Five sign at Oak Mall

Inverclyde’s premier covered shopping centre, Oak Mall, continues to prove popular with retail occupiers

Lunar Greenock has signed up five new lettings including gifts and stationery chain The Works, which has taken a five-year lease at 22 Hamilton Way, extending to 5,500 sq ft, and value retailer Poundstretcher which will occupy 8,000 sq ft at 14 Hamilton Way, again on a five year lease.

Additionally, electronic cigarette retailer Vapourohm has taken a 700 sq ft unit at 14 Hamilton Gate, also on a five year lease, newsagent Oak News has acquired over 1,600 sq ft at 49 Hamilton Way and American Candy is to occupy 2,000 sq ft at 45 Hamilton Way.

At the same time Santander and TUI have renewed their existing leases for a further ten years and five years respectively, and Inverclyde Disability has relocated within the scheme to 5,000 sq ft at 51 Hamilton Way. Primark and 3store have also invested in new store designs.

Iain Minto, director of M&M Asset Management, said: “We continue to work with new and existing occupiers to ensure that the trading environment at Oak Mall meets the needs of the town centre. We welcome the new retailers and we are confident they will further enhance the current retail offer.”

Letting agents are Ryden and Reith Lambert.

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