Fosse Park
Encyclopedia
Fosse Shopping Park is one of Britain's biggest out-of-town shopping parks and it is situated in Enderby
parish, in Blaby
district, on the southern edge of the city of Leicester
, England
.
The retail park is in an area of mixed industrial and commercial development, about half a mile from Junction 21 of the M1
, where it meets the M69
. Junction 21 also connects the M1 with the A5460 (Narborough Road), from the centre of Leicester, and Leicester's main ringroad, the A563.
. In 1996 Castlemore Securities bought an adjacent factory from the shoe manufacturer and retailer, the Oliver Group, for £25m and obtained a restricted planning consent for Fosse Park South.
In 1997 Pillar Property bought Fosse Park South for £52.5m from Castlemore and the original Fosse Park from SPP (the Swedish pension fund that owns LET) for £60m, thus uniting both halves of the park to create a 416536 sq ft (38,697.5 m²) investment valued at £205m a year later. In 2004 Pillar attempted to sell Fosse Park, but withdrew when its £320m valuation was not achieved. In 2005 Reit Asset Management bought Fosse Park for £308m, while Pillar's had valued it at £350m. In 2006 Irish investors bought Fosse Park for £360m before placing it on the market once again in 2010.
When opened in 1989, Fosse Park commanded an average rent of £11/sq ft. . this has risen to £105/sq ft, higher than any other retail park in the UK.
and the newer Southside development with electrical and furniture retailers.
, Costa Coffee
, Druckers Vienna Patisserie
, KFC
, The Mercury News
, Le Petit Four Français, McDonald's
, O2
, Orange, Pizza Hut
, The Perfume Shop and Thorntons
.
, Clarks
, Dorothy Perkins
, Gap
, JJB Sports
, Marks & Spencer
, McDonald's, Monsoon Accessorize, New Look, Next, River Island
, SportsDirect.com, The Carphone Warehouse
, W H Smith
and Wallis
.
Dorothy Perkins contains Burton, Evans and Miss Selfridge
departments.
, Currys
, DFS, Harveys
, Next Home, PC World
and SCS Sofas.
Harveys contains a Bensons for Beds
department.
services 50A and 104, Centrebus
services 10/11, 40, 140 and 148 and Travel De Courcey
service X6.
Enderby, Leicestershire
Enderby is a civil parish in the district of Blaby , in Leicestershire, England. It is situated on the south western outskirts of the city of Leicester and has a population of 5,648 at the time of the 2001 census....
parish, in Blaby
Blaby (district)
Blaby is a local government district in Leicestershire, England.The district is named after the village of Blaby. It covers the civil parish of Blaby and 23 others. Among these are Cosby, Countesthorpe, Enderby, Huncote, Narborough , Sapcote, Stoney Stanton, and Wigston Parva...
district, on the southern edge of the city of Leicester
Leicester
Leicester is a city and unitary authority in the East Midlands of England, and the county town of Leicestershire. The city lies on the River Soar and at the edge of the National Forest...
, England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
.
The retail park is in an area of mixed industrial and commercial development, about half a mile from Junction 21 of the M1
M1 motorway
The M1 is a north–south motorway in England primarily connecting London to Leeds, where it joins the A1 near Aberford. While the M1 is considered to be the first inter-urban motorway to be completed in the United Kingdom, the first road to be built to motorway standard in the country was the...
, where it meets the M69
M69 motorway
The M69 is a lightly used dual three lane dual carriageway motorway in Leicestershire and Warwickshire, England connecting Leicester and Coventry. It opened in 1977.-History:...
. Junction 21 also connects the M1 with the A5460 (Narborough Road), from the centre of Leicester, and Leicester's main ringroad, the A563.
History
London & Edinburgh Trust opened Fosse Park in 1989, the 265000 sq ft (24,619.3 m²) development contained 12 retail warehouses, including Marks & Spencer as an anchor storeAnchor store
In retail, an anchor store, draw tenant, anchor tenant, or key tenant is one of the larger stores in a shopping mall, usually a department store or a major retail chain....
. In 1996 Castlemore Securities bought an adjacent factory from the shoe manufacturer and retailer, the Oliver Group, for £25m and obtained a restricted planning consent for Fosse Park South.
