Abbotsinch Shopping Park, Paisley, Glasgow
Acquired for Ashby Capital in 2019, the shopping park is Scotland’s leading bulky goods retail location, located next to J27 of the M8 motorway, 5 miles west of Glasgow city centre.
The property is a modern, purpose-built retail park comprising 13 retail warehouse units and 1 restaurant unit.
The park was acquired fully let with WAULT to break of 6.60 years, including tenants such as B&Q, Pets at Home, Dreams, Wren, Natuzzi, DFS, Sofology, Oak Furnitureland, Tapi, Dunelm and Frankie & Benny’s.
The asset management strategy focused on growing the existing income and improving the WAULT, while also introducing an improved catering offer and upgrading customer experience and services.
Electric Vehicle charging, signage refurbishment, ANPR and customer Wi-Fi installation are ongoing.