THE DERWENT STORY

To fully understand and appreciate our story, you need to understand the visionary entrepreneur behind our Group, Albert Gubay. Born in Wales in 1928, our Founder started his business empire as a penniless young man, selling non-sugar sweets during post-WWll confectionary rationing.

This gradually evolved into market stalls until in the early 1960’s he opened his first grocery shop, Value Foods, which based its innovative business model on aggressive price cutting. This was the basis for his successful Kwik Save Discount chain, in which he sold his shares in 1973 for £14million.

Kwik Save was followed by similar ventures in New Zealand, Ireland and the USA . He then turned his impressive business acumen to property development, primarily in the retail and commercial sectors. He also built up the Total Fitness health club chain, which was sold in 2004 for £70million.

The property companies and portfolios that he founded ultimately became The Derwent Group in 2005. The Derwent Group is now owned by the Albert Gubay Charitable Foundation. The Derwent Group continues its expansion into new areas whilst maintaining a very strong presence in the retail and commercial sectors throughout the North of England.

 

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LIVERPOOL SHOPPING PARK’S £30M SECOND PHASE SECURES PLANNING APPROVAL

Liverpool City Council’s planners have today approved plans for the leisure-led second phase of Liverpool Shopping Park on Edge Lane, which is expected to create up to 885 new jobs. The second phase will see a further £30m invested into Liverpool Shopping Park by its owners, The Derwent Group, and will

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SMYTH’S TOYS SIGN AT JUNCTIONNINE RETAIL PARK

Smyth’s Toys is the latest tenant to sign up to Warrington’s JunctionNINE Retail Park. Taking the 14,500 sq ft unit which was previously home to Halfords, the toy retailer is expected to open in Autumn and has signed a 10-year lease with park owners The Derwent Group. The arrival of

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