Discount chain snaps up five-year lease for Midlothian retail unit

Discount retailer Bargain Buys is to open a new store in Midlothian this summer, occupying a vacant unit previously held by B&M. The chain, part of the Poundstretcher group, has agreed a minimum five-year lease for the 16,350 square foot site at Penicuik Shopping Centre. Owner Evolve Estates said it committed around £300,000 in refurbishments and incentives to secure the retailer as part of its long-term plan to regenerate the retail park. Director Joe O’keefe said: “We have attracted another strong retailer in what are challenging times for the retail sector.”