B&M opens new store in Ayr, Scotland

Liverpool, UK, 2017-Nov-21 — /EPR Retail News/ — B&M continued its expansion today (18 November 2017) as a new store was opened in Ayr, creating jobs for dozens of locals.

The addition to B&M’s portfolio in the region comes as a huge boost to the local economy, creating around 35 jobs for people from the area.

Visitors to the store, located on Heathfield Retail Park, will be able to browse a wide range of branded and own label goods, including toys, groceries, health & beauty and pet ranges.

As part of the opening celebrations, B&M employees invited local charity, Ayrshire Hospice, to be their VIP for the day.

The charity provides outstanding quality care and services which supports those with life-limiting illness. The aim is to help local adults live as actively as they can to the end of their lives, however long that may be.

The foundation were handed £250 worth of vouchers to spend in-store as a thank you for their hard work in the community.

The store manager, Kirsty Laing, said: “The team from Ayrshire Hospice really stood out for us as they go the extra mile for local community. We wanted to give them some VIP treatment as a thank you for all the hard work they do.

“We hope that our donation can help them to continue the great work they do.”

She also commented: “The new team have been working really hard to get the store ready for opening day and we can’t wait to get the doors open next Saturday and show customers their new B&M Ayr.”

For media/press enquiries:

email press@bmstores.co.uk

Source: B&M Store

Ediston Real Estate and Europa Capital sell Heathfield Retail Park in Ayr to MCAP Global Finance (UK) affiliate

Edinburgh, Scotland, 2017-Jul-28 — /EPR Retail News/ — Ediston Real Estate and Europa Capital have sold Heathfield Retail Park in Ayr to an affiliate of MCAP Global Finance (UK), the London based subsidiary of New York based credit manager Marathon Asset Management.

Heathfield Retail Park was purchased in 2011 by Europa Capital and Ediston Real Estate and has subsequently been refurbished and extended to 190,000 sq ft by the partnership.

Major tenants now include Marks and Spencer, Homebase, DFS, Curry’s, PC World, Halfords, Poundworld, KFC and Pizza Hut. An agreement for lease has also been signed with B&M Stores for a unit which is currently being extended.

James Brodie, Director at Europa Capital, said: “Heathfield Retail Park is an excellent example of Europa Capital transforming an asset. Since acquisition there has been a major refurbishment of the frontages and car park, construction of a new 30,000 sq. foot retail terrace which has been leased to Marks & Spencer, B&M Retail and Tapi Carpets & Floors and the addition of new retail units in the car park.

“This sale represents the eleventh disposal from the partnership and underlines Europa Capital’s focus on returning capital to its investors”.

Commenting on the transaction for Ediston Real Estate, Danny O’Neil said: “As a result of proactive asset management Heathfield Retail Park is now South Ayrshire’s pre-eminent retail park and has seen a significant increase in trading performance since acquisition. Nine new tenants have been introduced to the park since 2014 which include major retailers such as DFS, Marks & Spencer, Greggs, Costa Coffee and B&M Stores.”

Further information
Call Ediston Real Estate on:

0131 225 5599

Source: Ediston Real Estate