery, Morrisons, Ryman, Poundland, Iceland, Subway, HMV, Blue Inc, and Leading Labels. Additionally, the centre supports a diverse lineup of local businesses such as Style Paris Ltd, Vitamin Bar, Just Potatoes, and ZIP Management Security.
• Landswood de Coy LLP, a boutique investment agent and asset manager, will manage the property. Established in January 2006, the firm specializes in investment advice and asset management across various real estate sectors. With a portfolio of over 10 shopping centres, Landswood is known for its partner-level involvement and expertise in maximizing Net Operating Income (NOI).

Location:

• Strategically positioned in the heart of Ipswich, Sailmakers Shopping Centre benefits from prime frontages on Tavern Street and Crown Street, close to Cornhill. Ipswich itself is a large port town approximately 123 km (77 miles) north-east of London and 88 km (55 miles) east of Cambridge. The town enjoys excellent road connections and is well-served by the national railway network, with the fastest journey time to London Liverpool Street being 1 hour and 7 minutes. Stansted Airport is also conveniently located approximately 78 km (49 miles) southwest.
• Ipswich has a population of 133,400 and experienced significant growth between 2001 and 2011, ranking as the 10th fastest-growing Primary Urban Area in England. The town has a robust employment base, with a higher average working-age population compared to Suffolk and the national average. As a popular tourist destination, Ipswich attracts an estimated 3.5 million visitors annually.
• The retail sector in Ipswich is particularly vibrant, with a retail comparison spend of £382 million out of a total of £1.8 billion, exceeding the national average. Key occupiers in the vicinity of the Sailmakers Shopping Centre include Superdrug, Vision Express, HSBC, Boots, NatWest, Vodafone, Lloyds Bank, Flying Tiger, and numerous other retailers, highlighting the town's strong retail environment.

• Completion date: June 2024

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