Kings Chase Shopping Centre, Kingswood

South Gloucestershire Council buys Kings Chase shopping centre for £10m

Deal for Kingswood’s retail complex could see redevelopment with new homes as part of £25m town centre transformation.

Kings Chase shopping centre in Kingswood could be turned into homes and leisure as well as retail after South Gloucestershire Council announced it had bought it for £10million. It solves the mystery “significant” property deal, at the heart of a £25million transformation of the town centre, which the authority has kept under wraps since February because of commercial sensitivity while negotiations concluded.

The purchase of the complex and car park is a major jigsaw piece in the regeneration after the council secured £12.5million from the Government’s Future High Streets Fund on Boxing Day. It will allow the local authority to explore “innovative new ways to bring vitality to the high street”…

visit Bristol Live to read more

Related posts