Capreon, the Noé Group real estate business, has today announced that Subway and Elegance Hair and Beauty have agreed new long-term leases at Bon Accord, the popular shopping centre in the heart of Aberdeen.
Both retailers have agreed terms for ten-year leases, showing real confidence in the long-term performance of Bon Accord as a successful retail centre.
Subway will occupy a 1,356sq ft store, broadening the offer of Bon Accord’s thriving food court and adding an important “grab and go” offer in line with customer demand and Capreon’s tenant mix strategy.
Elegance has established a strong client base across Scotland based upon their extensive range of salon services. This will be Elegance’s first Salon in Aberdeen, adding to their existing sites in Glasgow, Edinburgh, Dundee and Stirling. Elegance will occupy a 1,707sq ft space, offering a wide range of salon services, including nails, hair, beauty and make-up techniques and treatments.
The popular Bon Accord centre draws customers from across the city and its wide catchment area and is outperforming the customer footfall average for the city by 5% and for the UK by 3%.
Caroline Bridge, senior asset manager at Capreon, said, “Bon Accord is performing extremely well, which is reflected in both Subway and Elegance joining the centre and making long-term lease commitments. Bon Accord is more than a destination for retail, and the addition of Subway and Elegance to a diverse mix of existing tenants further establishes the centre as a space for relaxation, pampering and leisure.”