News

Aldi open at Royston Gateway

21st February 2019

The new ALDI store is located next to the new M&S Foodhall at ‘Royston Gateway’, a multi-million pound development on a 30 acre site between the A505 and the established Royston Business Estate to the north of the town centre.

The ALDI store is circa 18,800 sq ft and the M&S Foodhall circa 11,000 sq ft and they share a 170 space customer car park.

Construction work is soon to start on the next phase which will include a coffee drive thru, trade counter, non-food retail and hi tech business units.

Royston Gateway is being developed by Kimberley Developments Ltd, a long established independent property company specialising in food store developments.


Knight Retail Park, Saffron Walden, fully pre let

21st January 2019

Pure Gym are the latest occupier to sign up on the new Knight Retail Park on Thaxted Road, Saffron Walden, Essex, CB10 2UR.

Knight Retail Park will be the first retail park in Saffron Walden and pre lets have been signed with B&M Home Store for a 22,000 sq ft unit with a garden centre, Pets at Home for a 6,000 sq ft unit, Costa for an 1,800 sq ft café and Pure Gym who will be taking the last unit of 7,000 sq ft, which means the scheme is now fully pre let 4 months before opening.

The Knight Retail Park will be located adjacent to the existing Aldi store on Thaxted Road (B184) to the east of the town centre, which opened in 2016.

The site is owned by developer, Granite Developments (Saffron Walden) Ltd, who have appointed Mitchell Design & Construction as contractors. Completion is scheduled for May 2019.


Stowmarket store sold to Mid Suffolk District Council

9th January 2019

A vacant retail store and car park, owned by Aldi Stores Ltd, in Gipping Way, Stowmarket, has been bought by Mid Suffolk District Council, which will now operate the car park and find a new tenant for the building. Most recently occupied by Poundland and before that 99p Stores, the store has been vacant for the last 18 months following 99p Stores Ltd being placed in Administration.

Cllr Nick Gowrley, leader of Mid Suffolk District Council, said: “This purchase is a significant step in our aim to support the economic development of the town.

"There have been concerns about the future of this key site, but we are committed to making it more viable for local businesses and enables us to operate the car park effectively."

The purchase is part of the council's Vision for Prosperity for the town – a five-year action plan to revitalise the town centre and attract more businesses and visitors.

David Blackburn, Stowmarket Town Council clerk, welcomed the news.

"We support the steps that are being taken by the district council to stimulate economic activity, including the purchase and re-use of the premises formerly occupied by Aldi," he said.

"Stowmarket is a fast-growing town and we welcome proposals such as this, that seek to support enterprise and employment."

The store measures 12,271 sq ft at ground floor and the car park provides 76 spaces.

Fenn Wright and MP Real Estate are instructed to secure tenants.


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