Junction 9 Gallagher Retail Park

Gb United KingdomBirmingham

Details

Name Junction 9 Gallagher Retail Park
Site Type Retail Park
Address Axletree Way, Wednesbury WS10 9QY
United Kingdom
Status Extension Planned
Date Of Opening Dec 31, 1989
GLA 21,475 m2
Parking Units 1,040
Traffic arrivals 0 p./year
Websites web site
  • Located north-west of the conurbation, right next the junction 9 of the M6 , this retail park is one of the most important ones of the conurbation with about 55.000 sqm of GLA. Ikea, B&Q, Decathlon are close of the scheme. It was developed in different phases. A 3.720 sqm redevelopment created 4 units (TK Maxx, Boots, Outfit, Mamas & Papas). Another extension (8.919 sqm) was leased to Currys, Furniture Village, Bensons and SCS. Another extension for 3 new restaurants was granted in 2014. Gallagher Developments sold Gallagher retail park (18.580 sqm) for 120 M £ to JP Morgan in 2010. KKR acquired the first phase in April 2014 for 51 M £ with an option to purchase the second phase (totalizing about 123 M £). In 2018, KKR sold it to Hana Financial Investments for 175 M £.

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