New retail park would be 'missing link' for town
A new retail park – which is attracting interest from furniture retailers – is set to become 'the missing link' for a major southern town.
An application by Fairacre Asset Management to demolish three office buildings and a branch of PC World and build five retail units at Westmead, Farnborough has been recommended by Rushmoor Borough Council ahead of a full decision by the council's planning committee.
The units will be housed in two buildings with mezzanine floors and a 225 space car park.
The site is surrounded by retail and leisure buildings, including the Princes Mead shopping centre (pictured), Asda, Solartron Retail Park and B&Q.
Fairacre says the development will 'create the missing link between the retail parks to the west and the rest of the town centre to the east.'
Chris Akrill, of Town Planning Services, the agent for the Fairacre, says the proposal has received a lot of interest from businesses – particularly home and furniture retailers that would complement stores already in the town.
Farnborough is a highly affluent town, with a primary catchment of 77,000. 65% of these are within the AB (managerial and professional) and C1 (supervisory and clerical) social groups.