RHYL’s Marina Quay is on the market for offers in excess of £17m.

The Journal reported earlier this week that the shopping park, which was constructed in 2017 by Scarborough Development Group, comprises over 105,000 sq ft of prime retail warehouse units, and is located adjacent to the popular tourist attraction, Marine Lake in the seaside town of Rhyl.

The scheme is anchored by a 18,651 sq ft Aldi store, as well other established retailers including B&M, The Range, Farm Foods, Batch Ice Cream Parlour, Greggs and OneBelow. There is also 659 car parking spaces.

Commercial real estate agencies Allsop and Knight Frank have been appointed as joint agents on the sale.

Jack Abou-Jaoude, Senior Development Manager at SDG, said: “Out of town retail has performed exceptionally well throughout the Covid-19 pandemic and Marina Quay is no exception.

“Over the past four years it has established itself as one of the most successful retail parks in North Wales and, given that it is almost fully let to a wide range of well-known tenants, we are anticipating extremely high levels of demand from a variety of purchasers.”

Councillor Joan Butterfield, of Rhyl West ward, said: “I didn’t know this site was for sale. It is a little concerning at this uncertain time. Recovering from a pandemic is hard enough without large development sites being put on the open market.

“If there is a buyer and the financial fine balance is tipped, it could be a very difficult time for all the traders large and small.

“I’m sure there will be long term tenancies in place to warrant the investments made by all tenants, hopefully along with tenancy agreements there will be rent controls in place,” she added.

“It would be a very sad result if this sale interferes with the expectation being lowered after being given planning permission to develop a shopping park in what was a high profile site to the entrance of Rhyl.

“I hope the sale will not interfere with the overall regeneration program of Rhyl.”

Gareth Davies, MS for the Vale of Clwyd, told the Journal: “I was surprised to see the Marina Quay Retail Park going up for sale given the success the site has had in the past few years in attracting new stores and creating lots of local jobs.

“I’ll be interested to see the reasons why the site has gone on the market and to determine their long term future ambitions to ensure the continued success of the retail park in being able to attract leading retailers and provide good sustainable jobs for local people.”

Residents took to the Journal Facebook to give their thoughts on Marina Quay being placed on the market.

June Williams said: "Here we go again, they selling up again. When will our town be better? They should of built another fair there as people miss it so much."

Sam Rickett said: "Well if this is one of the 'most successful' retail parks in North Wales I would hate to see the state of other retail parks."

Ann Barham posted: "Love Marina Quay, do my shopping at Aldi's and Farm Foods. Don't drive and cannot walk too far so its handy for me and a coffee at Greggs. But we could do with something more for children like a ice ring or trampoline hall."

Jayne Broster said: "It original plans were fantastic waterside apartments smaller shops and coffee shops.

"It would of had a buzz about the place instead of the mess it is. Nothing to draw you there."

Adam Finnigan wrote: "Our town is in desperate need of some good attractions to bring the tourists back at least then other investors would get involved."