Llandudno, known for attracting visitors for generations, is showing resilience against the recent retail downturn, boasting a low vacancy rate of just 5%. The town is not resting easy, though; it has big plans underway, particularly concerning the redevelopment of the former Marks & Spencer (M&S) store on Mostyn Street.
Once a significant draw for shoppers, the iconic M&S store relocated to the Parc Llandudno retail park in 2022, leaving behind a noticeable gap on the high street. This gap, according to local officials and investors, is poised to close soon. Mostyn Estates, the landowner, purchased the vacant M&S site and has obtained the go-ahead for developing it as a leisure and hospitality venue.
Edward Hiller, chief executive of Mostyn Estates, noted the plans for the former M&S location, stating, “At the former M&S store on Mostyn Street, we are in solicitors’ hands with an operator for leisure schemes, which will include indoor bowling, crazy golf, competitive skill games, and food and beverage offerings. We believe a scheme like this, situated in the heart of the town, is just what is needed. We’re hoping to complete this by 2025.”
But the rebirth of the M&S site isn’t the only sign of economic vitality for the town. Llandudno is also set to welcome new businesses, including the opening of a new KIA showroom opposite Parc Llandudno. Further developments include hotel investments along the seafront, enhancing the area’s appeal as both a tourist destination and residential locale.
Hiller emphasized, “The October Budget and its associated employer tax increases have not stemmed local, regional, or national operators’ interest in Llandudno. While we see many businesses are either value-engineering or finding alternative ways to become more efficient, which may delay current schemes, local interest remains strong.”
He added, “Currently, the retail vacancy rate for the town is steady at around 5%, which is as healthy as we have seen it over the last two decades. This figure surpasses the average for many other urban centers across the UK.” Hiller also highlighted seven lettings either currently being processed or awaiting regulatory approval, coupled with additional interest from several active retail inquiries.
Looking forward, Hiller expressed optimism about hotel investments slated to begin shortly and hopes for refurbishments on existing hotels to follow. “These developments will certainly increase the availability of higher-quality hotel accommodations, enhancing the town’s appeal to potential visitors and residents alike,” he said. “Heading toward 2025, Llandudno is on a positive upward trend—something which will undoubtedly benefit the residents, visitors, and the broader region.”
Meanwhile, inside M&S, the company is working diligently to develop innovative product offerings aimed at enhancing health and well-being. The new products range aims to include brain health-supporting snacks, protein-packed ready meals, and gut-friendly beverages. The M&S team faces the challenge of crafting complex recipes meeting strict criteria for health. One new product, mushroom drinks verified by the Royal Botanical Gardens of Kew, has raised questions about its potential popularity among customers.
This intriguing behind-the-scenes look at M&S's product development will be featured on the show, “Inside M&S at New Year,” airing on Tuesday, January 14th, at 9 pm on ITV1.
With M&S's growth endeavors paired with Llandudno's ambitious redevelopment projects, it remains evident both the retail giant and the coastal town are determined to adapt, thrive, and create inviting experiences for consumers and visitors alike.
