Contracts exchanged with Tesco to come to Five Valleys
19 October 2023
Halfords closed their doors for the final time last week at Five Valleys in Stroud, making way for a brand-new Tesco Express convenience store.
Tesco have committed
to the town for 15 years taking the 5,249 sq ft unit on Merrywalks Road. Their fit-out
works will begin on 11 November, ready for the store opening early next
year.
Tesco are
investing £1m in to the new unit creating 20 new jobs for the area and playing a key
role in supporting the local community.
Halfords
employed a team of just nine people, six of those have been deployed to the Halfords
branch in Gloucester.
The new store will be accessed from Merrywalks Road and offer free parking for up to 16 cars
located right outside the store.
Managing
Director of Dransfield Properties, James Shepherd, said: “We are delighted to
be working with Tesco to bring a convenient food offer to our local community,
along with creating a number of new jobs for the area.”
Five Valleys
shopping centre was purchased by Dransfield Properties in 2018 and has so far
seen close to £30m of investment improving the main shopping centre malls,
creating a high-quality indoor food market and consolidating new medical
facilities. The regeneration project has helped safeguard and create just over
400 jobs.
The shopping
centre is open seven days a week as well as hosting a late-night food market on
a Friday with live music. The centre is also proud to provide several free
community events throughout the year to complement its family leisure offer at
VUE and Stroud Bowl.
For more
information about what’s happening at Five Valleys visit the website www.fivevalleysstroud.co.uk.
ENDS
For further information, contact:
Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644
Email: admin@dransfield.co.uk
