Leading northern developers Almscliffe-Dhesi Group (ADG)’s brand-new retail-led centre on the outskirts of Peterlee, Co Durham is now open – with only one unit left vacant.
ADG has transformed the disused and derelict Vauxhall Car dealership off Passfield Way into a successful local convenience retail cluster.
High-profile tenants now up and running at the 13,027 sq ft development include national retailers Sainsbury’s, anchoring the site with a 4,000 sq ft store, Greggs and Dominos, together with CVS Vets and EVC Electric Vehicle Chargers.
Only one hi-spec 1,250 sq ft unit, adjacent to Dominos, remains available to lease.
Mario Jaconelli of property consultants Lofthouse and Partners, the joint marketing agents for this development with @retail, commented: “This remaining unit is a fabulous opportunity for a local or national retailer to join a stellar line-up of occupiers at Peterlee’s newest retail park. The quality of the retailers, who are now trading successfully, is a resounding endorsement of what this popular park has to offer.”
Neil Creeney, who owns and runs ADG with his business partner Bal Singh, explained: “It is tremendous news that our Peterlee retail centre, just 200 yards from the A19, is now open. This high-quality retail development has made shopping much more convenient for local residents and we are delighted, but not surprised, that there is just one remaining unit left to let.
“The development is within walking distance for many and includes 70 car parking spaces, with a provision of accessible bays, and eight electric vehicle charging points. It was clear from the outset that many local people wanted to see the site developed and that there was definitely a demand for our retail plans in the area.”
Steph Hedger, Domino’s Director of Property Development, commented: “We’re delighted to be part of this new development in Peterlee and to have received such a warm welcome from the local community.
“Peterlee Domino’s has created valuable local employment, and the new store provides a site that fully supports our operations and the service we deliver to customers. With excellent accessibility, we’re well positioned to provide the reliable, high-quality service our customers know and love.
“We’re also committed to being a good neighbour, and our team regularly takes part in local litter picks to help keep the area clean and tidy.”
Neil Creeney revealed that the development had created at least 100 sustainable full and part-time jobs, providing a timely boost to the local economy.
Neil continued: “It was tremendous news that a retailer of the quality and reputation of Sainsburys decided to move into our retail centre in Peterlee. What a resounding endorsement of our development. We now expect serious interest in our last remaining unit, given the quality of retailers trading successfully.”
Located one mile west of Peterlee town centre, adjacent to Shotton Hall Academy and Primary School, the prominent site is within easy access to Sunderland, Middlesbrough and Newcastle.
Bal Singh added: “It is fantastic for Peterlee that other popular national retailers such as Greggs and Dominos have invested in the town, providing much-needed new facilities and jobs. This chimes in with the Government’s levelling up agenda for the north, which aims to invest in northern towns who have previously been left behind.”
