PPR secures planning approval for mixed-use regeneration in Stratford-Upon-Avon
UK commercial and residential landlord
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.”
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.