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Ayr Central signs up New Look and Ernest Jones

M&G Real Estate has signed up New Look and Ernest Jones to its Ayr Central shopping centre in Scotland. New Look is taking an 11,100 square… View Article

GENERAL MERCHANDISE

Ayr Central signs up New Look and Ernest Jones

M&G Real Estate has signed up New Look and Ernest Jones to its Ayr Central shopping centre in Scotland.

New Look is taking an 11,100 square foot unit on a 15 year lease while Ernest Jones will occupy a 1,100 square foot store on a five year lease.

Both retailers will be relocating to Ayr Central from their existing locations elsewhere in Ayr.

In addition, existing tenant HMV has signed to upsize to a 5,800 square foot store.

Having opened in 2006, the 178,145 square foot shopping centre was bought by M&G Real Estate in 2015 and is anchored by Debenhams and Primark. Other tenents include Top Shop, Top Man, Next, H&M, River Island, JD Sports, Clarks and Costa.

Chris Poole, asset manager at M&G Real Estate, said: “Bringing New Look and Ernest Jones to Ayr Central reinforces the centre’s reputation as the town’s prime retail location. Ayr Central enjoys very loyal customers, and a high volume of tourists and students, and has become a key requirement for brands seeking expansion in the South of Scotland. We anticipate further commitment from new and existing brands in 2016.”

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