Sunday, 22 April 2012

Tesco to sell Vantage Point & Circus Parade

A few years ago Tesco were buying up property on the west side of London Road and, in New England Road, Vantage Point and Circus Parade.  Their plans for redevelopment, including a Department Store, did not come to fruition. Possibly reflecting the recent downturn their UK operation has experienced, they are now putting the freehold of this island site of 0.9 acres up for sale. 

The landmark building comprises 37,380 sq ft (approx) of offices with 8 flats. A retail parade of 14 shops provides a further 12 flats along with an 80-space (approx) car park.  Development potential in a convenient location near Brighton station – Part Vacant Investment.


2 comments:

  1. This would be a great location for a new retail led scheme if it's near the city centre and the railway station. Brighton is crying out for a new department store.

    ReplyDelete
  2. Are you joking?! The city is full of empty shops. Consumer incomes are down and internet retail is growing every year. We need space for creative industries and affordable housing, not more shops, especially in London Road.

    ReplyDelete

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