News - Midlands

M&S signs up in Glossop

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Peveril Securities, Real Estate Development Partnerships and RED Property Services have secured M&S Simply Food as the retail anchor at the 140,000 sq ft mixed-use scheme at Howard Town Mill, Glossop.

It will occupy a 20,000 sq ft unit, joining a 63-bedroom Travelodge, Wetherspoons and Dominos Pizza.

James Ridings of Real Estate Development Partnerships said: "This letting represents a huge leap forward for the scheme in terms of delivering a quality retail line up and also reinforcing and improving the retail profile of Glossop. We are very pleased with the key anchor lettings we have secured."

Planning permission has been secured for the hotel and two "changes of use" – for a coffee shop and a high street fashion retailer. Further occupier-led amendments to the approved scheme will be considered.

The scheme’s 49 apartments have been sold. Having stalled once, construction is due to restart onsite in early June with a completion of the whole scheme expected by April 2012.

Ralph Jones, managing director of Peveril Securities, said: "We are pleased to be joint developer and funder of this exciting mixed use development in our home county of Derbyshire."

 
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