New mall owner's 50-unit lease plan

The new owner of Hamilton’s Regent Shopping Centre is to lease out 50 retail units with the aim of creating a “vibrant hub” for the region.

- ANDREA LAMBROU

Property development and asset management group Evergold has instructed Shepherd Chartered Surveyors to bring the units to market after acquiring the centre for an undisclosed sum last month.

Occupying a dominant position in Hamilton town centre, the Regent's positioning and scale means that it makes up a significant proportion of the town centre core.

The six-acre gateway site has been identified as key to South Lanarkshire Council's masterplan vision for the regeneration of Hamilton town centre to create a vibrant, accessible, and resilient town centre with a focus on living, leisure, healthcare and workspace as well as incorporating a significantly reduced retail element.