In 1997 Pillar Property bought Fosse Park South for £52.5m from Castlemore and the original Fosse Park from SPP (the Swedish pension fund that owns LET) for £60m, thus uniting both halves of the park to create a 416536 sq ft (38,697.5 m²) investment valued at £205m a year later. In 2004 Pillar attempted to sell Fosse Park, but withdrew when its £320m valuation was not achieved. In 2005 Reit Asset Management bought Fosse Park for £308m, while Pillar's had valued it at £350m. In 2006 Irish investors bought Fosse Park for £360m before placing it on the market once again in 2010.
When opened in 1989, Fosse Park commanded an average rent of £11/sq ft. . this has risen to £105/sq ft, higher than any other retail park in the UK.
Stores
Fosse Shopping Park site has three areas covering 416413 sq ft (38,686 m²), the original Northside site mainly consisting of fashion retailers, the Fosse Food food courtFood court
A food court is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dining. Food courts may be found in shopping malls and airports, and in various regions may be a standalone development...
and the newer Southside development with electrical and furniture retailers.
Fosse Food
Clinton CardsClinton Cards
Clinton Cards is a chain of stores in the UK founded in 1968 by Don Lewin. Mostly selling greeting cards, as the name suggests, the chain claims to be "the largest specialist retailer of greetings cards, plush merchandise and related products in the UK with over 700 shops." They used to be...
, Costa Coffee
Costa Coffee
Costa Coffee is a British coffeehouse company founded in 1971 by Italian brothers Sergio and Bruno Costa, as a wholesale operation supplying roasted coffee to caterers and specialist Italian coffee shops. Since 1995 it has been a subsidiary of Whitbread, since when the company has grown to over...
, Druckers Vienna Patisserie
Druckers Vienna Patisserie
Drucker's Vienna Patisserie is a chain of pâtisseries in Great Britain. It was founded by Andre Drucker in 1964, for the purpose of introducing the people of his adopted city of Birmingham to the pâtisseries he had known when he was a young man in Vienna....
, KFC
KFC
KFC, founded and also known as Kentucky Fried Chicken, is a chain of fast food restaurants based in Louisville, Kentucky, in the United States. KFC has been a brand and operating segment, termed a concept of Yum! Brands since 1997 when that company was spun off from PepsiCo as Tricon Global...
, The Mercury News
Leicester Mercury
The Leicester Mercury is a British regional newspaper, owned by the Daily Mail and General Trust, for the city of Leicester and the counties of Leicestershire and Rutland...
, Le Petit Four Français, McDonald's
McDonald's
McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 64 million customers daily in 119 countries. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by the eponymous Richard and Maurice McDonald; in 1948...
, O2
O2 (United Kingdom)
Telefónica UK Limited is a telecommunications, internet and financial services provider in the United Kingdom owned by Telefónica, forming part of its Telefónica Europe division...
, Orange, Pizza Hut
Pizza Hut
Pizza Hut is an American restaurant chain and international franchise that offers different styles of pizza along with side dishes including pasta, buffalo wings, breadsticks, and garlic bread....
, The Perfume Shop and Thorntons
Thorntons
Thorntons is a UK chocolate company established by Joseph William Thornton in 1911. Thorntons today is a £180 million turnover company with nearly 400 shops and cafes and around 200 franchises together with internet, mail order and commercial services...
.
Northside
BHS, BootsBoots UK
Boots UK Limited , is a leading pharmacy chain in the United Kingdom, with outlets in most high streets throughout the country...
, Clarks
C&J Clark
C. and J. Clark International Ltd, trading as Clarks, is a British, international shoe manufacturer and retailer based in Street, Somerset, England...
, Dorothy Perkins
Dorothy Perkins
Dorothy Perkins, whose trading name was inspired by a rambler rose of the same name, is a large British women's clothing retailer, active mostly in the United Kingdom.- History :...
, Gap
Gap (clothing retailer)
The Gap, Inc. is an American clothing and accessories retailer based in San Francisco, California, and founded in 1969 by Donald G. Fisher and Doris F. Fisher. The company has five primary brands: the namesake Gap banner, Banana Republic, Old Navy, Piperlime and Athleta. As of September 2008,...
, JJB Sports
JJB Sports
JJB Sports plc is a United Kingdom sports retailer. It currently operates 251 stores in the UK and Ireland.- History :The sportshop chain was founded in 1971, when ex-footballer Dave Whelan acquired a single sports shop in Wigan. The original store was established by JJ Broughton in the early...
