Overcast

Overcast

max temp: 12°C

min temp: 9°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

The Dijksgracht, the largest vessel ever to call at the Port of Ipswich, passes under the Orwell Bridge.

The largest ever ship to call at the Port of Ipswich has passed under the Orwell Bridge – with less than half a metre to spare.

Bentwaters owner Sarah Brown (right) speaking with industry insiders at the Screen Suffolk launch in London

The Screen Suffolk deal which aims to bring film and TV productions to the county was officially launched at an exhibition in London on Tuesday night.

An artist's impression of Sizewell C

Community leaders who met to discuss Suffolk’s latest nuclear power station proposals have agreed its developers need to offer a better deal for the county.

Sports Direct founder Mike Ashley outside the group's headquarters in Shirebrook, Derbyshire.
Photo: Joe Giddens/PA Wire

First half profits at embattled retailer Sports Direct have taken a pounding following the fall in the value of sterling – but that has not stopped the firm, led by billionaire owner Mike Ashley, splashing out on a new corporate jet.

IPRS Healthcare group chief executive Martyn Jackson speaking at the launch in London of the company's new app for virtual consultations with its team of physiotherapists.

An award-winning Suffolk healthcare firm has unveiled an app to help people injured at work or in road accidents to access quick and effective physiotherapy advice via a smartphone or tablet.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24