Malton is a vibrant market town located within the ‘Golden Triangle’ of North Yorkshire Moors, the Yorkshire Coast and York, so is well placed to maximise tourism and business opportunities.
Known for its quality independent businesses, this historic town is one of the leading foodie destinations in the UK. The regeneration of “Yorkshire’s Food Capital” (affectionately branded by the late Antonio Carluccio) began over a decade ago by Tom Naylor-Leyland. His passion for local food enterprise has been a catalyst for growth and has brought together independent and artisan businesses.
A regular programme of food and drink-inspired events draws visitors in their tens of thousands to appreciate and enjoy everything the town has to offer. The strong commitment to the local community and quality artisan produce is proving to be the crucial ingredient for growth, as demonstrated by the success of its independent business.
The town is also rapidly gaining a reputation for its offering of Arts and Crafts with the ‘Made in Malton’ label now being applied to a variety of handmade items as well as the extensive selection of locally made food and drink.
Retailers from across the region have identified Malton as an exciting location to develop their businesses and with more than eight units being let in the past 12 months, there are now very few voids. At a time of adversity for the UK High Street, the regeneration of the town’s retail economy is a rare success story which the Fitzwilliam Estate is committed to support.
Demand is strong for production space in the town centre following the successful conversion of several former riverside warehouses at Navigation Wharf. Talbot Yard Food Court continues to thrive and is home to a speciality coffee roaster, an Italian gelateria, the 2015 UK pastry champion producing macarons, a bakery, butcher and gin distillery. Work will start shortly on the conversion and development of a range of farm buildings for production purposes and should be completed by late 2020.
Following the conversion and pre-let of the former Town Hall to Stew and Oyster for their sixth café/bar in Yorkshire, a number of other good size buildings are being remodelled and refurbished ready for letting.
These include the former Conservative Club, Parish Hall, The Fleece Hotel and a retail unit on Wheelgate which will provide 1,000-2,000 sq ft. Early discussions with prospective occupiers would be welcome and enquiries from businesses in all sectors are invited.
For further information, please call the Estate office on 01653 692849 or email mark.thompson@maltonestate.co.uk . Background information on the Fitzwilliam Malton Estate and the town can be found at www.maltonestate.co.uk
This article was featured in the October 2019 edition of Commercial Property Monthly Magazine.