Centre Management, 11 Eastgate, Inverness IV2 3PP

Retail to let 350,000 sq ft
12 days ago. Eric Young & Co
Full address
Centre Management, 11 Eastgate, Inverness IV2 3PP - Inverness
Contact details
Rent
Property type
Shop, retail unit to rent
Features
Car park, Restaurant
Size
350,000 sq ft

The Eastgate Shopping Centre is considered to be the prime retailing pitch within the city, providing over 350,000 sq ft of covered, high quality retail space arranged over upper and lower malls. Falcon Square development is situated at the Lower Mall Level of Eastgate Shopping Centre. Planning consent has been secured for 4 new Class 3 units, facing into the square, with works commencing in early 2019 with proposed handover Q3 2019.
Inverness is recognised as the commercial and business centre for the north of Scotland, as well as the gateway to Scotland’s Highlands and Islands. Very high tourist influx – circa 2.3 million visitors per year with retail spend of approx £287m
Over 350,000 sq ft of retail/leisure accommodation. Large and loyal catchment – population of circa 153,000 persons, within a wider catchment of 304,000 persons. Footfall of over 8 million people per year. Very limited leakage due to lack of nearby competing centres (nearest significant competition over 100 miles away). Home to Highlands & Islands University – 7,000 students based in Inverness and new campus being contructed over 215 acres in east Inverness at cost of £200m 41% of catchment is labelled as comfortable community (acorn) – double the Scottish average.
Further restaurant opportunity on Falcon Square alongside the existing Pizza Express - 1 Falconer Building (Existing Laura Ashley) - will be available from March 2018.
Andy is a partner and has been with Eric Young & Co for the last 26 years, working exclusively in the Retail Agency team, where he deals with high street acquisitions/disposals and shopping centre/retail park leasing and asset management. Andy heads the leasing teams on East Kilbride Shopping Centre; Dunfermline - Kingsgate; Edinburgh – New Waverley; Inverness – Eastgate and Irvine - Rivergate. With his wealth of high street knowledge and experience, Andy is regularly called as an Expert Witness.
Tom joined Eric Young & Co as a graduate surveyor 13 years ago and is now a partner in the Retail Agency team, dealing with high street and out of town instructions, as well as being part of the shopping centre team for Bon Accord - Aberdeen; Kingsgate - Dunfermline; Eastgate - Inverness; Rivergate - Irvine; The Centre - Livingston; Howgate - Falkirk; Oak Mall - Greenock and the Kingdom Centre - Glenrothes. In addition to his landlord work Tom also acts for a number of retailers clients in their acquisition and disposal work including LK Bennett, Bread Meats Bread and Ramsdens.

This shop, retail unit to rent is located in Inverness

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National rail 0.2m Inverness
Nearest airport 12.6m Inverness

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Eric Young & Co. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Eric Young & Co for full details and further information.