SAVILLS, on behalf of Patrizia, has let 65 George Street in Edinburgh to AFH Stores UK Ltd for the opening of Scotland’s first Abercombie & Fitch store.
Set across the ground floor and basement, the former Jack Wills unit comprises 6,326 sq ft of retail space. The American brand that focuses on casual wear has agreed to a new five-year lease and will pay a rent rising to £171,000 per annum.
Stuart Moncur, head of national retail at Savills, commented: “George Street continues to be one of Edinburgh’s premier retailing destinations providing Abercombie & Fitch with an excellent location for its first store in Scotland. The attractive building is ideally suited to create a beautiful flagship store.
“George Street is a long-standing go-to address for aspirational retailers and we are very pleased to welcome Abercrombie & Fitch which will fit in seamlessly with other nearby brands including Sweaty Betty, Lulu Lemon and All Saints.”
Savills and Ewan Mackay Property Consultants advised Patrizia whilst AFH Stores UK Ltd was advised by Cushman & Wakefield.