Alan Hay’s Alaska Property Group has just commenced construction on a new “retail terrace at Anchorage Avenue, Shrewsbury Business Park, Shrewsbury [SY2 6FG], [sketch elevations attached]. To include a 3,000 sq ft convenience store for Co-op Food and three further units it is expected that the shops will be trading by October of this year.
Providing about 10 new jobs at the Unit the convenience store is part of a major expansion by Co-op Food into this sector, reflected in their most recent trading results which show an increase in Food Group profits of 3.3% and the opening of just under 100 new outlets last year. The Coop announced that the store on the Business Park will be one of the first to reveal their new signage and branding.
Alan said “I have been trying to reach the point where we had sufficient employees on the Park to support a retail strip and I am delighted at last to be starting work on this much needed facility, with Co-op Food having a wide ranging offer that will also service the neighbouring housing areas and those using the nearby A5 and A458 roads.”
One of the other units is already under offer and Cooper Green Pooks who acted for Alaska in the letting of the units are also seeking tenants for the remaining shop in the block which has a total area of about 154 sq m (1,654 sq ft) and could be split as two units.
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Further information:
Shrewsbury Business Park is a major office development on the eastern side of Shrewsbury promoted by Alaska Property Group in partnership with Shropshire Council. The Park currently provides workspace for over 1,000 people. A new phase of development is under way with additional new office buildings to be built over the course of the year to complement the existing occupiers which include NHS, Shropshire Council, Greenhous, Whittingham Riddell, Brewin Dolphin Handelsbanken and NFU Mutual.
For further details contact Charles Howell at Cooper Green Pooks
01743 276644 cth@cgpooks.co.uk
Alan Hay at Alaska Property Group 07850 787 676 ah@alaskagroup.com.
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