Flood of New Lettings at the Howgate Shopping Centre, Falkirk
Posted by Ellandi on 4th Aug 2017
The tide has been rising over the last 12 months at the Howgate Shopping Centre in Falkirk. The Ellandi owned shopping centre saw an inundation of retailers in 2016 with Watt Brothers, Eurochange and Warren James all opening their first outlets in the town within the scheme.
But the good news just keeps flowing. Following the outcome of the business rates revaluation which resulted in a 50% reduction, Falkirk has become an even more enticing prospect for retailers to dive into.
Richard Hutchinson, Associate Director, Asset Management at Ellandi Commented: “The positive outcome of the business rates revaluation has made Falkirk more affordable for retailers looking to dip their toes into the market.
As a direct result, we have seen increased interest in the Howgate Shopping Centre and in the last 3 months, we’ve exchanged deals with national retailers Card Factory who opened on Friday 4th August and Costa Coffee who are taking possession later this summer, both seeing the benefit of being located within the prime pitch. With the floodgates well and truly open, we look forward to more retailers taking the plunge in the coming months”