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Poundland signs up to new store in Aberdeen

Orchard Street Investment Management has let 15,400 sq ft of retail warehouse space at Centrepoint retail park in Aberdeen to Poundland.


 


Poundland has signed a ten-year lease with an annual rental value of £150,000.


 


The single-price discount retailer joins existing tenants, which include Toys R Us, Mecca Bingo and Rosebys, at the 100,000 sq ft development.


 


One 6,500 sq ft ground-floor unit remains vacant following the letting to Poundland.


 


Whitelaw Baikie Figes acted on behalf of Orchard Street Investment Management; CBRE advised Poundland.


 


annabel.dixon@estatesgazette.com


 

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