Property Matters Issue 8

Page 11

RETAIL PROPERTY FOCUS UNIT 5, DOUGLAS BRIDGE, GALASHIELS

We are pleased to act for British Red Cross in relation to retail acquisitions throughout Scotland.

EXCELLENT WEST END OPPORTUNITY We are marketing FOR SALE the former NOVA, extensive retail premises located at 20/24 Chapel Street in the heart of Aberdeen’s West End. This availability follows hard on the heels of two other lettings, 8 Chapel Street to Tiger Lily Boutique and 15 Chapel Street which will trade as Stellar, selling quality handbags and accessories for both ladies and gents. These lettings are evidence of increased confidence in this area with the arrival of The Capitol and The Silver Fin office developments, together providing approximately 210,000 sq.ft of Grade A accommodation. Also in the vicinity, the popular eatery Foodstory are expanding and a Wine / Craft Beer Bar with live entertainment to trade as Grape & Grain is currently being fitted out on Thistle Street. A comprehensive marketing strategy for the West End will reap dividends. The unit at 20/24 Chapel Street provides 2 excellent sales floors with back up stock rooms and staff facilities across a total floor area of 5,515 sq.ft (514.2 sq.m). Asking price is offers over £550,000 and interested parties should contact Richard Noble or David Henderson.

Richard Noble richard.noble@fgburnett.co.uk 01224 597528 David Henderson david.henderson@fgburnett.co.uk 01224 597538

The most recent opening has been in Galashiels where a ground floor unit of 2,150 sq.ft at Douglas Bridge was acquired. The unit provides an excellent sales area with staff/stock facilities to the rear, benefitting from rear servicing. The unit occupies a very prominent location adjacent to Argos, Specsavers and Lloyds Chemist and close to the recently completed Galashiels Transport Interchange, the combined bus and railway station for the town regarded as the “Capital of the Borders.”

PRIME RETAIL WAREHOUSE TO LET

DOMINO’S PIZZA EXPANDS INTO MONTROSE

Recent instructions include the marketing of a prime retail warehouse unit at Unit 3, Centrepoint Retail Park, Berryden Road, Aberdeen.

New Wynd Retail Parade Montrose, owned by FG Burnett client Scottish Midland Co-operative Society (Scotmid) recently welcomed the internationally established pizza operator Domino’s. The well-known brand has taken a 20 year lease for a 1,900 sq. ft. unit in the heart of the town centre. David Henderson who acted on behalf of Scotmid commented “I am delighted to have worked with Domino’s and The MSG Group who are a leading franchisee for Domino’s to secure ideally located premises in Montrose. Having agreed such a lease length shows that Domino’s are committed to the area adding further consumer options in this sector.”

The scheme which comprises around 100,000 sq.ft of accommodation and generous free parking is in the City Centre adjacent to Toys R Us and via integrated car parks close to an 85,000 sq.ft Sainsbury’s Store, Next, Argos, Poundland , Mothercare and Currys. Unit 3 extends to 6,500 sq.ft. For further information contact Richard Noble or David Henderson.

GET IN TOUCH We hope you enjoyed the latest edition of Property Matters and would love to hear your thoughts or suggestions for future articles. At FG Burnett we are passionate about sharing our knowledge and are always keen to learn more, so if you would be interested in joining our business to business knowledge sharing CPD programme then please contact Karen Ross - karen.ross@fgburnett.co.uk

FGBUR NETT.CO.UK

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