Investment in revitalised shopping village paying off

A shopping village in Derbyshire, which was bought by the Devonshire Group, has announced a string of new tenants.

The group, the company that represents the interests of the Devonshire family at nearby Chatsworth, bought Peak Village, at Rowsley, last year with the aim of turning it into a thriving location, particularly for local independent businesses.

Now, following ongoing investment, it has attracted new tenants, including Lamb’s Cakes and Bakes, Wild Olive, Garden World and Chatsworth Kitchen.

The latest developments follow store openings late last year of Dr Derbyshire’s Emporium, Denby Pottery and Dotique, the designer fashion brand for women.

According to the Devonshire Group, around £1 million has been committed to redeveloping Peak Village, with more than half already spent on essential repairs, redecoration, refitting of vacant units, and the landscaping of public areas with planters and new street furniture.

Andrew Byrne, property development director at the Devonshire Group, said: “We’re continuing to upgrade facilities at Peak Village, which was underinvested for some years previously.

“That’s starting to have a strong impact on our ability to attract new tenants and new jobs to the site and in the long-run, we believe it will generate millions of pounds of retail revenue for the Derbyshire economy.”