PPR secures planning approval for mixed-use regeneration in Stratford-Upon-Avon

June 2022

PPR secures planning approval for mixed-use regeneration in Stratford-Upon-Avon

PPR Estates (PPR) is delighted to confirm planning approval for the mixed-use regeneration of the former Laura Ashley store on Bridge Street, Stratford-Upon-Avon.

The plans sensitively repurpose the redundant office and warehouse space to create much-needed, new homes; whilst retaining 6,500sq ft class E commercial space where viable in this location.

The scheme will create a viable class E space on the High Street at the ground floor and 9 large apartments featuring private terraces, undercroft parking and a separate entrance via the courtyard on Guild Street.

Jon Caplan, MD of PPR, commented, “Town centres like Stratford-Upon-Avon suffer from having too many deep and under-utilized retail spaces after Covid. We are excited to be repurposing the uppers at this site into 9 family flats with amazing outdoor amenity space on the previously unused roof area. We also look forward to welcoming back a new class E tenant into the smaller, viable retail space shortly. This mixed-use repurposing project is typical of our Environmentally & Socially sensitive, urban regeneration work across multiple town centres currently.”

Town Centre investment

PPR owns and manages over 60 commercial and retail sites and premises in various High Street locations across England and a significant residential portfolio. We are focused on mixed-use, town centre regeneration to meet the flexible needs of modern society whilst creating value. PPR has substantial funds available for further acquisitions and investment.