£8m Cupar retail park gets council green light

Plans for an £8 million retail development in Fife have been given the green light.

The investment by London& Scottish Developments, part of Glasgowbased London& Scottish Property Investment Management, will see the construction of eight retail and leisure units in Cupar.

The largest has been prelet to anchor tenant B&M, which has taken 23,000 square feet plus 7,500 sq ft for a garden centre.

Other pre-lets have been agreed with Indigo Sun and Burger King with a further unit currently under offer to a national coffee chain. The four remaining units are available for rent.

The retail park is adjacent to an existing Tesco supermarket and within walking distance of the town centre.

Andy Richardson, director at London& Scottish, 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.

“The development will create 120 to 140 long-term retail jobs,” he added.