Friars Walk countdown

Countdown to 12 November opening for Newport's new retail & leisure development

8 October 2015

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10,000 sq ft of new lettings at Friars Walk have brought Queensberry’s retail and leisure development in Newport to 85% let, with less than five weeks to go before it opens on 12 November. Retailers Jack and Jones, Tiger and The Body Shop, have signed up joining Next, H&M, Top Shop, New Look and River Island, plus a 95,000 sq ft Debenhams store.

The restaurant section is now fully let with Wagamama taking space alongside Prezzo and GBK. Huw Thomas, Director of Retail and joint retail agent on the scheme with Lunson Mitchenall and Nick Young & Co, said “Friars Walk is going to make a big difference to Newport's fortunes and there is huge anticipation building ahead of the launch date.”

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Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP