Property firms announced further investment in Selby town centre

Property firms announced further investment in Selby town centre

31 October 2019

The award-winning South Yorkshire property company Dransfield Properties has announced a major £450,000 investment in Selby town centre.

Dransfield Properties own and manage Market Cross Shopping Centre which the company bought in 2005 and has made a number of major improvements over the last 14 years and attracting a host of new retailers to the town.

Now the development team at Dransfield have unveiled exciting new plans to bring eight brand new, high-spec one and two bedroomed apartments to Market Cross. 

This major investment project also involves some asset management of some of the retail space at the centre – giving more prominent space and higher footfall to some of the local businesses.

This latest investment follows a £1.126m joint venture redevelopment at New Lane, adjoining Market Cross, which was completed in November 2017 – this phase of works created three new retail units as well as three new apartments which are all now occupied.

The development is anchored by Home Bargains and other national names include Costa Coffee, Savers, Yorkshire Bank and EE. A host of high quality local companies are also part of the Market Cross retail line up. 

The Selby town centre scheme has continued to buck the national trend and attract new businesses to the centre. Two new retailers are to open their doors on Friday 1st November – Nationally renowned stationary shop The Works and a new independent business The Greengrocer.

Existing retailers have also expressed their confidence in the town, with Yorkshire Bank renewing their lease for a further 10 years – against a back-drop of high street bank closures across the UK. 

As part of the new development Hair Innovations is being relocated to a prime ground floor unit – freeing up their former salon as part of the new residential development. The salon has been based at Market Cross for more than 30 years.

Managing Director of Dransfield Properties, Mark Dransfield said: “Selby is a great town and we have always been incredibly proud to be a major investor in the town, we have really seen the area grow and develop in the years we have been involved with Selby and are delighted to be announcing this further investment. 

“Town centres are constantly changing and evolving, and this new development brings an exciting mix of different retailers as well as some beautiful new town centre apartments in the heart of Selby which we will be looking forward to releasing in the 2020.”

For more information about Dransfield Properties visit www.dransfield.co.uk 

For further information, contact:

Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644
Email: pr@dransfield.co.uk