EPC Peterhead, retail, out of town, economy, commercial Energy Performance Certificates Peterhead

Background to Peterhead

Peterhead is located on the Buchan coast of the north east of Scotland, approximately 20 miles north of Aberdeen. It is the largest town in the Aberdeenshire area with a population of 20,000 persons. The town is based round a diverse economy including food processing, textiles, service industries and importantly fishing. Landings of 133,000 tonnes of white fish (Demersal), Pelagic and shellfish with a approximate value of £165 million. (Source: Peterhead Port Authority 2011).

In 2016 a Peterhead Port Masterplan began comprising new fish processing factory, deepening of the harbour and quay restoration to provide additional berths. A £31.8million contract was agreed in 2016 with improvement and construction works began thereafter estimated to complete in 2018. A £8.4 million contract for the new fish processing factory was signed in March 2017.

Main employers in Peterhead include Aberdeen Service Company, Scottish Prison Service, Score Group Plc (engineering), Scottish Hydro Electric, Macrae Foods Ltd, Connors Seafoods, Freshcatch Ltd, St Fergus Gas Terminal and Aberdeenshire Council.

High Street Retail in Peterhead

The High Street retailing in Peterhead is largely based around the Drummers Corner a parade of high street shops located on the pedestrianised Marischal Street. This comprises a tenant line up of Argos, New Look, Happit, Burtons/ Dorothy Perkins and SPAR.

Out of town and deveopment in Peterhead

Recent and proposed developments in Peterhead include

• A new Lidl at Balmoor Retail Park.
• Buchan Gateway development with a B&Q and further planned bulky goods retail.
• A 25,000 sq ft Focus and Home Bargains and Halfords at Balmoor Retail Park
• Proposed redevelopment of Catto Park.
• Development of Wellbank Business Park .
• Peterhead Harbour Trustees built a new fishmarket at Merchant Quay.

Peterhead is also one of the safest deep-water harbours on the north east coast and a number of cruise ships use take advantage of this facility.

A number of initiatives have been launched recently to encourage growth of the Peterhead town centre. One being the Property Investment Fund which has been launched across Peterhead, Fraserburgh, Banff and Macduff. This scheme has been launched in town centre properties and to bring empty buildings back into productive use. Aberdeenshire Council report: The fund offers to fill the financial gap in projects to redevelop properties and will specifically cover the difference between the development cost and final value of the property. The structure of this fund is split into two phases. Phase One Grant applications of up to £10,000 will be considered for feasibility studies to assess the viability of the project, while in Phase Two, grants of up to £100,000 will be available for physical construction and/or renovation work. Applications are open to individuals, community groups or businesses who own or wish to invest in property to bring new, sustainable uses to the towns of Banff, Macduff, Fraserburgh and Peterhead. £400,000 has been allocated to this fund and a number of enquiries are being progressed across the Four Towns.

Retail Plus Peterhead has a strong core of independent shops, which continue to serve the community despite a difficult trading environment in the last few years. The issues facing retailers in the town reflect the experience of shops and businesses on high streets across the UK. Recognising this, Aberdeenshire Council introduced the Retail Plus programme to Peterhead in spring 2015. The scheme has two elements – access to confidential specialist one-to-one advice tailored to the needs of each shop, followed by a grant scheme which allows business owners to claim back up to 50% of the cost of any improvements to the shop, subject to a maximum of £2,000. The response from local retailers was very positive, and Retail Plus proved so popular that it was decided that to meet demand, a second scheme should be run in 2017.Text