Glasgow is the UK’s number 1 city for the highest retail market spend potential (outside London) and 11th in Europe alongside Milan, Zurich and Amsterdam.
Buchanan Street – at the heart of the Style Mile – is Scotland’s premier shopping thoroughfare:
- 3% vacancy rate, well below the UK average
- 2nd highest prime rent in the UK: £321 (€378) per ft2
- Average daily footfall: 52.7 million people
Significant investment in retail and leisure infrastructure over the last 20 years underpins a strong development pipeline and continually positions Glasgow as a retail destination of choice.
Developer Peel Lifestyle Outlets will create a new £100 (€118) million 193,500 ft2 (17,977m2) retail destination in Glasgow’s west end. Glasgow Harbour Lifestyle Outlets will transform 74 acres of former industrial land, creating a new retail destination for Scotland in the process with 120 shops and integrated food and drink, leisure and a cinema.
Glasgow Retail Prospectus
Glasgow offers some of the best retail in the UK, along with a compelling investment opportunity. The Retail Prospectus provides a narrative of the shopping and retail sector in Glasgow for developers and retailers alike.