Rushmere Shopping Centre and Retail Park up for sale for £57m
Rushmere Shopping Centre and Retail Park in Craigavon has been put on the market for £57m.
Commercial real estate agencies CBRE NI and Savills are acting as joint agents on the sale of the property.
The site offers a purpose-built, enclosed mall shopping centre with an adjacent open consented retail park and is priced at £57 million.
The property, which comprises more than 30 acres across the retail park and 50 commercial units in the shopping centre, is the dominant retail scheme within the wider urban area of Craigavon.
Rushmere Shopping Centre and Retail Park is home to some of the UK and Ireland’s most well known retailers, and the recent anchor letting secured to Primark will enhance its retailing appeal.
Other retailers include Boots, Home Bargains, Superdrug and Dunnes Stores in the shopping centre, as well as Homebase, Matalan, Next and Currys/PC World in the retail park.
Andrew Coggins, Senior Director at CBRE NI, said: “Rushmere Shopping Centre and Retail Park is a very exciting asset to bring to the market in Northern Ireland, and is currently the largest investment asset to come to the market in Northern Ireland to date this year.”
Ben Turtle, director at Savills, said: “The scheme is fully let to a number of well-known and prominent tenants, so we anticipate that there will be strong investor interest in this investment opportunity.”
