Wednesday, March 26, 2014

News: Iceland set to join Aldi at Parkgate

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Iceland, one of Britain's fastest-growing retailers has agreed terms for a new store in Rotherham, at the recently approved 51,000 sq ft retail development at Parkgate.

Land owners, Ron Hull, the Rotherham recycling experts, teamed up with Leeds-based developers, Gregory Projects last year to bring forward a potential retail development on the site of a former car showroom at Great Eastern Way.

Planning permission was secured earlier this year for six units with Aldi taking the largest unit at 16,544 sq ft and Iceland taking the adjacent 7,000 sq ft unit.

A third unit, sized 7,500 sq ft, is already under offer with an unnamed national retailer. Work is expected to start on site in Autumn 2014 with completion in Spring 2015.

GVA is the agent for the scheme.

Iceland Foods, which started out in 1970 selling loose frozen food in Shropshire, opened its 800th UK store at the end of 2013 and have opened a total of 145 net new stores over the last four years, creating more than 4,000 new jobs. The operator, which has one Rotherham store already, at Eastwood, is on track to exceed a target of adding a further 40 new stores in the financial year.

Iceland's growth in store numbers is only topped by Aldi. The UK arm of the German retailer recently opened its 500th store, having not had any before 1990.

Along with the new store at Parkgate, Aldi recently submitted plans for a proposed new store on land currently occupied by lighting and conservatory retail units on Bawtry Road at Bramley.

A planning application has also recently been submitted for another Aldi store as part of a new mixed use regeneration scheme for the site of the council depot and Lantern Engineering Ltd at Muglet Lane in Maltby.

The new build, 10,700 sq ft, store is set to "deliver significant investment into the local economy and deliver approximately 40 new job opportunities within Maltby." It follows on from planning permission being secured for a new Aldi on council owned land at Swallownest.

Aldi website
Iceland website

Images: Gregory Projects

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