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Derwent signs Next in Glasgow

Derwent London has agreed a new letting to fashion retailer Next at Strathkelvin retail park at Bishopbriggs near Glasgow.


Next has taken a 10,000 sq ft shop on a 10-year lease, with no breaks, and will pay an annual rent of £145,000.


Over the past three years, Derwent London has widened the planning use at the 313,000 sq ft park and secured retailers including Marks & Spencer, Boots, Currys/PC World, Matalan and Pets at Home. In June, newly created restaurants were prelet to Frankie & Benny’s and Costa Coffee.


Nigel George, investment director at Derwent London, said: “The Strathkelvin retail park is now fully let following a period of extensive asset management that has involved liaising closely with the local authority and community.”


Reith Lambert and CBRE represented Derwent London; Riddell Thoms acted for Next.


annabel.dixon@estatesgazette.com


 

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