Peel Announces £5m Investment Plans For Washington Retail Park
Following Lidl getting the green light for a new supermarket at Washington Retail Park, Peel Land and Property has announced its wider plans for a full revamp of the Sunderland Highway site.
More than £5 million is being invested in the redevelopment and refurbishment of the existing retail park with planning permission granted for three refurbished units and an additional 46,600 sq ft of retail warehouse development, in addition to the new Lidl supermarket.
More than £5 million is being invested in the redevelopment and refurbishment of the existing retail park with planning permission granted for three refurbished units, in addition to the new Lidl supermarket, providing an additional 4,567 sq ft of retail space to the park. This includes an additional food retail unit, a non-food retail unit plus a unit with consent for use as a coffee shop or sandwich shop.
Roger Wheeldon, Director of Development at Peel Land and Property, who own and manage Washington Retail Park, said: “The new Lidl supermarket forms part of our wider investment in Washington Retail Park and our plans for a full transformation of this site, including the refurbishment of existing units and a revamp of the overall look and feel of the retail park.
“Washington Retail Park is perfectly placed for excellent development opportunities and with our £5m investment and a number of exciting new retailers in the pipeline, we look forward to evolving this site and creating a very attractive new offering for the local catchment.”
Peel’s investment in the retail park will include new cladding on existing units, new signage, glazing and store entrances, plus a full redesign of the car park with new landscaping to complete the scheme.
Lidl will join existing retailers existing retailers at Washington Retail Park including B&M Bargains, JD Gyms, Franks Carpets and McDonalds. The new supermarket and refurbished park will open in Summer 2019.