Kuits advises on purchase of £44m Marine Point05 Jul 2022
Manchester commercial law firm, Kuits, recently advised their client, David Samuel Properties, on the purchase of Marine Point, a leisure destination in New Brighton which is home to brands such as Starbucks, Home Bargains and Morrisons. Marine Point attracts over half a million visitors each year.
The 234,615 sq ft development includes a seven-screen cinema, 66-bed Travelodge and a range of other operators including Prezzo, Iceland and Costa plus nearly 700 visitor car parking spaces.
The team at Kuits was led by Commercial Property Partners Sally Knight and Chris Hardy. Commenting on the deal, Sally said; “We were delighted to advise our client on this transaction which complements their existing portfolio and ensures the future Marine Point as a key component of the local economy.”
The Commercial Property team is the principal commercial advisor to some of the region’s most active and prevalent property investors.