CBRE appointed on Wayfarers Shopping Arcade

The Asset Services team at CBRE in the North West have been instructed by Lord Street Properties (Southport) Limited to manage the Grade II listed Wayfarers Shopping Arcade in Southport from 1st April 2015.

Wayfarers Shopping Arcade is a striking Grade II listed building located on Southport’s famous boulevard, Lord Street. It is one of the North West’s most celebrated shopping arcades and is widely recognised as an iconic attraction within Southport and the North West region.

The Arcade boasts two retail trading levels and a management office on the second floor. There are 27 units on ground level and a further 9 at first floor, which along with Beales Department Store, totals circa 75,000 sq ft of net trading space.

More than 30 shops feature in the Arcade, including Rohan and Multi York. The remainder of traders are local speciality businesses covering a range of non-competing offers all combining to serve as individual points of interest.

CBRE will be undertaking a broad range of property and asset management services for the Arcade.

Sophie Weinmann, Associate Director at CBRE said; “We are delighted to be appointed by Lord Street Properties (Southport) Limited on this major new instruction, to manage the beautiful Grade II listed Wayfarers Shopping Arcade. Lord Street Properties is a family business, now in their third generation of involvement with the Arcade and have a very close relationship with both the occupiers and customers of the Arcade.  We look forward to working closely with the Arcade’s existing team to further promote the benefits of this prestigious building.”