Commercial Property News

Public inquiry over Tesco business property plans underway

Proposals for a new Tesco commercial property in Ashtead, Surrey, are currently being examined as part of a week-long inquiry into the development.

Tesco would also like to build housing on the same site as the business property, but Mole Valley District Council previously turned down the plans, the BBC has reported.

Michael Kissman, spokesman for the supermarket chain, said: "It will create more jobs for the area, more shopping choice and obviously bring good value products and our range to the town."

However, some residents have expressed fears local business property owners could be negatively affected by the move.

The BBC revealed the Save Ashtead Village Environment campaign was set up to prevent the project and members raised over £25,000 to fund a legal fight against the development.

As of May this year, Tesco owned a total of 2,482 stores in the UK, with thousands of other business properties in operation around the world.

Posted by Darren PurseADNFCR-2842-ID-19903346-ADNFCR

Thu, 22nd Jul 2010

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