Witney - Woolgate Centre Proves Strength of Market Towns - FMX

Witney – Woolgate Centre Proves Strength of Market Towns

Client: USS

The MMX team has provided advice as the sole agent on The Woolgate Centre for more than 20 years, dealing with both the agency and landlord, and tenant aspects.

The Brief

The MMX team has provided advice as the sole agent on The Woolgate Centre for more than 20 years, dealing with both the agency and landlord, and tenant aspects. The scheme is the dominant retail heart of this affluent market town, with anchor stores including Waitrose, Next, Superdrug (extended in 2021), WH Smith and Specsavers. Primarily a commerce-led centre, the blend of national and local independents provides a well-balanced mix, aligned to the catchment.

The Result

Despite a consistently low void rate, the ability to maintain a relevant tenant mix has always been a priority.

Key successes at The Woolgate Centre, which demonstrate the continued strength of the scheme, include:

A relocation for Specsavers into bigger unit
An extension to Superdrug, doubling the size of the store
The replacing of a weak fashion operator with Just for Pets.

Primarily a commerce-led centre, the blend of national and local independents provides a well-balanced mix, aligned to the catchment.