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Five Valleys sees largest growth yet since refurbishment began

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Five Valleys in Stroud has witnessed a remarkable year during 2023 achieving huge growth in visitor numbers and welcoming a host of new businesses to the centre.

Throughout 2023, the shopping centre attracted an impressive number of visitors, marking an increase of 4.5% compared to 2022 – despite tough trading condition on the high street and economic uncertainty.

2024 begins with only three vacant units and several businesses are celebrating entering their sixth year in business, supporting more than 400 jobs.

The centre was developed and continues to be managed by South Yorkshire-based regeneration specialists, Dransfield Properties. Managing Director, James Shepherd, said: “We’re proud of our ongoing work in Stroud. We have delivered what we promised in terms of beautiful architecture, a mix of uses including residential and office space, accessible medical facilities and a quality food market providing independent businesses a space to set up a new venture and grow.”

More services will join the centre with the opening of the County Council’s library this year.

More than £30m investment has been made to the centre during its refurbishment with more to follow with the completion of the programme.

Tesco will be opening their express store in February and two new national names will be announced soon, filling the void left by Wilko.

The success of the recent Christmas shopping season at Five Valleys has highlighted the shopper’s desire to shop in physical stores and not just online.

Centre Manager at Five Valleys, Jack Simpson, said: “We’ve built a fantastic community of local artisans and producers that sit well alongside our larger high street names. We know how important it is to the Stroud community to support local and champion the town’s independents, so we hope that support continues throughout 2024.”

With just three units remaining, as well as office space availability from Easter, anyone interested in finding out more is encouraged to contact Olly Jansen at olly.jansen@dransfield.co.uk.

For more information about Five Valleys and to see what the centre has planned throughout 2024 visit www.fivevalleysstroud.co.uk.

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