We recently looked at 42-46 Fargate, an existing retail unit that was formerly used by New Look. The building has been demolished and redeveloped multiple times, with the present, existing building having been constructed in the 1990s.
This was once the site of the Green Dragon Hotel, built in 1884, with R. H. Ramsden shoe and hat shop occupying the ground floor retail unit. In 1922, it was adapted to become Winchester House, the former hotel rooms becoming offices and studios. During the 1950s and 1960s, Winchester House became offices for the Provincial Insurance Company. In the 1970s, the building was demolished and replaced with a standard 1970s design.
The demise of Fargate and its pending renaissance is well documented, but here comes news that Tesco Express is to occupy the building.
The retail giant has applied for planning permission for the installation of a new realigned shopfront and new aluminium automatic telescopic sliding door, as well as new signage and rooftop plant machinery.
Tesco Express shops are convenience stores averaging 200 square metres (2,200 sq ft), stocking mainly food with an emphasis on higher-margin products, and the necessity to maximise revenue per square foot, alongside everyday essentials. They are in busy city-centre districts, small shopping precincts in residential areas, small towns and villages, and on Esso petrol station forecourts.
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