Poundland, Europe's largest single price discount retailer, has leased a 15,000 sq ft former Woolworths store in Kirkintilloch, East Dunbartonshire. The two-storey property at Unit 6 in the town's Regent Centre, has extensive frontage to the Cowgate. The annual rent is £95,000 on a new ten year lease.
Poundland was represented in the deal by CB Richard Ellis (Scotland). Kevin Sims, retail director at CBRE, said: "This unit will allow Poundland to trade from one of the most prominent shops in Kirkintilloch - a former Woolworths store. Earlier this year we also acquired retail units in Glasgow and
Inverurie on behalf of Poundland.
Colliers International and Jones Lang LaSalle acted on behalf of the landlord - a private Irish investor.
