Greggs tops up in Trostre

21 May 2019
  • Greggs ParcTrostre Cooke & Arkwright

Share this

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

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