Dovey Group announces pre-lets at Newport Retail Scheme

A string of top retail names have signed up for space at a major new development by South Wales-based Dovey Estates recently completed on the outskirts of Newport city centre.

Fast-food giant Domino’s Pizza is the latest leading occupier to secure space at the 18,000 sq ft scheme, which has been completed at Malpas Road to the north of the city.

Domino’s Pizza joins other top occupiers Tesco, Bathstore.com, Carphone Warehouse, Ladbrokes and The Leather Sofa Company.

It leaves just three of the nine retail units to let, with agent EJ Hales of Cardiff reporting string interest in the space on the back of the earlier blue-chip lettings.

“We are delighted that the tenants are multiple national retailers which have taken space in the knowledge that this is an excellent location,” said Mike Baroth, Managing Director of Cardiff-based Dovey Estates.

Philip Gwyther, Director of EJ Hales, said, “This is a very high standard retail development on a site that enjoys a very high level of passing traffic, hence the strong interest shown to date. Remaining units offer upwards of 1,216 sq ft (113 sq m) but we envisage that they will be taken up very quickly.”

Steve Tyler, Regional property manager of Domino’s Pizza, added, “We are currently seeking a significant number of new sites in the South Wales area to help maintain the growth of our international brand. Malpas Road suits our needs perfectly because it is surrounded by a large catchment area yet enjoys excellent transport links.”

Dovey Estates is a member of the Cardiff-based Dovey Group that was established more than 30 years ago by current chairman Mr Leonard Dovey. It is currently engaged in a range of major commercial developments in South and West Wales and the West Country.

These include more than 90,000 sq ft of campus style offices at Neptune Court, Cardiff Bay, where a third and final phase is due to begin shortly, The Link Trade Park, Cardiff, a flagship site for The Dick Lovett Group; the 19-acre mixed use redevelopment of the former Dairy Crest creamery site, Carmarthenshire; and a planned 45,000 sq ft retail development at Burrows Yard, Aberavon.