Greggs to open first drive-thru site in Wales

16 March 2021
  • Greggs 1st drive-thru in Wales site acquired by Cooke & Arkwright
  • Greggs 1st drive-thru in Wales site acquired by Cooke & Arkwright

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Greggs is to open its first drive-thru outlet in Wales in summer 2021. Cooke & Arkwright’s Retail & Leisure agency have recently agreed terms and have exchanged contracts on a new-build site on Fabian Way, Swansea and construction work is now underway. It is expected to open in July.

The new Greggs drive-thru is the first in Wales following a handful of successful pilots in England.

Steve Jones, Estate Surveyor at Greggs said, “We anticipate that our drive-thru sites will become popular with busy families and people on the go. It is a resilient formula in general and has proven to be especially convenient for people during the pandemic restrictions. We are delighted to be bringing drive-thru’s to our customers in Wales with the first scheduled to open in Swansea in July.”

Huw Thomas, Director of Retail & Leisure at Cooke & Arkwright said that and in addition to Fabian Way, Swansea, Greggs have exchanged on two other locations in Wales.  Huw said, “The drive-thru model is quickly becoming part of Greggs’ continuing expansion plan in Wales. We have been sourcing highly visible plots with good accessibility in prominent roadside locations as well as on established retail, business and industrial parks. We are pleased to confirm that we have secured the first three drive-thru sites in Wales with more in the pipeline.

“In addition to the new drive thru’s, we have also exchanged on several new shop openings for both 2021 and 2022 at Cross Hands Business Park; Brynmawr Retail Park; Mariner Street, Swansea; Cymmer Road, Porth; and Newport Retail Park, with many more currently in solicitors’ hands.”

Cooke & Arkwright secured new shop openings for Greggs in 2020, most of which were on non-high street locations in Cardiff, Barry, Pengam, Cwmbran, Pontyclun, Merthyr, Mumbles and Chepstow.

Greggs now occupies high streets, retail parks, shopping centres, industrial estates office and business parks, shops in travel hubs, motorway services, Universities, and busy roadside locations with parking.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP