Fourth letting in Huyton scheme brings boost to high street

Date posted:
Thu 11 July 2019

Avison Young has secured a 3,222 sq ft letting to children’s sensory and soft play centre, Crafty Mama’s at the Cavendish Walk retail scheme in Huyton, Merseyside.

Fit out on the Crafty Mama’s unit is now complete and it opened its doors to families this week.

The letting comes on the back of three 10-year deals in 2018 to well-known brands, Holland & Barret and The Fragrance Shop, as well as Knowsley Council's Citizens' Advice Bureau which has resulted in increased footfall in the area.

Sholom Cohen at Avison Young, the asset manager for Cavendish Walk retail parade said: “Our high streets continue to face challenging times, however lettings to businesses such as Crafty Mama’s show that this is not the end for the high street, rather, that places are being redefined.

“Towns and city centres that have a greater mix of uses, away from the traditional retail core, are enjoying more success by attracting a broader range of visitors and encouraging dwell time. For our high streets to have a future, they will require more diversification and it is positive for Huyton that we are seeing that evolution here.”

Avison Young acquired GVA earlier this year and is the world’s fastest-growing commercial real estate services firm.

Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises approximately 5,000 real estate professionals in 120 offices in 20 countries. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.