Work on the £11m expansion of Liverpool Shopping Park now complete as electric car giant Tesla opens a 20,000 sq ft showroom. Tony McDonough reports
Electric car giant Tesla and food outlets Wagamama and Wingstop are the latest arrival at Liverpool Shopping Park amid the completion of an £11m expansion.
Opening close to Edge Lane just outside the city centre, Liverpool Shopping Park has now seen its 165,000 sq ft footprint expanded by a further 71,000 sq ft. LBN first reported the project in February 2023 and the new space is already fully let.
In the last week, Tesla opened a new 20,000 sq ft car showroom and Five Guys welcomed customers to its drive-thru restaurant. Costa Coffee is completing works on its new drive thru, which will open in September.
Wagamama and Wingstop have become the latest new tenants to take space having both agreed 15 year leases for 3,000 sq ft units each alongside a new Nando’s, which is set to open in the autumn.
Hollywood Bowl opened earlier in the summer following an extensive refurbishment and expansion to create a new 35,000 sq ft bowling and leisure facility.
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Owned by the Albert Gubay Charitable Foundation, Liverpool Shopping Park is managed by Derwent Estates.
James Maule-Ffinch, asset management director at Derwent Estates, says: “The continued success of the park and interest from other operators looking to capitalise on the popularity of this retail and leisure destination has meant that we are considering new plans for further expansion in the not too distant future.”
ATP Planning is the planning consultant advising Derwent Estates with RGP the architect and Drees & Sommer the employer’s agent. McMullen Real Estate and CSP are the retained letting agents for the scheme.
The Albert Gubay Charitable Foundation’s purpose is to fund projects run by registered charities in England, Wales, Isle of Man and Republic of Ireland. It also supports the Catholic Church and its associated registered charities.
Since 2016, it has distributed grants totalling more than £42m. Albert Gubay was an entrepreneur who created a business empire that was worth more than £700m.