Sunday, April 28, 2024

Work underway to create a new Aldi and Local Centre in Nottingham

Work is underway on creating a new Aldi supermarket and Local Centre at a multi-million-pound site in Nottingham.

The 19,570 sq ft Aldi food store is expected to open this summer at the £30 million mixed use scheme at Teal Park off the Colwick Loop Road in Netherfield.

The development, which is being created by Warwick-based property company AC Lloyd Commercial and Nottingham-based Henry Davidson Developments (HDD), will also feature four 1,000 sq ft retail units, a Children’s Day Nursery and a roadside plot.

This phase is in addition to the adjoining trade and industrial park, the first phase of which is already open with the remainder under construction.

Mark Edwards, Managing Director at AC Lloyd Commercial, said negotiations were on-going with a number of companies to let the four retail units.

He said: “It is great to see work starting on building the Aldi and the Retail Parade which will bolster the amenities to serve the new residential dwellings.

“Interest is strong in the four retail units which are being developed at the same time and will be situated at the side of Aldi.

“Negotiations for some of the retail units have now entered the legal stage so we are hoping to be able to announce who will be occupying these in due course.”

Richard Croft, director at HDD, added: “We hope the amenities we are creating will be popular with the local community which is growing all the time as more houses are built in the vicinity.

“This latest phase of our development is seeing Aldi expand towards the east of Nottingham and work is on track for the food store and retail units to open this summer.”

The letting agents for the retail units are Leicester-based Phillips Sutton.

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