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Work on Premier Inn and leisure development in Yeovil starts
4:56pm Tuesday 1st April 2014 in News
A LEISURE development in the centre of Yeovil will boost the town and create more than 100 jobs, the construction firm Peveril Securities says.
Work on the new Premier Inn-anchored development on Middle Street started this month.
In addition to a new 80-bedroom Premier Inn and linked Beefeater Restaurant, the project will provide space for three more restaurant units.
Collectively, this represents a total of 17,000 sq ft of new restaurant space across the four restaurants and is expected to deliver a significant boost to the town’s economy.
The Premier Inn and Beefeater Grill will create approximately 50 new jobs with the potential for a further 60 new jobs across the three additional restaurants.
The three restaurant units (10,000 sq ft) will be going onto the market in April looking to attract top name brands and quality occupiers.
The restaurant space available is flexible and the units can be adjusted to accommodate interest from occupiers from around 2,750 sq ft and upwards.
The site is the former Somerfield and YMCA building on Middle Street and located directly opposite Cineworld, MFA Bowling and Nuffield Health Club on the Yeo Leisure Park. It is also close to existing restaurants Pizza Hut and Frankie & Benny’s so will create an even more vibrant restaurant and leisure scene in this part of town.
Ralph Jones, Managing Director of Peveril Securities, said: “This scheme will be the first major leisure development in the town since the Leisure Park opposite was built in 2002 which, given Yeovil’s catchment population of around 125,000, is something of a surprise.
"We are therefore expecting strong interest in the restaurant units from some of the national restaurant chains as well as regional restaurant groups who know the potential for business in Yeovil and want to be part of an exciting town centre leisure scheme like this.”
Richard Pearson, Acquisition Manager for Premier Inn, said: “We are delighted to be bringing a brand new Premier Inn and Beefeater Grill to Yeovil. Our investment, which exceeds £5 million, will provide our customers with another great location, create 50 new Premier Inn jobs and underpin this important leisure development for the town.
"We are looking forward to a smooth and successful build and to opening our doors to customers as soon as possible.”
The new Premier Inn and Beefeater Grill are – together with the new restaurant units – are expected to open at the start of 2015.