The Grand Central Leisure ParkEdit profile
Grand Central Stockport is a retail, entertainment and leisure complex in Stockport, Greater Manchester. It is located within the boundaries of the town centre and adjacent to the town's railway station. The complex contains a mixture of entertainment, leisure, retail and food venues, complementing the offering in other parts of the town centre. The more notable parts of the complex include the Grand Central Pools and Leisure Complex, a Cineworld Cinema and a Tenpin Bowling and Quasar. It was owned by Norwich based private property company Targetfollow, who acquired the complex for £10.8m in 2004. In January 2011, after lack of progress on the development scheme, Stockport Council purchased the complex.Facilities
The Grand Central Pools have the only 50m Swimming Pool in Stockport, and are operated by Serco Leisure on behalf of Stockport Sports Trust. In 2008 the pools were named as a British Swimming Intensive Training Centre, one of only five across the United Kingdom. They may be used by visiting Olympic nations as a training base before 2012. In addition the Stockport Metro Swimming Club are based at the pools. Former facilities include a Club Heaven and Hell nightclub, which closed in 2006 after the chain went into administration and the premises were reclaimed by Targetfollow.
The centre contains three separate car parks, all containing different tariffs. Some are in place to provide extra parking for rail users, with all day and longer stay tariffs, however the majority of space is for those using the complex.Redevelopment
It was announced in February 2007 that the complex was to be redeveloped by then owners Targetfollow, at an estimated cost of £100 million.The development was to have been completed by 2010. The proposals were designed as a part of Stockport Council's Future Stockport masterplan. The redevelopment plans have been put on hold following the financial crisis, as of 2010 development has not commenced. The redevelopment plans include construction of a multi-storey car park, adding of a more significant retail element to the complex and a Travelodge hotel. In total the redevelopment will add 400,000 sq ft (37,000 m2) to the scheme and nearly triple the car parking spaces to 1,500. It will also include 200 residential apartments and improved Public Spaces. The planning application was submitted in July 2007.The planning application was successful and outline planning permission for the entire scheme was granted.
In July 2010 the then owners of the complex, Targetfollow narrowly avoided going into administration, after loans exceeding £200m provided by Lloyds Banking Group, expired. In total the companies debt in July 2010 was estimated at around £700m.
In January 2011, Stockport Metropolitan Borough Council purchased the complex, citing lack of progress on the redevelopment scheme. It is likely that under local authority ownership the redevelopment scheme will go ahead.