Completion for £11m Liverpool Shopping Park expansion

Derwent Estates has wrapped work on an additional 71,000 sq ft at the Merseyside retail destination – just over a year since securing planning permission from the city council.

Stainforth Construction was the main contractor for the £11m project, which involved the building of a series of 3,000 sq ft restaurants, a 20,000 sq ft Tesla car showroom, and an expanded 35,000 sq ft Hollywood Bowl off Edge Lane in Liverpool.

A Costa Coffee drive-thru is the last part of the park to complete.

The scheme is fully let, with Wagamama and Wingstop signing 15-year leases for the final two spaces. The expanded Liverpool Shopping Park had been 90% let before construction began, through work by retained agents McMullen Real Estate and CSP.

There may be more to come from Liverpool Shopping Park as well.

James Maule-Ffinch, asset management director at Derwent Estates, teased: “The continued success of the Park and interest from other operators looking to capitalise in the popularity of this retail and leisure destination has meant that we are considering new plans for further expansion in the not too distant future.”

Derwent Estates manages the shopping park on behalf of owner Albert Gubay Charitable Foundation. The group worked with ATP Planning, architect RGP, and project manager Drees & Sommer to bring the expansion to fruition.