Jomast makes strides in retail industry
Jomast is sweeping up in the supermarket sector as it creates nine new stores worth around £20m across the North East, North Yorkshire and East Midlands. Following the successful completion of four new supermarkets last year, Jomast Developments is set to unveil a further five high-profile stores throughout 2016.
The latest developments are worth over £14m and include a new Aldi in Washington, Tyne and Wear, a Netto in Market Warsop, Nottinghamshire, two new convenience stores and a larger Marks & Spencer Foodhall in Northallerton.
The projects will add to Jomast’s already established portfolio of supermarkets completed in 2015, which include three Co-ops in Nottinghamshire as well as an Aldi in Middlesbrough.
The 2016 stores will open up employment opportunities across England with the creation of well over 100 new jobs in total. The 18,546 sq. ft. North East Aldi will appoint 30 full-time staff and host a carpark with 93 spaces. A mixture of 25 full and part-time positions will be available at the 11,250 sq. ft. Netto in Market Warsop, Nottinghamshire which has a carpark with 70 spaces planned.
Adam Hearld, development director at Jomast, said: “We’ve been developing supermarkets for a number of years and as the sector has changed, so has our business. We have adapted as customers’ demands have changed, retailers no longer need large format stores so we’ve aligned ourselves with new requirements.
“As a business we’ve adjusted to the market, the discounters are very acquisitive and so too are some of the c-store operators and premium food retailers and we’re pleased to be working with these companies.”
After successfully completing an Aldi in Middlesbrough in 2015, Jomast was appointed to develop a new store for the company in Washington this year. A spokesperson from Aldi said: “We have worked with Jomast before to develop successful sites such as our Middlesbrough store, which quickly became a firm favourite with the local community.
“We’re looking forward to opening further new stores across the North East in the near future, creating new jobs and helping residents within the region to shop and save.”
The new Marks & Spencer Jomast is developing in Northallerton, North Yorkshire will provide a larger space that will allow the store to relocate to a larger purpose built store in the centre of the historic market town.
Rob Murray, head of property planning from Marks & Spencer said: “We’re looking forward to opening our new store in Northallerton and improving the range and services we offer to our local customers.
“The store will also include an M&S café, plus free on-site parking. We’re enjoying working with Jomast on this exciting project that will bring Northallerton the very best of M&S.”
Adam added: “2016 looks set to be a busy and exciting year for us with a host of retail, leisure, residential and comprehensive mixed use schemes under development.”
Jomast is one of the UK’s leading property development, investment and regeneration companies with commercial and residential real estate assets in excess of £250 million.
For further information contact Adam Hearld firstname.lastname@example.org