Chester Retail Park has new managers, following a significant property deal.

Re:volve Real Estate has agreed the management deal with Manchester-based Consolidated Property Group, further solidifying its position in the commercial property sector.

The agreement encompasses 152,000 sq ft of prime retail space and includes the 14-acre freehold Chester Retail Park site.

The retail and leisure destination is in rude health at present, currently packed with tenants including B&M, Tenpin, The Range, McDonald's, Burger King, and TK Maxx. Last month, Jolleys and Age UK opened their doors on the site.

Re:volve Real Estate's mandate focuses on maximising asset value, enhancing operational efficiency, and strategic positioning for growth. The property firm has already initiated measures to optimise operational costs and boost asset value.

This new acquisition bolsters Re:volve Real Estate's impressive client roster, now exceeding 35 clients with assets totalling more than £400 million.

Stuart Dawson, managing director at Consolidated Property Group, said: “A1 retail parks are fast establishing themselves as important retail hubs.

“We're focused on improving occupier satisfaction and attracting top retailers. Finding a property management company that can add value to our site and meet market demands was key.

“The Re:volve team impressed us with their practical approach and we’re optimistic about the development of this asset.”

Anna Main.

Anna Main.

Anna Main, managing director at Re:volve Real Estate, outlined the company's strategy: "We're implementing targeted upgrades to streamline operations and enhance the site's appeal and profitability.

“Our approach involves active engagement with occupiers, strategic investments in key areas, focused efforts on occupier satisfaction, proactive park management and contract optimisation. We're also committed to overall aesthetic and functional improvements.

"This partnership with Consolidated Property Group presents an exciting opportunity to demonstrate our value-add capabilities in the retail park sector.

“We're confident that our tailored approach will not only meet but exceed the expectations of both our client and the park's occupiers."

For more information on Re:volve Real Estate, which has offices in Wilmslow and Liverpool, visit www.revolverealestate.co.uk