Posted 9th August 2021
Helping Greggs to keep the region well fed
Helping the iconic North East brand Greggs to expand and adapt to an evolving marketplace is in many ways the ideal challenge for the team at @retail. And just like their famous pasties, we have certainly risen to the challenge.
Over the past three years, our team has acquired 13 new premises for the legendary food chain, most recently at Prudhoe Retail Park and Shields Road, Pelaw. And we have 15 further prospective Greggs sites currently under offer or in negotiation, as the leading food-on-the-go retailer continues to evolve to meet the needs of the 21st century consumer.
One of the Newcastle-based food retailer’s priorities is to find more potential Drive Thru locations, such as its successful operation at Sandy Lane on the outskirts of the city. As one of the very first of the new format to be trialled, the Sandy Lane Drive Thru has proved to be highly successful following our original acquisition of the site on behalf of Greggs.
At least another three new Drive Thru Greggs stores are set to open in the next 12 months in this region alone as we work exclusively to secure further spaces that meet Greggs requirements. But the brand’s stores are popping up around the country in other non-standard locations too, bringing a taste of Greggs to places as diverse as bus stations and transport interchanges, airports, filling stations, university campuses, roadside kiosks, as well as industrial estates and retail parks.
Our director Ian Thurlbeck explains: “High street locations are well established for Greggs across the North East, so in recent years our focus has turned to finding more ‘non-standard’ acquisitions.
“There’s also a rolling programme of relocations taking place as individual high streets and other retail settings change. Many recent such moves have been to larger sites where more customer seating can be provided.
“With our support, Greggs constantly revaluates its location strategy, striving for each store to always be perfectly positioned. The opening at Pelaw was a particular success story for us as the unit encapsulates Greggs requirements perfectly, after we spent around 15 years working to secure the ideal spot in the suburbs of Gateshead.”
The ideal Greggs spot for a Drive Thru would be for a site of around half an acre to provide a building of at least 1,800 sq. ft which is easily visible from the road and with good nearby traffic flow of around 15,000 vehicles a day and plenty dedicated or shared car parking.
Other examples of new shops we’ve secured for the brand over recent years includes Peel Retail Park in Washington and South Shields Bus and Metro Interchange, both of which opened in 2019, along with Riverside Industrial Estate in Middlesbrough, which along with a relocation in Southwick, Sunderland, opened in 2018.
If you feel you have a premises that might fit the bill, please get in touch. At @retail, we advise on all aspects of retail property management and ownership, offering strategic and operational consultancy on matters such as shopping centre leasing, investment, development, and professional services.
For further information about how we can help you to grow, visit our homepage atretail.co.uk.