London Skyline
The Ridings Shopping Centre, Wakefield

The Ridings Shopping Centre - November 2005

The Ridings Shopping Centre is situated in the heart of Wakefield.  The property is freehold and part long leasehold with approximately 267,000 sq ft of retail accommodation over 3 floors.  It was built in 1983 and has been subject to a significant refurbishment under our management.  The centre benefits from 3 separate car parks providing 1,100 spaces with direct access to the malls.  The centre houses a mixture of high street stores, specialist shops and a food court and almost 70% of the centre’s rental income is derived from national retailers, with Primark, Morrisons, Boot and M&S as the anchor stores.  Wakefield is a key commercial centre in West Yorkshire and in 2004 the city had a primary retail catchment population of 275,000 people, ranking it 71st out of the PROMIS centres.

Key Facts:

  • Acquired in November 2005
  • 15 miles south of Leeds
  • Made up of 110 units including several restaurants and cafes
  • 267,000 sq ft of retail accommodation over three floors
  • 70% of rental income derived from national retailers
  • 1,100 car parking spaces
  • Constructed in 1983
  • Catchment population of 275,000 people (2004)
  • Ranked 71st out of the PROMIS centres
  • Tenants include: Morrisons, Primark, TK Maxx, WH Smith, M&S, Argos and Boots
  • Comprehensive refurbishment completed in 2008 comprising 3 new entrances, 2 new feature lifts, re-configured food court, extensive mall decorations and  total rebranding
  • Strong weekly footfall of 260,000 people

http://www.ridingscentre.com/