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Appendix L Chester Characterisation and Vacancy Assessment continued
The Grosvenor Shopping Centre is strategically located within the City Centre. It is accessible from a number of directions and links different parts of the City Centre together. Its primary provision is retail, with large floorplates catering to national brands. However, with the development of Northgate and the changing nature of the high street, its fortunes are unclear, particular as a large part of its retail provision is at the dark and dated St Michael’s Square. The SWOT analysis explores the future of the Grosvenor Shopping Centre.
Strengths
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Covered shopping area
Large floorplates able to cater to national brands
Accessible from various directions
Strong retail offering
St Michael’s Row has kept much of its historic character
Conveniently located with respect to car parking
Opportunities
Ability to attract large national brands
The Centre is permeable and therefore it links areas of the city
Weaknesses
Large floorplates only suitable for national brands
St Michael’s Square is poorly lit
Dominated by retail
Not overly apparent where the Centre is located
Large floorplates mean vacant units more noticeable
Aside from the St Michael’s Row, lacking in historic interest
High levels of vacancy
Threats
Rental and business rates threat to attracting occupiers
Ownership uncertainty
Vulnerable to the changing behaviours of shoppers