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Thursday, September 14, 2023

DTZ secures two more lettings at Kingdom Centre in Glenrothes

DTZ has secured two new retail lettings at the Kingdom Centre in Glenrothes, which will see the Fife shopping centre near full capacity.

Major UK fashion retailers, Select and Passion for Perfume - both new names for Glenrothes - have signed deals for a combined total of 381 sq m (4,104 sq ft) of space. Select has taken a 15-year FRI lease for 292 sq m (3,147 sq ft). Meanwhile, Passion for Perfume - one of the UK's fast-expanding contemporary perfume retailers - has agreed terms on 89 sq m (957 sq ft).

The 40,000 sq m (430,000 sq ft) shopping centre, which has been extended over the years to meet increasing consumer demand in Glenrothes, recently won an award for Corporate Social Responsibility (CSR) at the Scottish Business in the Community awards. It is anchored by Dunnes Stores, New Look, Co-op, Woolworths and Boots and attracts 190,000 people per week. Key to the scheme is a 1,345 space multi-storey car park which is free for shoppers to use.

David Conroy, associate director at DTZ said: "Select and Passion for Perfume are major signings, particularly in the current retail climate. These are strong market deals and the new names further strengthen the attraction of the Kingdom Centre in Glenrothes and highlight significant demand for space in the town centre."


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