Macquarie Asset Management has secured two new retail occupiers for units on the corner of Princes Street and Hanover Street in Edinburgh.
Laser Clinics has taken 1,542 sq ft at 16 Hanover Street and Island Poke, the healthy fast casual dining operator, has taken 1,665 sq ft at 4 Hanover Street. Both occupiers have agreed 10-year leases for their first stores in Edinburgh.
Office Shoes has also extended its lease by a further five years from October 2023 at 79 Princes Street.
Stuart Moncur, head of national retail at Savills, which represented the landlord on the lettings, said: “We have seen significant progress on the corner of Princes Street and Hanover Street in recent months, with a number of new occupiers choosing the popular thoroughfare as their new home. It is testament to the blocks fantastic location that it is both retaining existing retailers, whilst also attracting brands with Island Poke making its Scottish debut.”
