Alaska Signs First Tenant For Paisley Retail Park

June 19, 2012

Alaska Development Management, representing one of its Luxembourg clients, has agreed the first letting for its new £8 million Paisley Retail Park in Paisley, near Glasgow.

B&M Home has agreed a pre-let for a 25,000 sq ft store at the 50,000 sq ft retail park which is located on Renfrew Road on the way to Glasgow Airport.  The contractor for the scheme is Bowmer & Kirkland and construction has started with completion due in the autumn.

B&M will pay £10 per sq ft on a new 15 year lease.

The letting is the first of four units that are available on the Open Class 1 consent retail park.  25,000 is available either as a single unit or in combination of a 10,000 sq ft and two 6,732 sq ft units. The retail park sits opposite a Tesco Extra which is due to open next year.

Edgerley Simpson Howe and Montagu Evans are joint agents on the scheme.. Bargain Madness was advised by Burns Property Consultants.

 –       Ends –

Latest News

EXCITING LEISURE OPERATOR BOWLS INTO ST ENOCH

July 27, 2021 - 13:48

Hot on the heels of the successful VUE Cinema opening at St Enoch in Glasgow is the arrival of Gutterball, part of the Lane 7 brand, which will open this Autumn in a 28,000 sq ft unit. Gutterball have[...]

+ Read More

Ardent completes Touchwood acquisition and names new Asset Management and Leasing teams

July 26, 2021 - 12:39

The Ardent Companies (Ardent), the US-based real estate investment and asset management firm, has completed the acquisition of Touchwood shopping centre in Solihull from Lendlease Retail Partners[...]

+ Read More

METROCENTRE POWERS AHEAD

July 23, 2021 - 13:11

Metrocentre has highlighted its continuing consumer strength and retailer appeal by securing three major lettings as part of its transformation and repositioning since coming under the asset managemen[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR