MEMBER NEWS
New owners see a bright future for shopping village
Peak Shopping Village has been bought by the Devonshire Property Group (DPG) – which says the outlet centre has “exciting potential.” The company has acquired the site, located in the village of Rowsley
on the edge of the Peak District National Park, for an undisclosed sum with the intention of growing customers and jobs through a fresh approach based on its local expertise. DPG is a part of the Devonshire Group of companies that represent the
interests of the Duke and Duchess of Devonshire. These include nearby Chatsworth House, as well as Bolton Abbey in Yorkshire and Lismore Castle in Ireland.
‘Peak Shopping Village has exciting potential and we see a bright future for jobs and growth’
The company will work with the existing management team to
improve the site, with immediate actions to include essential repairs and redecoration. Lord Burlington, the Duke of Devonshire’s son, said: “Our team has the
experience and expertise to help to reinvigorate Peak Shopping Village so that it's a better experience for shop owners and those who use the office space. “We are determined to make it the best it can be, both for our local
communities and for the experience of visitors to the area. For us, it’s an exciting, long-term investment in Derbyshire, at the gateway to the Peak District National Park and the Chatsworth Estate.”
By revitalising the customer experience at Peak Shopping Village, with
more units occupied and stronger marketing, DPG aims to boost footfall for the benefit of all occupants. More than 30 shops currently operate at Peak Shopping Village, which
employs between 80 and 100 people. National names such as Pavers Shoes, Leading Labels, The Gift Company and Regatta operate alongside independents such as The Woolroom. The site hosts events year-round, including regular “Makers Markets” showcasing the talent of local artisans, and its flagship “Peak Festive Spectacular” at Christmas. DPG views the purchase as a long-term investment and an opportunity
to create both a local retail outlet for the community and an exciting retail leisure destination for visitors to the Derbyshire Dales. Stephen Vickers, CEO of the Devonshire Group, said: “We believe Peak Shopping Village has exciting potential and we see a bright future for jobs and growth. “Our ultimate aim is for the site to realise its full potential as an important contributor to the fabric of the local economy, and we will be developing our plans for achieving this in the coming months.”
business networkMarch 2021
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