Portfolio

Stane Retail Park, Stanway
Colchester
A 15 acre retail park in a 50/50 joint venture with Stane Park Limited
Stane Retail Park is a 15 acre development site situated opposite the popular Sainsburys in Stanway.

Stane Retail Park was granted planning permission by Colchester Borough Council on 23rd August 2018.

The scheme once completed will provide an exciting line up of high quality retailers to add to the existing retail offer in Stanway. Designed by leading architects Corstorphine + Wright the scheme will be modern and contemporary in style whilst fitting into and complementing its surroundings. Careful consideration has been given to the landscaping to enhance its appearance.

Churchmanor will pay for a range of highway improvements totalling some £2.5million which have long been required to the Eight Ash Green A12 junction and the Western Bypass.

Project facts

Partners

Stane Park Limited

Size

180,000sqft

Occupiers

B&Q, Aldi, M&S Food Hall

Status

under construction

Project value

£65 million
Handing over day to day control of a prized family asset was no easy decision. However, 10 years into the joint venture with Churchmanor, we have no regrets. Working with a company with such strong ethics, values and respect for their partners, meant that despite being in a 50:50 joint venture, we never had any relationship issues and more importantly no concerns. Would we do enter into a relationship with Churchmanor Estates Plc again ? Most certainly. They are not only expert in their field but most importantly they know how to involve their stakeholders in the joint journey to ensure goal congruence at all times.
Joshua Warren - Stane Park Ltd