Eastgate Centre for sale at £80million

Basildon Recorder: Popular with shoppers – Basildon’s Eastgate Centre Popular with shoppers – Basildon’s Eastgate Centre

BASILDON’S Eastgate Centre has been put on the market for £80million.

Jones Lang La Salle, an international estate agent specialising in commercial property, has listed the 800,000 sq ft centre as up for let.

However, a council source revealed owners British Land will sell if the price is right.

Property experts believe the shopping mall, which opened 28 years ago, could fetch £80million.

Former Eastgate Centre manager Hans Wusterfeld, who is now head of Basildon Town Centre Management, said there is no need for business owners or residents to worry about the potential changes.

London-based British Land owns nine retail park properties, 89 superstores, 17 shopping centres and 13 department stores across the country.

He said: “The Eastgate Centre has been in Basildon a long time, and British Land is a property company and their business is buying and selling.

“If they found a buyer it wouldn't make much difference to Basildon because the shopping centre would still be there. It would just have a new owner.”

However, Independent Labour party leader Phil Rackley, who is also ward councillor for St Martin’s, is concerned.

He said: “For businesses in the Eastgate Centre it gives them uncertainty, particularly for the small, independent units.

“If we look at the rest of the town centre at the moment a lot of businesses are closed, so these changes make you think if the future of the Eastgate Centre is safe. I hope so.”

Comments (11)

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5:01pm Fri 29 Nov 13

echoforum says...

Chavtastic bargain
Chavtastic bargain echoforum

5:12pm Fri 29 Nov 13

Howard Cháse says...

If Tony Ball and pals sell off the rest of the greenspace and parklands south of the A127 they could buy it and then sell it off to developers for housing. Be a nice little earner for them.........
If Tony Ball and pals sell off the rest of the greenspace and parklands south of the A127 they could buy it and then sell it off to developers for housing. Be a nice little earner for them......... Howard Cháse

7:18pm Fri 29 Nov 13

Mikkel1 says...

I'll offer them 10/-?
I'll offer them 10/-? Mikkel1

7:54pm Fri 29 Nov 13

Southend Andy says...

I'll give them 80million old Turkey lira
I'll give them 80million old Turkey lira Southend Andy

9:20am Sat 30 Nov 13

Britanniaman says...

I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.
I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled. Britanniaman

9:56am Sat 30 Nov 13

Rochford Rob says...

Another town centre dying on its @rse.

Has that place ever been 100% let in its history?

I don't think so.

If you are daft enough to want to mill about shops all day with other sheep, may as well go to Bluewater or Lakeside and do it properly with plenty of free parking to boot.
Another town centre dying on its @rse. Has that place ever been 100% let in its history? I don't think so. If you are daft enough to want to mill about shops all day with other sheep, may as well go to Bluewater or Lakeside and do it properly with plenty of free parking to boot. Rochford Rob

5:31pm Sat 30 Nov 13

Biker One says...

Britanniaman wrote:
I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.
And why should parents with young children have priority over anyone else? In case you haven't noticed, the disabled bays are all in use by deserving people. I have never met a mum or dad who wasn't capable of walking a few extra yards just because they had a kiddie in tow, it beggars belief that some people think society owes them!
[quote][p][bold]Britanniaman[/bold] wrote: I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.[/p][/quote]And why should parents with young children have priority over anyone else? In case you haven't noticed, the disabled bays are all in use by deserving people. I have never met a mum or dad who wasn't capable of walking a few extra yards just because they had a kiddie in tow, it beggars belief that some people think society owes them! Biker One

9:22pm Sat 30 Nov 13

Devils Advocate says...

The town centre has been on a downward ramp since car parking charges were first introduced. With free parking at the out of the centre stores, free parking at lakeside, what magic did the council think could be worked by introducing charges? They did tell us it would offset the permit parking, as money from the car parks would be used to finance the scheme, but of course, once permits were in, they sold the car parks to a private concern. At least it allowed you insight to what a load of lying council people they were!
Pity it was at the expense of most of the towns good stores!
The town centre has been on a downward ramp since car parking charges were first introduced. With free parking at the out of the centre stores, free parking at lakeside, what magic did the council think could be worked by introducing charges? They did tell us it would offset the permit parking, as money from the car parks would be used to finance the scheme, but of course, once permits were in, they sold the car parks to a private concern. At least it allowed you insight to what a load of lying council people they were! Pity it was at the expense of most of the towns good stores! Devils Advocate

11:16pm Sat 30 Nov 13

Blind Haze says...

Britanniaman wrote:
I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.
Being disabled is the way a lot of people in Basildon can afford to go shopping. You've got to target the masses.
[quote][p][bold]Britanniaman[/bold] wrote: I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.[/p][/quote]Being disabled is the way a lot of people in Basildon can afford to go shopping. You've got to target the masses. Blind Haze

4:43pm Sun 1 Dec 13

Kim Gandy says...

Should do the brown envelope brigade up a treat...
Should do the brown envelope brigade up a treat... Kim Gandy

7:05pm Sun 1 Dec 13

Devils Advocate says...

Britanniaman wrote:
I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.
I think you will find that is actually easier to get a buggy out of a 4x4 than a wheelchair out of an Invicar! Then, having got it set up, how hard is it for a parent to push the buggy a little further, as compared to a person who has lost his legs, or at least the use of them to cover the same distance?
I would guess you are heading towards disability if you are finding it hard to walk a little further from the shops to your car.... try seeing a doctor and getting a disabled ticket yourself. That will save you all those nasty feelings of being disadvantaged by your good health!
[quote][p][bold]Britanniaman[/bold] wrote: I hope the new owner's takes them disabled parking bays out and puts some parent parking spaces there by the doors seems like everyone in Basildon is disabled.[/p][/quote]I think you will find that is actually easier to get a buggy out of a 4x4 than a wheelchair out of an Invicar! Then, having got it set up, how hard is it for a parent to push the buggy a little further, as compared to a person who has lost his legs, or at least the use of them to cover the same distance? I would guess you are heading towards disability if you are finding it hard to walk a little further from the shops to your car.... try seeing a doctor and getting a disabled ticket yourself. That will save you all those nasty feelings of being disadvantaged by your good health! Devils Advocate

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