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Atlantic Village, Bideford

Atlantic Village is a 100,000 sq ft Factory Outlet Shopping Centre, originally developed in 2001 and acquired by Development Securities in 2008, with Wessex being appointed as Asset and Development Manager in 2009.

Since 2008 we have been instrumental in a strategy which has transformed the centre and brought a series of major occupiers to Bideford, including large-space users such as Marks & Spencer, Nike and GAP which now account for around 30% of the net floor space. During 2012 Wessex secured a detailed planning consent for an extension of the retail floor space to the centre, allowing a further 60,000 sq ft of ground floor accommodation to be developed, together with mezzanines.

In 2017, we negotiated with ASDA for development of a new Petrol Filling Station on a leasehold basis. Following completion of this transaction, the asset was then successfully disposed of by U+I Plc (formerly Development Securities Plc).

 

01752 252 136 or 0207 924 2593 | www.wessexinvestors.co.uk | info@wessexinvestors.co.uk