New business opportunities arise at key strategic site

New business opportunities arise at key strategic site

Date published: 19 February 2018
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West Lindsey District Council is working with Lincolnshire Co-op to find a suitable business use for the former Oldrids site in Gainsborough Town Centre.

Oldrids, which closed last month, occupied a central position in Gainsborough’s historic Market Place.

Cllr Sheila Bibb, Chairman of the Prosperous Communities Committee at the council said: “We have an ambitious Invest Gainsborough strategy which seeks to make the town an attractive place to live, work and visit.

“This site offers a unique opportunity for both large and small retailers to create a modern and diverse offer in the centre of town.

“We would welcome discussions with potential users to see how they can work with us as part of our wider plans for the continuing regeneration of the Market Place and Market Street, which will result in a major expansion of employment in the local area.”

The unit is owned by Lincolnshire Co-op, which continues to run the post office and the popular Lincolnshire Co-op travel branch at the site. These two services are now accessible from the Lidl side of the site.

Spokesperson Emma Snedden from Lincolnshire Co-op said: “We are happy to work with the council to help find an alternative use for this prominent site in Gainsborough.

“Through our agents, Banks Long and Co, we aim to bring new valued services to the town. There has been interest and we are discussing ideas about how the site could be better utilised in the future.

“We are committed to Gainsborough and have seen success with our project to develop the Lidl site behind the Market Place.

“We identified that the former car park between Marshall’s Yard and the Market Place was a barrier to allowing people to move between both areas of the town centre. We’re pleased that the new Lidl improves those links, creating a clearer route between the two.

“We have also invested in our other services in the town and the surrounding area in recent years for the benefit of our customers and 8,500 members. These schemes have included the refurbishment of our food store in Morton and our funeral home in North Street, plus the build of a new food store at Heapham Road.”

In addition to West Lindsey District Council’s work around the Market Place, the council is currently in the process of procuring a development partner to take forward substantial redevelopment to transform the riverside area and in so doing, drawing more visitors to the town centre

This is an integral element of the Council’s exciting plans for Gainsborough’s future, which include a £1.8 million bid to the Heritage Lottery Fund for a Townscape Heritage Initiative and a Shopfront Improvement Scheme. Both aimed at restoring the historic environment of the town centre.

This is complimented through exciting plans for a bid to the European Regional Development Fund for Gainsborough Green Corridor, which, if successful, will improve the quality of local green spaces, ensuring improved living standards for all.

Cllr Bibb added: “Whilst uses of different buildings are changing which is beyond our control, we need to remain positive and think about the developments that are taking place in the town centre. 

“The new Lidl store has opened and improved linkages to the town centre from Marshall’s Yard. Construction is well underway for the new Travelodge and ground floor restaurant, which will address a substantial demand for hotel accommodation in Gainsborough. This will represent a significant boost to our local visitor economy, allowing increased numbers to access the Lincolnshire Wolds, Gainsborough Old Hall and the augmented heritage offer in Gainsborough Town Centre.’’

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