Out of Town Retail

Meadowhall

Meadowhall, internal mall

External view

Meadowhall remains one of the largest and most successful shopping centres in the UK – a prime super-regional centre in a densely populated catchment area.

The two-level, fully enclosed mall with excellent transport links continues to be attractive to both retailers and customers, with 18 new retailers having taken space over the last year.

The major refurbishment programme has now completed and the reconfiguration of the ex-Sainsbury’s space to create the new Gallery mall is also complete. This reconfiguration has created two new MSUs totalling 140,000 sq ft let to Next and Primark and an additional 12 shop units, 11 of which are let, with the remaining one under offer. Elsewhere in the scheme Top Shop have recently upsized from 17,000 sq ft to over 40,000 sq ft.

The centre continues to win awards, winning ten in the last year including a BCSC Purple Apple Marketing Award for Strategic Marketing Campaign and a number of environmental, training and learning awards.

Meadowhall has taken significant steps to reduce its environmental impact, including collection of rainwater for landscaping and cleaning. Meadowhall is also producing significant results in the area of waste management. In the year ending March 2008 the proportion of waste the shopping centre has recycled has increased to 46%. As part of this waste management process, Meadowhall became the first UK shopping centre to develop an on-site Resource Recovery Centre, in 2005, to sort and send materials for recycling.

In addition to these environmental benefits, the Resource Recovery Centre has provided job opportunities for adults with learning difficulties, where they have been successful in running the facility without the support of their carers.

The Source at Meadowhall provides training, development and conference services. Since opening in 2003 it has improved the retail related skills of more than 1,000 mostly local people of all ages and backgrounds, improving their confidence and qualifications – and helping Meadowhall (and other Sheffield) retailers to recruit appropriate staff.

Facts and figures

Value £1.5 billion
1.5m sq ft retail and leisure
Site area 191 acres
(of which 74 acres undeveloped)
213 shop units, 10 anchor stores, 11 screen Warner Village cinema, 25 speciality kiosks, 23 mall kiosks
34 restaurants and cafes (including Oasis food court) seating for some 3,300
25 million customers per annum – 800,000 per week at peak time
Direct access to junction 34 of M1 motorway
Free parking for over 12,000 vehicles
On site transport interchange with bus, train and supertram services
www.meadowhall.co.uk
Freehold
100% owned
Rent passing £78m pa
Average rent £58.47 per sq ft
Weighted average lease term including breaks 13.3 years

Anchor Stores

BHS
Boots
Debenhams
H&M
House of Fraser
Marks & Spencer
Next
Primark
Sports World
WH Smith

As at 31 March 2008