Built in the 1930s, the Elder Way web site, boasts a mock-Tudor frontage and beforehand hosted the Co-op division retailer. Now it is likely one of the key developments inside Chesterfield Borough Council’s £60million Northern Gateway Scheme.
A Premier Inn resort already occupies the higher two flooring of the constructing the place it has been efficiently working since 2019. Recently Premier Inn proprietor Whitbread reported that its first-quarter gross sales got here in forward of final yr’s figures, supported by robust demand for journey and leisure and strong efficiency of its UK motels.
On the decrease flooring, Jomast, a property development firm, has reworked the previous Co-op right into a landmark mixed-use leisure scheme comprising seven street-level models and a 16,285 sq. ft. basement. The web site is being marketed to foods and drinks, and health club operators in addition to retailers.
This week, Jomast has appointed FHP as an official joint agent of Elder Way FHP. is the dominant retail and leisure agent inside the Midlands, with workplaces in Nottingham, Birmingham and Derby, and has received the EGi East Midlands Most Active Retail Agent award for the final 13 years. FHP will now work alongside WSB Property to collectively market the Elder Way scheme nationally to potential occupiers.
There are presently quite a lot of leasing alternatives out there on the 21,761 sq ft scheme, from smaller E Class and Sui Generis Bar models of 1,420 sq. ft. upwards to bigger models of as much as 4,704 sq. ft.
Alan Pearson, Director and Head of the Retail and Leisure at FHP commented: “We are pleased to partner with WSB Property to introduce Elder Way to a wider audience across the East Midlands the units are suitable for a variety of uses following the change of the use class order which opens this up to office and clinical use, alongside the traditional retail and leisure use.”
Mark Hill, Commercial Property Director of Jomast, added: “We’re committed to creating developments and regenerating properties that have a transformative effect on towns and cities and Elder Way embodies this. It is a pivotal site both in the town centre and the Northern Gateway scheme in Chesterfield.”
