Derwent Estates plans final £8m Liverpool Shopping Park phase

Representing the final stage in the Edge Lane complex’s redevelopment, M&S Food is already lined up to step into 24,500 sq ft of the 40,000 sq ft of retail space created in the phase.

Derwent Estates is leading the wider redevelopment of Liverpool Shopping Park on behalf of Albert Gubay Charitable Foundation.

M&S Food has signed a 15-year lease to relocate within the park from an 11,000 sq ft unit and upsize into the 24,500 sq ft unit.

The £8m development of the final plot will create a continuous terrace of retail units across the entire site, totalling 277,000 sq ft when it completes in mid-2027.

McMullen Real Estate and CSP are the retained letting agents for the remaining 15,500 sq ft of available space and the vacated 11,000 sq ft M&S Food store.

Designs by RGP Architects have been lodged with Liverpool City Council by planning consultant ATP, while Drees and Sommer is to be the project manager.

Derwent Estates recently opened the £11m third phase of its Liverpool Shopping Park scheme, delivered by Stainforth Construction.

Stainforth built several 3,000 sq ft restaurants, including Wingstop and Five Guys, a 20,000 sq ft Tesla car showroom, and an expanded 35,000 sq ft Hollywood Bowl venue at the shopping park.

The retail park off Edge Lane is the largest such facility in the city. Credit: Google Earth

James Maule-Ffinch, asset management director at Derwent Estates, said: “This development is the final piece of the jigsaw for this extremely popular retail park.

“It will not only enhance the customer experience with an upsized high-quality anchor store in M&S Food but also strengthen the overall tenant mix and complete the original masterplan for the scheme.

“We are proud to be delivering the concluding phase of a project that has already brought significant investment, jobs, and best-in-class retail and leisure brands to the area.”

Will Smith, property director at M&S, added: “We are excited to reveal our plans to create a showstopping food store at a new location in Liverpool Shopping Park.

“The move to a site more than double the size of our existing store means we can offer even more trusted value, the latest product launches, and showcase the best of M&S Food for our customers.

“Our colleagues would transfer across to the new store, and the move will help create even more local jobs for the community.”

TSA Riley, Crookes Walker Engineering, and Healy Consultants are also on the project team.

Liverpool Shopping Park is the largest in the city and hosts brands including TK Maxx, River Island, and JD Sports.