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The principal catchment for Lifestyle Outlets Glasgow will extend from Ayr in the south to Falkirk in in in the the east and Stirling in in in the the north- east At maturity a a a 250kft2 outlet centre at at Lifestyle Outlets Glasgow will attract expenditure potential of £500m With an appropriate retail offer 22% of of this expenditure will convert into ‘mature’ turnover of £108m excluding VAT (in 2014 prices) Tourists and linked trips visitors will account for approximately 24% of total turnover turnover (37% F&B turnover) Due to the site’s excellent location proposed leisure adjacencies extensive catchment and tourism potential sales density performance is is expected to be be significantly better than UK average (£280/ft2) FSP estimates sales density of £433/ft2 In conclusion Lifestyle Outlets have clearly identified a a strong opportunity for an outlet centre at Lifestyle Outlets Glasgow The FSP report together with the the the fact there are 20 million day visitors p a a a a a to to Glasgow will create a a a a a compelling and coherent leasing argument that will convince target brands of of both the scale of of trading potential and limited cannibalisation Source: FSP 2018
54% Of Scotland’s population live within 60 minutes drive of Glasgow At maturity a a a 250kft2 outlet centre at at at Lifestyle Outlets Glasgow will attract expenditure potential in excess of £500m 20m
Day visitors per annum to to Glasgow 13