SPOTLIGHT ON
SAINT MARKS PLACE Under new ownership with Big plans to help bring more vitality to the town and provide Newark’s loyal customers with an attractive retail environment. The 150,000sq ft open air shopping centre has recently welcomed 2 new retailers, La Di Da, a specialist ladies Occaasion Wear boutique, and Trespass, the outdoor clothing and Pursuits specialist. Alongside major retail brands such as M & S, Wilkinsons, New Look & Game, there really is something for the whole family at St Marks. St Marks is also full of independent retailers, offering a wide array of products & services, from beautiful flowers, to local artists work. You can even while away some time having coffee or lunch overlooking the market square. Following the recent letting to Trespass and Ladida, Topland have agreed to let Unit 11 to another National Retailer that will bring a new and exciting use to the scheme. Topland are also in discussions with a range of major retailers on Unit 7 and 21. Solicitors are instructed to let a unit in Saracens Head Yard to a local independent trader which will further reinforce the variety of offers in this scheme. St Marks has been acquired by a
privately owned property investment company, “ Topland Group of Companies”. in May 2015 for over £19m. The scheme is anchored by major national retailers, Marks and Spencer and Wilkinson, along with a 512 space secure NCP car park and 32 retail units with other High Street names including New Look/Game/Holland & Barrett/WH Smiths. The scheme forms an integral part of Newark’s attractive central retail area linking the historic Market Place and Stodman Street with the town’s bus station / the towns principle covered car park operated by NCP and a major new Asda store. The purchase forms part of Topland’s drive to acquire more shopping centres / major multi let assets and follows their acquisition of the Saddlers Centre in Walsall in 2013. Topland have retained specialist retail agents GCW (London) and FHP (Nottingham) to lease the remaining 4 vacant units and to create new exciting retail space to attract more household names to Newark and Saint Marks Place, in particular.