Criterion Capital to market Sutton mall for £90m

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Asif Aziz’s Criterion Capital is preparing to bring the St Nicholas Shopping Centre in Sutton, Surrey, to the market seeking offers in excess of £90m.

The 391,500 sq ft scheme will be brought to the market next week through HP Four.

Aziz’s Golfrate acquired the shopping centre for £82m in 2005.

The three floor mall, which opened in 1992, comprises 73 retail units and is anchored by Primark, Debenhams, Next, New Look and Sports Direct. It also comprises a six-screen UCI cinema.

All parties declined to comment.

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