News: Owners plan to expand Parkgate with new foodstore
Parkgate Shopping, the 2nd largest purpose-built retail warehouse park in the UK, could get even bigger if plans are approved for a new foodstore on the Rotherham retail park.
Having acquired the park for around £60m, new owners, Columbia Threadneedle, have assessed the potential for expansion when the delayed £12m link road and Park & Ride completes later this year.
A new outline planning application has been submitted for land next to Matalan which is currently used as a Park & Ride for the tram-train.
With the relocation of the Park & Ride to a larger facility when the road opens, the new proposal is for a 20,000 sq ft rectangular unit "that is the required format of food retailers in order to provide linear aisle for convenience goods shopping."
The applicant is Sackville UK Property Select IV Nominee (1) Limited and Sackville UK Property Select IV Nominee (2) Limited c/o Threadneedle Portfolio Services Ltd.
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The plans discuss that it will be a national multiple food retailer that will be the new tenants, with the proposed store employing circa 50 full-time equivalent staff members.
No occupier is named but an analysis of the current market submitted with the application by agents, Savills, states that this size of store is popular with secondary foodstores including Waitrose, M&S and Co-op, and discount foodstore retailers including Aldi and Lidl.
As the site is classed as out of town, a retail assessment and sequential test is also included.
Sequential tests ensure that development is located in the most sustainable location first (usually in town centres), before other, less sustainable locations are chosen.
The analysis concludes that are no suitable alternative sites in nearby town centres, highlighting that vacant buildings like the Howard Building or former bingo hall on Corporation Street in Rotherham town centre do not lend themselves to retail requirements.
When assessing the potential impact of the range of convenience goods proposed to be sold from the new foodstore at Parkgate on established town centres, the applicants say that "the only centre that the proposed development diverts trade from is Rotherham town centre," adding that: "the impact on convenience goods floorspace will be 3.1%, which cannot be characterised as significantly adverse under any reasonable threshold."
The principal location in the town centre that the proposal will draw trade from is the Tesco Extra store on Drummond Street. Analysis shows that the impact of the proposal on that store is 2.8%, which is considered minimal.
New analysis puts the Tesco Extra trading at £71.98m at 2029, double the estimate of £29.6m in a 2017 study. The proposed foodstore at Parkgate has an expected turnover of £16.86m at 2029.
Applicants add that the new proposal would not have a significant adverse impact on the Forge Island or markets redevelopments.
The plans state: "The impact of the proposal on existing convenience goods retail facilities in centres is not significantly adverse. The impact of the proposal on defined centres when taken as a whole is not significantly adverse. This conclusion is not considered be unusual [sic] given the modest scale of the foodstore proposed.
"Further, the ambition for Rotherham is for the revitalisation of that centre as a leisure-led location. The proposal has no impact on this ambition.
"The proposal will enhance convenience goods provision in the local area, affording local residents a greater choice of convenience goods shopping facilities. It will provide a modest foodstore at an accessible site in close proximity to surrounding residential areas."
Parkgate Shopping website
Images: Columbia Threadneedle / Harris Partnership / Google Maps
Having acquired the park for around £60m, new owners, Columbia Threadneedle, have assessed the potential for expansion when the delayed £12m link road and Park & Ride completes later this year.
A new outline planning application has been submitted for land next to Matalan which is currently used as a Park & Ride for the tram-train.
With the relocation of the Park & Ride to a larger facility when the road opens, the new proposal is for a 20,000 sq ft rectangular unit "that is the required format of food retailers in order to provide linear aisle for convenience goods shopping."
The applicant is Sackville UK Property Select IV Nominee (1) Limited and Sackville UK Property Select IV Nominee (2) Limited c/o Threadneedle Portfolio Services Ltd.
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The plans discuss that it will be a national multiple food retailer that will be the new tenants, with the proposed store employing circa 50 full-time equivalent staff members.
No occupier is named but an analysis of the current market submitted with the application by agents, Savills, states that this size of store is popular with secondary foodstores including Waitrose, M&S and Co-op, and discount foodstore retailers including Aldi and Lidl.
As the site is classed as out of town, a retail assessment and sequential test is also included.
Sequential tests ensure that development is located in the most sustainable location first (usually in town centres), before other, less sustainable locations are chosen.
The analysis concludes that are no suitable alternative sites in nearby town centres, highlighting that vacant buildings like the Howard Building or former bingo hall on Corporation Street in Rotherham town centre do not lend themselves to retail requirements.
