Proposed Matalan site purchase

Published : 11/04/2019

This proposal is subject to approval by Cabinet (11 April) and Full Council (18 April). If approved, this purchase could provide an opportunity to secure a key site on an important gateway approach into Ashford and represents a sound investment which will secure an income stream, both in the short and longer term.

Despite reports in the local media, the current tenants Matalan have expressed their desire to stay at this location, and even extend their lease, which we welcome therefore we look forward to Matalan remaining in Ashford for the foreseeable future.

All our investments help to secure long-term revenue streams for the council and taxpayers through rents and business rates so we can sustain and improve services for our local residents and ensure Ashford continues to have the lowest council tax in the county.