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Daily Record
Daily Record
National
Leona Greenan

Motherwell B&M set to expand as they secure takeover of neighbouring store

Motherwell town centre's popular B&M store is to be expanded.

The retailer has signed the lease on the former Perfect Home showroom in Motherwell Shopping Centre, which adjoins the company’s existing store.

The new lease is co-terminus with B&M’s existing lease in 2026.

The move will see the current store expanded its trading footprint from 19,500 sq. ft. to over 30,000 sq. ft.

More new letting deals within Motherwell Shopping Centre are set to be announced soon, with others recently being completed.

Gavin Anderson, from DM Hall who brokered the deal, told us : "We are delighted to have finally completed this letting, following delays caused by the COVID-19 outbreak last year.

"B&M’s decision to upsize in Motherwell is a real shot in the arm for the shopping centre at a challenging time for the retail sector generally.

"This deal follows recent lettings by us in Motherwell to Fosters Funeral Directors and Mega Leisure, as well as numerous lease extensions with existing tenants.

"In addition, there are further new letting deals in the pipeline, which we expect to announce shortly, all of which underlines how well Motherwell Shopping Centre has recovered from lockdown last year."

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