18 August 2022
Investment sale of Retail Development in Cupar
London & Scottish Developments have built and sold the retail park at South Road, Cupar.
The 47,800 sq ft development comprises seven retail units where B&M are the anchor tenant occupying 25,770 sq ft plus a 7,500 sq ft garden centre. Other occupiers include Indigo Sun, Costa, Card Factory, Nimbus Beds, and Baynes Bakery. In addition, there is a drive-thru occupied by Burger King. The retail park is adjacent to an existing Tesco supermarket and within walking distance of the town centre.
Andy Richardson, Director at London & Scottish Developments said: “This site has lain undeveloped for many years, and we are delighted to have worked with Fife Council to regenerate it to meet modern occupier demands. This new and exciting retail outlet, with its good parking and open-plan, modern accommodation not available elsewhere in the town, will complement Cupar’s existing High Street offer.
“This site represents the latest in a series of successful retail developments as we have previously completed retail parks at Cowdenbeath, Aviemore, Cumbernauld and Paisley. We welcome approaches from landowners who wish to undertake similar schemes and require a well-funded partner.”