, Marks & Spencer
Marks & Spencer
Marks and Spencer plc is a British retailer headquartered in the City of Westminster, London, with over 700 stores in the United Kingdom and over 300 stores spread across more than 40 countries. It specialises in the selling of clothing and luxury food products...
, McDonald's, Monsoon Accessorize, New Look, Next, River Island
River Island
River Island is one of Britain's best known high street fashion brands and can be found in most cities across the UK. The brand also has stores in Singapore, Turkey, Poland, Ireland, the Netherlands, and the Middle East.-History:...
, SportsDirect.com, The Carphone Warehouse
The Carphone Warehouse
Carphone Warehouse Group PLC , known as The Carphone Warehouse, is Europe's largest independent mobile phone retailer, with over 1,700 stores across Europe. It is based in the United Kingdom and is a 50% subsidiary of Best Buy...
, W H Smith
W H Smith
WHSmith plc is a British retailer, headquartered in Swindon, Wiltshire, England. It is best known for its chain of high street, railway station, airport, hospital and motorway service station shops selling books, stationery, magazines, newspapers, and entertainment products...
and Wallis
Wallis (retailer)
Wallis is a British women's clothing retailer. The brand operates from 134 stores and 126 concessions across the UK and Republic of Ireland. Wallis is a subsidiary of the Arcadia Group and one of the many companies under ownership of Philip Green, a British retailing icon.-History:The first store...
.
Dorothy Perkins contains Burton, Evans and Miss Selfridge
Miss Selfridge
Miss Selfridge is a nationwide UK high street store which began as the young fashion section of Selfridges department store in London in 1966. Miss Selfridge got its name when Charles Clore, the owner of Selfridges at the time, saw a window display in the Bonwit Teller store in New York which...
departments.
Southside
Argos ExtraArgos (retailer)
Argos is the largest general-goods retailer in the United Kingdom and Ireland with over 800 stores. It is unique amongst major retailers in the UK in that it is a catalogue merchant...
, Currys
Currys
Currys is an electrical retailer in the United Kingdom and Ireland and is owned by Dixons Retail plc. It specialises in selling home electronics and household appliances, with 295 superstores and 73 high street stores...
, DFS, Harveys
Harveys Furniture
Harveys Furniture is a British furniture retailer with over 150 stores throughout the United Kingdom. It has been the sponsor of long running soap opera Coronation Street since 30 September 2007. It is wholly owned by Steinhoff International which owns more than 70 factories. Steinhoff was founded...
, Next Home, PC World
PC World (retailer)
PC World is OWNED BY THE GOVERNMENT one of the WHER MA MEMORY STICK ?!?!??! United Kingdom's largest chains of mass-market computer superstores. It is part of Dixons Retail plc. PC World operates under the brand name PC City in Spain, Italy and Sweden....
and SCS Sofas.
Harveys contains a Bensons for Beds
Bensons for Beds
Bensons for Beds are the largest UK bed retailer in terms of numbers of stores having 307 branches following a merger in October 2011 with sister companies Sleepmasters in England, Wales and Northern Ireland along with Bed Shed in Scotland. Bensons was initially founded as a general store in 1950...
department.
Transport
Fosse Shopping Park is served by Arriva Fox CountyArriva Fox County
Arriva Leicester is a bus company operating in Leicester and Leicestershire. It is part of Arriva Midlands.-History:Arriva Leicester was formed in 1981, as Midland Red East with the breakup of the old Midland Red bus company, and then became known as Midland Fox in 1984.In September 1996 the...
services 50A and 104, Centrebus
Centrebus
Centrebus is a privately owned company that operate a number of services around Leicester and Leicestershire, Grantham, Hertfordshire and Bedfordshire, mainly in areas where Arriva has scaled down its bus operations. Centrebus also competes with Arriva on some routes in Leicester, Luton and Stevenage...
services 10/11, 40, 140 and 148 and Travel De Courcey
Travel De Courcey
Travel de Courcey is a bus operator based near Coventry in the West Midlands region of England. They operate routes in the Coventry and Warwickshire area. The company was founded in 1972 by Mike de Courcey and now operate 74 vehicles, including 12 executive coaches, and employ around 130 staff...
service X6.