UK DIY News
Builders Merchants Start Fit-Out On Teal Trade Park, Notts
Local press has reported that several builders merchants have begun fitting out their new stores located within the first phase of a large development site in Nottinghamshire.
The mixed-use, multimillion-pound Teal Trade Park site is located in Netherfield, off Colwick Loop Road, and is being jointly developed by AC Lloyd Commercial and Henry Davidson Developments.
Toolstation has taken a 4,000 sq ft unit on the site; Screwfix has secured a 5,000 sq ft building, and Howdens has signed a deal for a 6,000 sq ft property, which will open in the next few months.
Once completed, the £30m mixed-use site is expected to house an Aldi, a care home, a children's nursery, a public house, six further trade units and a local centre with four retail stores.
Mark Edwards, managing director at AC Lloyd Commercial, said: “This is the next exciting phase in the development of Teal Park and to be have delivered it on time and to budget, considering the impact of Covid-19 and labour and construction materials shortages, is sterling work from everyone involved.
“We expect the total number of jobs to be created on the site to reach over 340 when all three phases are completed which will give a much-needed boost to the economy as we start to re-build following the pandemic.”
Richard Croft, director at Henry Davidson Developments, said: “Following the opening of the care home earlier this year, it will be great to see Tool Station, Screwfix and Howdens open their doors to their customers and really see the area come to life.”
Source : Insight DIY
Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.