Latest news with #Evergold
Daily Record
08-07-2025
- Business
- Daily Record
'Vibrant hub' vision for Hamilton town centre with lease of 50 retail units
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. 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. 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. Download the Lanarkshire Live app today The Lanarkshire Live app is available to download now. Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire's recovery from the coronavirus pandemic – straight to your fingertips, 24/7. The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you. Head to the App Store and never miss a beat in Lanarkshire - iOS - Android 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. Radical plans include reducing the town centre's vacant retail spaces by more than two-thirds, building houses and creating new leisure uses including an urban park. The sweeping changes would include knocking down both the Regent and New Cross shopping centres, repurposing or demolishing Bairds and the former Marks & Spencer, and creating a hotel or student accommodation on the site of Duke Street car park. As reported by Lanarkshire Live, Evergold has had a series of "detailed discussions" with South Lanarkshire Council on the future of the town centre site which is part of a local authority masterplan to construct 450 new homes. Tahir Ali, of Evergold, said: 'Our plans for the Centre are aligned closely with the Council's aim to have a diverse and sustainable mixed use town centre that not only serves its immediate catchment but also becomes a vibrant hub for the wider region.' In addition to acting as sole letting agent, Shepherd Chartered Surveyors will assume an asset management role together with a property management role. Calvin Molinari at Shepherd Chartered Surveyors said: 'This instruction follows our recent merger with Whyte & Barrie Chartered Surveyors to form a practice unrivalled in its delivery network of surveying services throughout Lanarkshire. 'Our extensive expertise and experience within the Lanarkshire market make us best placed to deliver effective asset management and property management roles alongside actively marketing the available retail units at this gateway site to a range of prospective tenants.' The 50 retail units, varying in size from 300 sq ft – 50,000 sq ft, are available on flexible lease terms. Interested parties should contact the sole letting agent on tel 0141 331 2807.
Glasgow Times
07-07-2025
- Business
- Glasgow Times
New Scottish shopping centre owner puts 50 stores on market
Property development and asset management group Evergold has instructed Shepherd Chartered Surveyors to bring to market the retail units for lease. It comes after the Yorkshire-based developer acquired the Regent Shopping Centre in Hamilton, South Lanarkshire. The agent said: 'Occupying a dominant position in Hamilton town centre, the centre'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.' Tahir Ali, of Evergold, said: 'Our plans for the Centre are aligned closely with the council's aim to have a diverse and sustainable mixed use town centre that not only serves its immediate catchment but also becomes a vibrant hub for the wider region.' Calvin Molinari, of Shepherd Chartered Surveyors, said: 'This instruction follows our recent merger with Whyte & Barrie Chartered Surveyors to form a practice unrivalled in its delivery network of surveying services throughout Lanarkshire. 'Our extensive expertise and experience within the Lanarkshire market make us best placed to deliver effective asset management and property management roles alongside actively marketing the available retail units at this gateway site to a range of prospective tenants.' He also said: "Asset management schemes are in place with existing tenants, and the landlord is committed to improving the centres facilities, for tenants and shoppers alike, making this an attractive opportunity for new or existing occupiers within the Hamilton area to relocate to. "The surrounding development of Hamilton town centre is an exciting opportunity for the area and we look forward to working closely with the landlord and the local authority to provide retail and leisure opportunities to facilitate the future needs of the town." The 50 retail units, varying in size from 300 square feet to 50,000 square feet, are available on flexible lease terms.
Daily Record
27-06-2025
- Business
- Daily Record
Property firm take over Hamilton Regent Shopping Centre earmarked for 'radical' redevelopment
The centre has been identified as a key site in South Lanarkshire Council's masterplan vision for the regeneration of Hamilton town centre. A property developer has acquired Hamilton's Regent Shopping Centre for an undisclosed sum. Tahir Ali, of national property development and asset management group Evergold, has had a series of "detailed discussions" with South Lanarkshire Council on the future of the town centre site which is part of a local authority masterplan to construct 450 new homes. Occupying a dominant position in Hamilton town centre, the centre's positioning and scale means that it makes up a significant proportion of the town centre core. The centre has been identified as a key site in 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. Radical plans include reducing the town centre's vacant retail spaces by more than two-thirds, building houses and creating new leisure uses including an urban park. Lanarkshire Live previously reported that the sweeping changes would include knocking down both the Regent and New Cross shopping centres, repurposing or demolishing Bairds and the former Marks & Spencer, and creating a hotel or student accommodation on the site of Duke Street car park. Evergold say the redevelopment of Regent Shopping Centre "would by far" be the largest and most important repositioning project identified in the council's masterplan. Mr Ali said: 'We have already held a series of detailed discussions with South Lanarkshire Council and are looking forward to working closely with them, together with the current tenants, local community and key stakeholders, over the coming years to ensure the most productive use is continued to be achieved for this six-acre gateway site. 'The centre's previous owners have been judicious investors for Hamilton and continue to be through their ownership of the Palace Grounds Retail Park in the town centre. 'Our plans for the centre are aligned closely with the council's aim to have a diverse and sustainable mixed use town centre that not only serves its immediate catchment but also becomes a vibrant hub for the wider region. 'Over the coming months and years, we will explore the many ways that can be achieved." Alison Brown, Head of Enterprise and Sustainable Development at South Lanarkshire Council, said: 'As a council we have been in dialogue with Mr Ali for some months in respect of delivering the ambition of the Hamilton Town Centre Masterplan. We look forward to continuing to work with him as we move forward.' Evergold have instructed Calvin Molinari from Shepherd Chartered Surveyors to deal with new letting enquiries.
Scotsman
26-06-2025
- Business
- Scotsman
Scottish shopping centre that could be demolished gets new owner
'Our plans for the centre are aligned closely with the council's aim to have a diverse and sustainable mixed use town centre' – Tahir Ali of property development and asset management group Evergold Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A major South Lanarkshire shopping centre that could be demolished as part of regeneration plans has changed hands. Tahir Ali of property development and asset management group Evergold has acquired Hamilton's Regent Shopping Centre for an undisclosed sum. Several parties are said to have expressed interest in acquiring the centre, which covers a six-acre site, through the sales process. Advertisement Hide Ad Advertisement Hide Ad Occupying a dominant position in the centre of Hamilton, the mall's positioning and scale means that it makes up a significant proportion of the town's core. Tahir Ali outside Hamilton's Regent Shopping Centre. The site has been identified as a key element in South Lanarkshire Council's masterplan vision for the regeneration of the town centre, with a focus on living, leisure, healthcare and workspace as well as incorporating a significantly reduced retail element. The plans could involve knocking down both the Regent and New Cross shopping centres while relocating existing retailers. The 'reconfiguring or redevelopment' of the Regent centre would be by far the largest and most important repositioning project identified in the masterplan. Ali said: 'We have already held a series of detailed discussions with South Lanarkshire Council and are looking forward to working closely with them, together with the current tenants, local community and key stakeholders, over the coming years to ensure the most productive use is continued to be achieved for this six-acre gateway site. Advertisement Hide Ad Advertisement Hide Ad 'The centre's previous owners have been judicious investors for Hamilton and continue to be through their ownership of the Palace Grounds Retail Park in the town centre.' He added: 'Our plans for the centre are aligned closely with the council's aim to have a diverse and sustainable mixed use town centre that not only serves its immediate catchment but also becomes a vibrant hub for the wider region.
