Skip navigation

Gloucestershire Business News

Five Valleys owner invests in Cheltenham's Quadrangle

Dransfield Properties, owner of Five Valleys in Stroud, is helping a local business expand into new premises.

Two years ago, Dransfield handpicked an artisan trader line-up for the Borough Market-style hall at Five Valleys. Now it is taking its support one step further by assisting one of those businesses to branch out and expand into Cheltenham.

The Artisan Baker will open its bakery and coffee shop in Cheltenham's Quadrangle development this month, with financial support from its current landlord at Five Valleys in Stroud.

With the regeneration of the former Merrywalks shopping centre in Stroud, Dransfield Properties has assisted more than 30 independent businesses to either expand or start up in a challenging retail climate.

Mark Dransfield, managing director of Dransfield Properties, said: "Ori Hellerstein of The Artisan Baker has built an amazing business up from a small industrial unit in Nailsworth to now serving the majority of people in Stroud who are looking for artisan baked goods.

"We have every confidence the team will experience huge success in Cheltenham, as well as here in Stroud, and we're really happy to be able to support them in that expansion."

Ori Hellerstein will oversee both outlets. His award-winning and fully organic baked products will all be made at the Stroud hub, giving unique training and employment opportunities for the town where it all started.

Ori, who is from Cheltenham himself, thought it was the ideal location to expand his business.

The new coffee shop and bakery will open on October 13, with 60 seats for people to enjoy dining both in and outside the new shop.

Ori Hellerstein said: "We're thrilled to be opening a second outlet in Cheltenham. We are really pleased with the response in Stroud and feel, with the larger space in Cheltenham, we can expand our offering from bakery to coffee shop, offering a slightly wider range of small plates, but with all the same delicious lines of baked goods that you will find with us in Stroud.

"We're grateful for the confidence shown by Mark and Dransfield Properties. It's not an easy time for businesses to take on an expansion in this industry, but we do believe we bring something special to the high street."

The business currently employs 16 people in Stroud and will take on a further nine staff members to help cover the two operations.

Related Articles

Llanthony Road improvement works will see road closed for two weeks Image

Llanthony Road improvement works will see road closed for two weeks

A major road will be closed for a maximum of two weeks.

Gloucester business closing after 30 years Image

Gloucester business closing after 30 years

A Gloucester shop is set to close on New Year’s Eve, after 30 years of trading.

VIDEO: Hundreds of Forest students inspired by event Image

VIDEO: Hundreds of Forest students inspired by event

More than 700 Year 9 students from six Forest of Dean schools attended a ground-breaking careers event yesterday (Thursday).

Housebuilder appoints head of customer care Image

Housebuilder appoints head of customer care

Claire Fairchild has been appointed as head of customer care at Newland Homes, the privately owned housebuilder based in Gloucestershire.

Copyright 2022 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.