Hill Samuel - Retail - Weymouth

Date: 08 Sep 1998

Hill Property Unit Trust/Tsb Group Pension Trust In Joint Venture With Shearer Property Group On Weymouth Town Centre Development

S J Berwin & Co acted for Hill Samuel Property Unit Trust and TSB Group Pension Trust Limited on the funding and acquisition of a retail and leisure scheme in Weymouth.

A joint venture with Shearer Property Group, the £26 million 18,116 square metre (1,95,000 sq ft) development is an extension of the existing shopping facilities in Weymouth and will be known as New Bond Street. Planning consent was secured in April after which Debenhams agreed to anchor the development with a 6,503 square metres (70,000 square feet) department store. Cine-UX has also signed up to open a 9 screen multiplex cinema.

Bryan Pickup of 8 J Berwin & Co acted for Hill Samuel/TSB on the funding and acquisition.
Jeanette Shellard of Theodore Goddard acted for Hill Samuel/TSB in relation to the lettings.

Peter Rudolf at ]3erwin Leighton acted for Shearer Property Group.

Cameron McKenna and Nabarro Nathanson acted for the vendors of parts of the site, Scottish Amicable and Weymouth and Portland Borough Council.

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