Seven street-level retail units located on a pivotal site in Chesterfield town centre have been completed by urban regeneration specialist Jomast Developments and are now ready for tenants.
Elder Way, a former Co-op department store in the north Derbyshire town, has been transformed into a landmark mixed-use leisure scheme by Jomast. The site boasts a hotel on the upper floors and now, retail units on the ground floor. Each of the units has been boarded out and painted, creating a blank canvas for new tenants.
Jomast acquired the famous 1930s Mock-Tudor building in 2016. It has since developed it into hotel accommodation and the new retail units which are targeted at food and drink operators. The new units complement the upper two floors of the four-storey building which have been operated as a 92-bed Premier Inn hotel since 2019.
Mark Hill, development director at Jomast, said: “The transformation of the iconic and characterful former department store in Chesterfield has been a labour of love that has created a vibrant new leisure quarter for the town of which we are immensely proud. Interest in the units has been strong and we hope to welcome tenants soon.”
The transformation of the street-level units, all with glazed frontages, was completed in October, offering prospective tenants a flexible and blank canvas for their business. The units, which range in size from 1,420sq ft to 16,076sq ft are targeted at food and drink businesses. Additionally, there is 16,285sq ft of gym/D2 space in the basement of the building.
Hill added: “The position and location of the site at times has been challenging but our ongoing collaboration with Chesterfield Borough Council has enabled us to create a premium and attractive business address on Chesterfield’s high street.”
Elder Way sits within the recently completed £19.9m Northern Gateway regeneration scheme which comprises a new multi-storey car park, the Northern Gateway Enterprise Centre and large-scale public realm improvements.