Partly Cloudy

Partly Cloudy

max temp: 18°C

min temp: 15°C

ESTD 1874 Search

Framlingham: Demand for retail units outstrips supply in Market Hill area

08:27 02 April 2014

Framlingham Market Hill

Framlingham Market Hill

Commercial estate agents in a Suffolk market town say retail demand is outstripping supply as businesses clamour for space in prime locations.

Oliver Johnson, who heads up the residential, development and commercial team at Clarke and Simpson in Framlingham, has reported “high demand” in the Market Hill area of the town.

“The deal is done as soon as a unit goes on the market –that’s where the demand is, that’s were the footfall is,” he said.

Mr Johnson said the retail interest was less pronounced in other areas of the town and suggested the creation of another “shopping hub” to spread the demand.

Christopher Hudson, a district councillor in Framlingham, also reported a booming retail market.

“Since we started slowly creeping out of the recession, there’s more activity and a growing demand in Framlingham,” he said. “I’ve spoken to various agents in the town and it seems there are a lot more commercial opportunities being looked into.”

Mr Hudson said many people in the town had been speculating over whether a new supermarket would be forthcoming and felt that 
there was “increased pressure” on the“infrastructure retail”.

The Neighbourhood Plan Steering Group, which carried out a recent residents’ survey, will be conducting another study looking into the town’s retail market, having 
heard similar comments 
about demand exceeding supply.

Search hundreds of local jobs at Jobs24

0 comments

Save the Duke campaigners.

Local farmers have got behind a bid to save an historic village pub.

The George Inn, Wickham Market

Community leaders are pushing for the compulsory purchase of a fire damaged Suffolk pub to save it from being torn down.

Rob Legge, chief executive of Servest.

Facilities management group Service is to create up to 50 new jobs with the opening of a new customer contact centre at its headquarters near Bury St Edmunds.

Neil Farrow, organiser of the Ipswich Gin Festival

Ipswich is set to get its own gin festival next year, with dozens of food and drink companies set to get on board.

The owner of Frankie & Benny's is to review its offer in a bid to win back trade lost following price rises.

The struggling owner of restaurant chains Frankie & Benny’s and Garfunkel’s is to close 33 under-performing sites after posting a loss for the first of the year.

HOT JOBS

Show Job Lists

Most read

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24