Council leaders secure presence of Sandersons Boutique Store in Stroud
6 March 2024
The owner of Five Valleys has
committed to securing the future of the shopping centre’s flagship Sandersons
Boutique Store – after council leaders pledged to explore plans to improve
Stroud town centre.
The Sandersons management team
undertook a strategic review of the store earlier this year.
At the same time, Directors at Dransfield
Properties Ltd, which owns Five Valleys, have been urging council leaders to
commit to making improvements to the public realm area outside of the shopping
centre.
Company bosses recently met
with representatives of both Gloucestershire County Council and Stroud District
Council, who gave reassurances over their commitment to improve the public
realm in the town.
As a result of the positive
talks, Directors have now decided to retain the Sandersons store in Stroud.
The shop will be downsized in
order to better serve the community’s needs as well as allowing space for
another new retailer to open at the centre.
There will be no job losses and
a number of exciting new brands will be introduced later in the year.
In addition, further details
about improvements to the street scene in Stroud will be announced in due
course.
Andrew Malley, Director at
Dransfield Properties Ltd, said: “The company had reached a crucial stage in
deciding the future viability of the Sandersons store and following positive
discussions with key stakeholders we are now pleased that Sandersons are moving
forward with works at the centre.
“There will be no job losses at
the Sandersons store and the move will also create further employment
opportunities at the new store which is set to open within the centre.
“We look forward to working
with all parties moving forward to ensure that both Five Valleys and Stroud
town centre enjoys a bright future.”
In addition to the works at
Sandersons, Dransfield Properties Ltd is pleased to announce that Sports Direct
is relocating from their current base in Union Street, Stroud to expand into a much
larger unit at Five Valleys, which will carry a full range of products.
We will be announcing further
details about the store relocation in due course.
Sandersons, which currently
covers 11, 352 sq. ft in the lower mall area and is close to the busy indoor
market, is remaining open whilst all building works take place and will
continue to host their biggest ever sale.
The reconfigured Sandersons
footprint will allow the team to focus on the store’s key brands as well as
introducing an exciting new partnership, due to be announced ahead of the
relaunch.
The new retailer taking the
additional space will also be announced in the coming weeks.
Managing Director of
Sandersons, Louise Fearnehough, said: “There are some exciting changes at Five
Valleys and new companies joining the line up. Sandersons is delighted to be a
part of that with a smaller, remodelled store which we will be launching at the
end of the month.
“We will still have a fabulous
range of the key brands which our customers love, as well as some new
innovations which we are really looking forward to announcing soon.
“In the meantime, we will
continue to run our sale with our shoppers receiving that same wonderful
Sandersons welcome.”
The stores French patisserie,
Choux Bun Appetit, will remain open throughout the works and beyond, meaning
shoppers will be able to take advantage of their exceptional cooking, excellent
coffee, show-stopping handmade pastries and savoury snacks.
Five Valleys
shopping centre was purchased by Dransfield Properties in 2018 and has so far seen close to
£30m of investment improving the main shopping centre malls, creating a
high-quality indoor food market and consolidating new medical facilities. The
regeneration project has helped safeguard and create just over 400 jobs.
To keep up to date with news and events at Five Valleys visit www.fivevalleysstroud.co.uk
ENDS
Pictures show the pavement outside Five Valleys.
For further information, contact:
Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644
Email: admin@dransfield.co.uk