Scotch Corner to be new £90m outlet village in North, 23 brands signed up so far
Feb 27, 2020
Plans have been unveiled to build a new £90 million, 250,000 sq ft outlet and leisure destination in the North of England. Scotch Corner Designer Village will be designed to attract an “extensive, affluent regional catchment, passing motorists and tourists” and 23 brands are already confirmed. They include Boss, Calvin Klein, Tommy Hilfiger, Adidas, Levi’s and Mint Velvet.
It will be situated at one of the UK’s most well-known locations on the A1(M) in North Yorkshire and will open next year. The site is at the gateway to surrounding areas such as The Yorkshire Dales and The North York Moors National Parks and with ease of access to The Lakes and Scotland. Some 96 million tourists visit the area annually.
It will have 92 units in total at the start (10 of them for dining), said the developer, Scotch Corner Richmond LLP.
“With a large predicted customer base of affluent regional shoppers, a sizeable catchment of local residents, passing motorists from the adjacent motorway and trunk roads, significant tourist numbers, and an easy-to-get-to location, Scotch Corner Designer Village is attracting premium and best-of-high-street retailers, plus selected independent brands,” the company said. It added that based on research by Ken Gunn Consulting, it believes the development “will be a top six UK outlet centre by expected visitor spend”.
The design of the scheme will have an uncovered village feel — a format that is proving popular for a number of outlet centres — rather than that of a retail park or enclosed shopping mall. As well as the brands mentioned above, Gap, Joules, Dune London, Clarks, Brook Taverner, Regatta and The Fragrance Shop have committed to taking space.
The company also said the scheme “will be anchored by a contemporary and evolving multi-brand retail space, which will be a specially tailored mix of independent, regional, aspirational and mid-range designer brands”.
The stores signed up so far will be occupying units ranging from 645 sq ft up to 6,500 sq ft and some 50%, by floor area, of the development is now let or in solicitors’ hands, with a further 15% in detailed negotiations.
It may not seem like a great time to invest a huge amount in a physical retail development, but the outlet sector has been the most buoyant of all UK retail channels, apart from online, in recent periods and continues to boom across the country.
Ken Gunn, MD at Ken Gunn Consulting, said: “With expected annual footfall of over 4.3 million and some 28.9 million vehicles passing the site each year, the development will be a destination for a family day-out and will create an opportunity for an enjoyable break in a road journey. The scheme has a wide catchment of some 3.8 million residents within a 60-minute drive-time with almost 60% of customers classified in the top three most affluent ACORN categories.”
Located on a wider 100-acre site, also owned by Scotch Corner Richmond LLP, the developer has ambitions to introduce a further retail phase, plus extensive indoor and outdoor leisure and sporting facilities, a Home and Garden centre, a hotel, business lounge and dog-walking facilities and routes.
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