PPR Announces new Gail’s Bakery opening in Chelmsford
November 2024
PPR Announces new Gail’s Bakery opening in Chelmsford
PPR Estates is excited to announce Gail’s Bakery is coming to our High Street, Chelmsford parade. The popular bakery chain has agreed a 10 year lease on a 2,230 sq ft retail unit.
Jonathan Caplan, MD of PPR, commented; “Gail’s will add vibrancy and quality to Chelmsford’s bakery and lunchtime offerings at this prime location in the heart of Chelmsford. We are proud that PPR’s strategic focus on our resilient high street portfolio continues to be rewarded with high occupancy levels and strong incomes. We are working on several other similar sites and will be announcing further new acquisitions and leases shortly”.
Our Regeneration Mission
PPR has considerable further funds to invest in similar site acquisitions. Our strategic aim is to repurpose vacant and under-utilised properties to create thriving mixed-use residential, retail, and commercial units. We also aim to balance Environmental, Social & Governance (ESG) concerns through our hands on asset management and repurposing/ redevelopment approach to regeneration.