The Auckland Phase 2 investment opportunity
Auckland Leisure & Retail Park occupies a prominent 14-acre site just south of Bishop Auckland town centre, around 10 miles from Durham.
Benefiting from excellent access and visibility, the park is already a well-established destination. Phase 1 is now fully operational and fully let to a strong mix of national retail and leisure brands, helping to drive consistent footfall and regional appeal.
Phase 2 will deliver the final stage of the masterplan, expanding onto an adjoining 7.5-acre site. This next phase will bring in additional national retailers not currently represented in the area, further strengthening the park’s retail offering and enhancing its status as a key hub for shopping and leisure in the region.
A £18 million funding facility has been secured to support the development, with groundworks scheduled to begin in Autumn 2025. Tenant fit-outs are expected to commence in Summer 2027, with a grand opening planned for Autumn 2027.
With proven occupier demand and ongoing investment, Auckland Leisure & Retail Park is well positioned to deliver long-term value for tenants, investors, and the wider local economy.
Investment Overview
Auckland Phase 2 loan note benefits…
This carefully structured investment offers a compelling blend of fixed returns, asset-backed security, and a defined short-term exit – making it an attractive option for investors seeking stable, property-based growth.
Auckland Phase 2
Key terms:
Investment term
Short term investment opportunity of approximately 24 months.
Investment/gross return
Income at 2.0% per quarter equating to 8.0% per annum or Growth at 8.5% per annum paid upon redemption.
Capital raise
A capital raise is required of £18m for Phase 2 of the development.
Clear exit strategy
Each loan note is structured with a defined term and a predetermined maturity date, giving investors clarity on when their capital is due to be repaid.
Minimum investment
The minimum investment is £10,000, offering an accessible way to enter the market.
Auckland Phase 2 – de-risked through the following:
- First Charge Security over the development asset with a GDV of £38.6m and a capital raise of £18m, giving an LTV of 52% (including finance charges).
- Soon to be announced… Major retail anchor secured, enhancing development appeal.
- Funding already secured for Phase 1 with Handelsbanken, which will secure the exit for investors within Phase 1.
- The asset will be re-mortgaged upon completion via an institutional lender, providing a clear exit strategy.
Enquire about this loan note investment opportunity…
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The Bishop Auckland Leisure & Retail Park location…
Bishop Auckland Leisure & Retail Park is located to the south of Bishop Auckland town centre (DL14 9TT), at the junction of the A688 and West Auckland Road.
It sits within a well-established retail and industrial area, where the surrounding environment is made up primarily of modern trade counter units and supermarket premises. National retailers such as Sainsbury’s, Tesco, Travis Perkins and Lidl all have a presence nearby, contributing to a strong commercial offering.
A number of familiar food and beverage franchises also operate in the vicinity, including Starbucks, McDonald’s and Subway. The park benefits from excellent transport connectivity, with prominent frontage onto the A688, offering convenient links to the A1(M) via Spennymoor to the north and towards Barnard Castle to the south. Once fully operational, the retail park is expected to create 500 new jobs, providing a significant boost to the local economy.
