Greggs tops up in Trostre

21 May 2019
  • Greggs ParcTrostre Cooke & Arkwright

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Greggs, the UK’s leading bakery and food-on-the-go retailer has opened a new shop on the site of the former Texaco fuel service station at Llanelli’s Trostre. The bakers occupy a newly built 1,250 sq ft unit at the former fuel station site, which comes with ample parking.

Huw Thomas, Director of Cooke & Arkwright’s Retail & Leisure agency, who acquired the new premises for Greggs said, “Greggs are delighted to have secured this new, well located unit at Trostre. It is an excellent example of the type of prominent retail park and roadside location which we continue to search for on behalf of Greggs, across the region. 

“Other new Greggs shops which have opened so far in 2019 include Pensarn at Carmarthen, Gwent Shopping Centre in Tredegar and extending and doubling in size the current unit in Ebbw Vale town centre.  We have also recently acquired a new shop on the Glan yr Afon Industrial Estate in Aberystwyth which will open later in the year and there are more new shops scheduled for 2019 in the pipeline.”

Greggs is steadily expanding each year as it continues to buck the high street downturn, with plans to open its 2,000th store during 2019. Last year sales topped £1bn for the first time in its 80 year history.

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.

Jason Thorne of Lambert Smith Hampton in Swansea acted on behalf of the landlord in the deal at Trostre.

Photo: Greggs manager with Huw Thomas of Cooke & Arkwright and Jason Thorne of LSH at the new Greggs

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

The Welsh Rugby Union Limited, Welsh Rugby Union Group