Land sale follows planning permission success
Developer Forelle Estates Group has bought a one-acre site in Worcester after it gained planning permission for a petrol station and shop.
The parcel of land is part of St Modwen’s Nunnery Park development in Worcester and was originally earmarked for a car showroom at the 20-acre site. UK Storage and Edmundson Electrical have recently joined fast-food chain Kentucky Fried Chicken and family pub operator Greene King at Nunnery Park.
Jonathan Green, director of asset management at St Modwen said: “The recent deal with Forelle Estates demonstrates there is a good appetite for development in the area and is in line with St Modwen’s wider strategy of selling retail assets to reinvest into the development of industrial and logistical space.”
The 24-hour-a-day facility will include a Budgens store and a Subway food outlet and is scheduled to open next Easter. It will create 10 full-time and 20 part-time jobs.
Mike Price, managing director of Forelle Estates Group, said: “I am confident that the facility incorporating the strong brands of Shell, Budgens and Subway will be highly successful in that location.”
