Gloucestershire’s new designer outlet moves a step closer

The business behind a major retail development near Tewkesbury, expected to generate millions of pounds annually, says its plans have moved another step forward.

A major retail development transforming land off a junction of the M5 motorway in Gloucestershire has taken another step forward.

Site owner and developer, Robert Hitchins, has appointed outlet manager Realm to pre-let the 90-unit 195,000 square foot Cotswolds Designer Outlet and operate it when it opens.

According to the Gloucestershire developer, the retail centre is ‘on target’ to launch in 2023 and Realm’s leasing team ‘is already in discussions with leading international designer brands, which they will seek to complement with independent local businesses’.

The site is describe as being in a prime position next to Junction 9 of the motorway, with 21 million passing cars each year, ‘offering access to an affluent and sizeable resident catchment and substantial tourist custom delivering an estimated annual spend of £3.6 billion’.

Christine Grace, leasing director at Somerset-based Realm, said: ‘The outlet sector offers a healthy potential income profile for investors and brand partners alike and this new scheme is already attracting the attention of world-class brands keen to take advantage of this brand-new destination in what is a prime spot.’

The centre, off the A46 at Junction 9 of the M5 at Ashchurch, will sit alongside a ‘flagship’ 74,000 sq ft Dobbies Garden Centre and 850 new homes adjacent to the site.

Simon Tothill, property and development director at Robert Hitchins Ltd, which employs nearly 50 staff at its Boddington headquarters, said the ‘on-site infrastructure works are progressing well’ and that the end result would be an ‘industry leading new destination’.

By Andrew Merrell


Follow SoGlos on LinkedIn and sign-up to the weekly SoGlos business newsletter for the very latest Gloucestershire business news stories.

© SoGlos
Wednesday 21 July 2021

More news you might like...

Dale Vince, founder of Ecotricity, said work on the new stadium and Eco Park could start as early as spring 2022.

Work on Ecotricity’s new football stadium and business park development in Gloucestershire could start in spring

Ecotricity has submitted ‘revisited plans’ for its long-awaited Eco Park development, a new football stadium and business park...

A new initiative to save food from being sent to landfill is being pioneered at The King’s School in Gloucester.

The King’s School Gloucester is the first in the country to pioneer a new initiative to save food waste

Environmental enterprise Surplus to Purpose is helping The King’s School in Gloucester save waste food from landfill through...

The Festival Shop Window competition is back in Gloucestershire and it’s time to deck out your building in a delightful racing theme – with a £2,000 top cash prize.

The Festival Shop Window competition launches across Gloucestershire

With a £2,000 cash top prize up for grabs, Cheltenham Racecourse and SoGlos have teamed-up to bring back The Festival Shop...

Cotswold-based The Scenic Supper is now offering creative planning and management of bespoke parties, events and weddings for up to 100 people.

The Scenic Supper is launching a new parties and wedding service

The Scenic Supper has launched parties and wedding management services within its bespoke glasshouses at Todenham Manor Farm...

Much-loved Gloucestershire charity, the Chamwell Centre, hosted visits from Her Royal Highness, The Princess Royal.

Gloucestershire organisations receive a boost from HRH The Princess Royal

One of Gloucestershire’s biggest businesses and one of its best-loved charities had their good work celebrated with a visit...

Don’t miss

Unmissable highlights