The Co-operative Food has announced plans to open a new store in Louth.
It has agreed a deal with Metaris Properties Limited to open a store at 155-159 Newmarket, after the developer was granted planning permission for the vacant site following an appeal.
The new store will be part of a wider development of the land, close to Watts Lane, and will have a sales area of around 3,000 sq ft.
The site, the former Brown’s Car Showroom, will have two further retail units alongside the Co-operative Food store and six residential units to the rear accessed off Watts Lane.
The outlet will be in addition to the existing larger Co-operative Food store in Northgate, Louth, which will remain open.
Subject to building work progressing as planned, and to the necessary licensing being obtained, the store is expected to open early in 2014.
Stephen McDonald. Regional Acquisitions Manager for The Co-operative Food, said: “The Co-operative is proud of its record of operating at the heart of many communities. A new food store in Newmarket will create new jobs, and will complement our existing outlet in the town. We’re looking forward to building on the long tradition The Co-operative Food has of serving the local community.”
Giles Walter, a director of Metaris Properties, said: “We are pleased that the planning inspector has granted permission for the scheme and that The Co-operative Group has committed to open a convenience store on the site.”
Metaris Properties is a joint venture with the Lincolnshire based Tillbridge Developments, part of the Gelder Group, who will be building out the development.