Glasgow Retail Prospectus 2020

Page 4

R ETA I L

PR OSPE CT U S

R E A S O N S

TO I N V E S T I N G L A S G OW No. 1 UK retail destination (Outside of London’s West End)

£763m (€900m) Retail GVA

Cosmopolitan and vibrant food and drink scene

2.3 million tourists in 2018 - £662 (€781) million spend

2nd highest prime rent

Catchment of

2.2 million people within a 45 minute drive

in UK at £320 per sq ft2

UK’s No. 1 out-of-town retail centre 52.7 million people footfall on Glasgow’s prime Buchanan Street (2019)

Significant & Sustained

retail development & investment

£4.2 (€5) billion annual retail spend - 2nd highest in the UK

‘Shopaholic’s Paradise’ – Lonely Planet

Growing retail destination for global brands

One of the world’s top 10 cities based on TripAdvisor ratings

Large retail workforce of

35,000 people


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