Developer’s acquisition seeks to champion town centre revival

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Nottingham property company ALB Group has purchased a key retail site in Huddersfield.

The firm has acquired the 80,000 sq feet building in New Street which currently houses businesses such as Primark, Home Bargains, One Below and Ladbrokes.

It follows a number of similar acquisitions by ALB Group of underperforming town centre retail assets across the UK.

ALB says it is seeking to breathe new life into town and city centres by offering more affordable and flexible lease contracts, particularly to encourage independent, local entrepreneurs to trade alongside the larger high street chains.

The team behind the project is also keen to provide student accommodation above some of the units.

Arran Bailey, managing director of ALB Group, said: “The New Street building in Huddersfield is a major

 link source - The Business Desk

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