Green light for new £10m Paisley retail park
Two of the UK’s fastest growing High Street brands have signed up as anchor tenants at a new £10 million retail park in Paisley, which has just won planning approval from Renfrewshire councillors.
London and Scottish Investments, the developer who bought the Wallneuk Road site from Tesco, secured planning consent for the development on Tuesday and is currently in negotiations with a number of potential tenants for the single remaining 20,000 sq ft unit.
Supermarket chain Lidl will launch a flagship store at the site and will be joined by The Range.
The development, which will have 400 parking spaces, will create over 100 new long-term jobs, and around 80 more in the year long construction phase.
The site will also have a drive through coffee shop operated by Tim Horton’s, Canada’s biggest coffee chain.
Bryan Wilson, development director of London and Scottish Investments, said: “This development is really good news for Paisley on a number of important fronts.
“The local economy will benefit from our investment in the site, and the jobs it creates. Shoppers will be spoiled for choice, with two of the fastest growing retailers in the country already signed up and a third in the pipeline.
“Most importantly, one of the biggest gap sites in the town will be transformed. That has to be particularly good news for the City of Culture Bid team as our site is on the main route into Paisley from the airport.
“So instead of seeing hoardings and a derelict site, visitors will be met by a new vibrant retail development.”