Commercial property agent helps open new Burton retail store
Burton upon Trent commercial property agents and consultants, Salloway, has completed a letting of a prominent 3,133 sq ft (291.21 sq m) retail unit to Morrisons Daily.
The property is located at The Precinct, Main Street, Burton-on-Trent, DE13 0DZ and forms part of a long-established retail precinct in the centre of Stretton village.
Morrisons daily director Sukh Gill said: "Morrisons Daily is a growing success across the UK with some 350 owned Morrisons convenience stores and a further 150 franchised stores based on the same business model to the Stretton store we have just opened. The business model's success is attributed to a highly recognised national brand, which offers good value and high-quality products, centred on local community shopping".
"Morrisons Daily has an in-store bakehouse which produces fresh pastries and baguettes daily and the opening of this store has provided us with an opportunity of creating 16 new jobs locally. We were attracted to invest in the premises as it offered us great potential with lots of passing traffic, several local schools, and a large local residential catchment area to tap into."
"I'd like to say a personal thank you to Salloway for their efforts in getting the deal agreed for this property. I have also worked with Salloway for many years in the capacity as Landlord, using their local knowledge of the commercial property market and expertise to let properties that I own."
Salloway commercial agency surveyor, Simon Walker said: "The opening of this new Morrisons outlet will provide the Stretton community with more convenient local shopping choices. In recent times, Birds Bakery identified the precinct as an ideal trading location and subsequently opened a new outlet here also".
"We are delighted to have been involved with the letting of the Stretton retail unit to Sukh and wish him every success with this new venture."
Morrisons operates a unique vertically integrated model, producing a substantial proportion of its own meat, fish, fruit, vegetables, and baked goods from sites across the UK.
That structure has allowed it to build a sizeable wholesale business, supplying the likes of c-store specialist McColl's and online titan Amazon. In June this year, Morrisons cut the prices of almost 50 popular products by an average of 25 per cent as it seeks to bolster its appeal to hard-pressed shoppers.
Morrisons also reached the milestone of 500 Morrisons Daily convenience stores recently with the opening of the Phoebe Street store in Salford.
Morrisons has franchise partnerships with Rontec, Harvest Energy, Highland Fuels, independents, Sandpiper in the Channel Islands, as well as its own wholly owned convenience business, McColl's, which was acquired in May 2022.
There are now 350 former McColl's stores trading as Morrisons Daily with around 10 new conversions every week.
To find out how we can help with your commercial property matters, please contact Salloway Property Consultants on 01283 500030 or email burton@salloway.com.
Pictured from left to right: Salloway Agency Surveyor, Simon Walker and Morrisons Daily Director, Sukh Gill.