When assessing the potential impact of the range of convenience goods proposed to be sold from the new foodstore at Parkgate on established town centres, the applicants say that "the only centre that the proposed development diverts trade from is Rotherham town centre," adding that: "the impact on convenience goods floorspace will be 3.1%, which cannot be characterised as significantly adverse under any reasonable threshold."
The principal location in the town centre that the proposal will draw trade from is the Tesco Extra store on Drummond Street. Analysis shows that the impact of the proposal on that store is 2.8%, which is considered minimal.
New analysis puts the Tesco Extra trading at £71.98m at 2029, double the estimate of £29.6m in a 2017 study. The proposed foodstore at Parkgate has an expected turnover of £16.86m at 2029.
Applicants add that the new proposal would not have a significant adverse impact on the Forge Island or markets redevelopments.
The plans state: "The impact of the proposal on existing convenience goods retail facilities in centres is not significantly adverse. The impact of the proposal on defined centres when taken as a whole is not significantly adverse. This conclusion is not considered be unusual [sic] given the modest scale of the foodstore proposed.
"Further, the ambition for Rotherham is for the revitalisation of that centre as a leisure-led location. The proposal has no impact on this ambition.
"The proposal will enhance convenience goods provision in the local area, affording local residents a greater choice of convenience goods shopping facilities. It will provide a modest foodstore at an accessible site in close proximity to surrounding residential areas."
Parkgate Shopping website
Images: Columbia Threadneedle / Harris Partnership / Google Maps
35 comments:
Hopefully a return for M&S food, similar to the one at Cortonwood.
M&S Food would be a welcome addition to Parkgate. Hopefully this turns out to be the occupier rather than another discount supermarket given there are already several Lidl, Iceland and Aldi stores within close proximity.
Hope they add a living wall
Lovely Stuff!
Lidl or m&s food hall hopefully
The word on the street is that it is going to be a Waitrose as the organisation's directors are aware of the backlash against fast food outlets in the posher parts of Rotherham. A Waitrose spokesperson said the people of Rotherham have spoken and we have listened. We have therefore submitted plans to Rotherham Metropolitan Borough Council for a seven story food outlet, with designated areas for a lap dancing casino, tripe purveyor, pocket park, houses in multiple occupation and a special homelessness section for ex Tory members of Parliament.
Similar ventures in Chesterfield have been so successful that Rotherham single males regularly make the commute to Chesterfield in significant numbers (three).
So it's not going to be a Hooters?
Imagine spending all that time coming up with something as painfully unfunny as that.
An M&S food hall similar to the one at Cortonwood would be useful!
Well, I don't believe a word of it! Three people regularly commute to Chesterfield? Leave it out!
Wouldn't suit Mr Grumpy.
Cortonwood is owned by same owners as Parkgate. It is more likely to be M&S Food Hall than Lidl.
A more convincing story would be that M&S are aware that they have a store in Rotherham (Cortonwood), but it is referred to as Barnsley, which upsets the Rotherham folk even though majority of Rotherham neither visit or have heard of Cortonwood, and most of the visitors to Cortonwood are from Barnsley. So they are going to build a M&S Food Hall in Rotherham far enough from any borders or the S25/S26 postcodes so that it doesn't get renamed as a Barnsley, Doncaster or Sheffield store.
Imagine spending all that time...
I live around corner from. Cortonwood,worked at the pit and have always considered myself full on Rotherhamer and a miller!
You'd need an imagination first, otherwise you might end up repeating yourself
Balderdash
Why would having an imagination prevent someone from repeating themselves.?
Why would having an imagination prevent someone from repeating themselves?
That's just his imagination.
Imagine there's no heaven
Behave Jez
Imagine?
I always thought he was singing about his girlfriend Imogen
A dream you dream alone is only a dream.
Ah, Yoko knew what she was talking about.
If only!
Yoko will be remembered for ever.... as being instrumental in splitting up the Beatles.
Some of the comments on here are among the worst attempts at ‘comedy’ I’ve ever seen.
Ah, the Beano reader returns.
He's clearly not seen Michael Mcintyre then.
Come on, try and have a chuckle brother.
You don't exactly sound like a bundle of laughs yourself
To be fair Jez, Michael McIntyre is infinitely funnier than the majority of people who post on here, and I can’t stand Michael McIntyre
He's about as funny as a Downing Street lockdown party.
But it's comforting to know that we have our very own Rothbiz Chuckles.
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