Belfast Telegraph

Greggs opening multiple shops across Northern Ireland officially confirmed

By John Mulgrew

Commercial property agent Savills has provided confirmation that bakery giant Greggs is opening multiple outlets right across Northern Ireland.

Savills, which is acting for the UK chain, referred to the company's arrival in Northern Ireland in a report on retail.

The report said: "Major hype has focused on the long-awaited arrival of bakery giant Greggs, which plans to open multiple outlets throughout the province."

The Belfast Telegraph revealed in October that the business was to set up shop here, opening as many as 50 locations.

Greggs is set to open one new store in Boucher Road, with two others - as yet unconfirmed by the firm - in the heart of Belfast city centre.

Meanwhile, Savills is predicting that due to the high level of retail demand in Belfast, there is now a lack of supply of larger retail areas, which could spur on new development this year.

Retail director Paul Wilson said the province's retail scene, Belfast in particular, is looking its strongest in five years.

He said: "Last year was a transitional year for many retailers, which has reflected positively on Northern Ireland's high street.

"Further employment and wage growth, coupled with lower energy costs, have helped consumer confidence improve to a record high and this has translated into positive retailer performances.

"Furthermore, refuelled interest has been aided by the Northern Ireland commercial rates revaluation."

Savills has also begun to expand its workforce with two new recruits to its retail team.

As well as Greggs, Savills also completed a number of other large deals in 2015 including Harvey Norman moving in to Boucher Plaza, Primark expanding in Omagh and Belfast, along with new openings by Yours Clothing.

Meanwhile, Greggs has submitted a planning application for an outlet at ground floor of Scottish Provident Building at Donegall Square West, its third stand-alone in Belfast. Greggs will just be a few doors down from top-end cake store Patisserie Valerie.

Plans were also submitted for a new shop on Royal Avenue.

Belfast Telegraph