Sheet Anchor Evolve, part of M Core – the privately held property investment and management collective – has acquired Vicar Lane in Chesterfield, an open-air retail destination at the heart of the town centre.
The acquisition reinforces M Core’s commitment to investing in convenience-led retail and delivering long-term value through intensive asset and property management. The 202,000 sq ft scheme comprises 34 units and a 400-space car park, with a mix of fashion, food, and essential services retailers.
Vicar Lane is home to a range of national and regional occupiers including JD Sports, H&M, Superdrug, Iceland, River Island, and The Works. The scheme also includes civic space at St James’ Square and is adjacent to several major regeneration projects including the Chesterfield Waterside scheme.
Danny O’Keefe, founding partner at Sheet Anchor Evolve, said: “Vicar Lane is a well-positioned retail destination in a town with ambition and momentum. As a long-term investor, our strength lies in our ability to invest in places, work closely with tenants and local stakeholders, and use our in-house expertise to unlock value.
“This is exactly the type of asset we can evolve through intensive management – enhancing its relevance to the community and supporting its role in Chesterfield’s wider regeneration.”
Bradley Maher, Cited and Oliver Horton, GCW acted for Sheet Anchor Evolve and James Hessey, Time Retail Partners acted for the vendor.
