Almscliffe-Dhesi Group (ADG) has submitted plans to Durham County Council for a new retail-led scheme on the outskirts of Peterlee.
The proposed 13,027 sq ft development, which has already attracted tenants including Sainsbury’s, Tanning Shop and Dominos, will be built on the site of the former Vauxhall car dealership off Passfield Way.
Bal Singh, co-owner of ADG, said: “It is fantastic for Peterlee that other popular national retailers such as Cooplands, Tanning Shop and Dominos are investing 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.”
Neil Creeney, co-owner of ADG, added: “It is tremendous news that a retailer of the quality and reputation of Sainsbury’s has decided to move into our planned retail centre in Peterlee. What a resounding endorsement of our development. We expect serious interest in our two/three remaining units, given the quality of retailers already signed up.”
Patrick Dunne, property director at Sainsbury’s Property Director, said: “We’re delighted to have been chosen to be part of this redevelopment project in Peterlee, allowing us to bring a brand-new Sainsbury’s Local to the area and creating new jobs. We carefully design and fit out our stores to suit the needs of local customers and we hope a new store for Peterlee will help nearby residents do more of their shopping closer to home.”
Pete Townsend, associate director at appointed letting agents @retail, added: “We are delighted to be instructed to let the remainder of the accommodation that is available. Demand for well-positioned local centres remains high. The range of accommodation available is likely to suit a wide range of prospective occupiers looking to benefit from the prominence and accessibility of the location.”
If ADG’s plans are approved the development should be completed by Christmas 2023.
