High Street stationers, Ryman Ltd, has taken space at 42 Sauchiehall Street on a ten year lease, paying a rental of £110,000 per annum.
The unit, comprising 2,459 sq ft across two levels, occupies a prominent position on one of Glasgow’s busiest shopping streets.
Neighbouring occupiers including Warren James, Bank of Scotland, Bella Italia, Halifax, Starbucks and Pret A Manger. Buchanan Street, Buchanan Galleries and prime retail and residential development Buchanan Quarter are also in close proximity.
With over 120 years of trading experience, Ryman has 220 outlets across the UK. It has two existing stores in Glasgow, on Union Street in the city centre and on Byres Road in the west end. Other Scottish stores can be found in East Kilbride, Edinburgh, Livingston, Falkirk, Glenrothes and Dumfries.
Euan McGonigle, associate director at CBRE who facilitated the deal, said: “This letting to Ryman is a fantastic addition to a thriving area of Glasgow’s retail district. The launch of this second outlet in the city centre is a real testament to the area’s appeal to retailers. Both shoppers and businesses in the city will benefit from Ryman’s unique and specialised offering and it is sure to attract a wide range of custom with its high profile position.”
CBRE represented the landlord whilst Eric Young & Co acted for Ryman Limited.