London & Scottish Property Investment Management’s (LSPIM) Barrhead Retail Park is on track to open in spring 2023.
The 72,000 sq ft retail and leisure park, which sits to the south west of Glasgow in Barrhead, has already secured a number of national brands, including Lidl, B&M, Burger King, Starbucks and Card Factory.
Andy Richardson, development director at LSPIM, said: “The interest in Barrhead Retail Park is a really positive demonstration that momentum exists in the retail sector, despite pressures from the pandemic and cost of living challenges. It will be great to see this project complete early this year, bringing a boost to the local economy and community.”
Mike Spens, retail director at Savills, which is advising LSPIM alongside Orinsen, added: “Barrhead Retail Park has defied the current economic gloom and secured 98% pre-lets prior to its completion. The new park will offer a rich mix of retailers and food operators providing a strong offer for the local community. While shopping habits in the last 24 months have evolved in a direction few could have anticipated, footfall on retail parks has fared well and we anticipate this new park will draw strong interest.”
