Southport Market

Quarterbridge was retained by Sefton Metropolitan Borough Council to appraise Southport Market in 2009 and devise a business plan outlining deliverable options ranging from market closure to full-scale redevelopment.

£3.2 million redevelopment of Southport Market

Southport Council approved a £3.2 million redevelopment including a complete strip-out of the existing facility and to create a contemporary shopping environment for the local and regional residents as well as the 12 million tourists visiting England’s Classic Resort.

Quarterbridge produced a business case to secure funding

The business case provided the council with sufficient certainty to authorise the works funded with prudential borrowings. Quarterbridge produced and carefully monitored the business case, devised a design and specification, dealt with legal related issues concerning trader movements including temporary relocations, project managed sensitive elements of the works and pre-let the scheme which opened in July 2012 93% pre-let exceeding business plan expectations.

Quarterbridge managed the market

As part of the development programme, Quarterbridge tendered for and won the Southport Market management contract for the 2-year period post development, following which time, the council will realise a higher asset value.

Southport Market was awarded NABMA ‘Best Small Indoor Market 2013’

Project Particulars:

  • GIA 16,800 sq.ft.
  • Contemporary Design
  • 50 Market Units
  • Fully equipped food-retailing units, with high specification counters and cold-rooms.
  • Net / Gross Lettable 65%
  • Strong Food Retailing Anchor
  • Demonstration Kitchen
  • Improved Fenestration
  • New M&E
  • High Quality Lighting
  • New Occupational Agreements
  • Recoverable Service Charge
  • Proactive Market Promotional Service
  • Operates 6 days weekly
  • Trading in line with business plan expectations


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Alfresco dining at Southport Market
Southport market