Evidence Report 6: East Dunbartonshire - Supporting Document for Proposed Local Development Plan 2015 - East ...
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Supporting Document for Proposed Local Development Plan 2015 East Dunbartonshire Evidence Report 6: Retail Capacity Assessment Strategic Environmental Assessment: Environment Report Action Programme Habitats Regulations Appraisal Equality Impact Assessment Policy Background Reports Evidence Report 1: Addressing Housing Need and Demand in East Dunbartonshire Evidence Report 2: Housing Land Audit 2014 Evidence Report 3: Site Assessments Evidence Report 4: Campsie Fells Statement of Importance Evidence Report 5: Kilpatrick Hills Statement of Importance Evidence Report 6: Retail Capacity Assessment Evidence Report 7: Wind Energy Framework
and Roderick MacLean Associates Ltd EAST DUNBARTONSHIRE COUNCIL EAST DUNBARTONSHIRE RETAIL CAPACITY ASSESSMENT AMENDED VERSION August 2014
East Dunbartonshire Council Retail Capacity Assessment Contents 1.0 Introduction 2.0 Planning Policy Framework 3.0 Retail Market Overview 4.0 Retail Catchment Areas & Populations 5.0 Household Survey 6.0 Convenience Expenditure & Turnover 7.0 Spare Convenience Expenditure Capacity 8.0 Comparison Expenditure & Turnover 9.0 Spare Comparison Expenditure Capacity 10.0 Conclusions Appendices Appendix 1: Household survey questions Appendix 2: Convenience shopping patterns – household survey Appendix 3: Convenience expenditure inflows from beyond East Dunbartonshire Appendix 4: Comparison shopping patterns - household survey Appendix 5: Comparison expenditure inflows from beyond East Dunbartonshire Appendix 6: Strathkelvin Retail Park Page 2 of 68
East Dunbartonshire Council Retail Capacity Assessment 1.0 INTRODUCTION 1.1 Ryden and Roderick MacLean Associates were instructed by East Dunbartonshire Council (EDC) in August 2013 to undertake a Retail Capacity Assessment for East Dunbartonshire. The retail capacity assessment is required to inform the emerging Local Development Plan (LDP) town centre and retail policy options. 1.2 There have been considerable changes within the retail sector, at a national and local level since the last retail capacity study was undertaken in 2008 (and published in 2009). That study identified limited capacity for further convenience retailing and a larger requirement for comparison retail floorspace and bulky goods in particular, which if satisfied would allow the catchment to compete with centres in the surrounding area. 1.3 This report provides an up-to-date retail assessment of the need for additional convenience and comparison retail floorspace during the emerging LDP period (2016-2021) and establishes a benchmark against which the impact of retail proposals contrary to the LDP can be assessed in the future. This version of the report amends the version dated February 2014 to include a non-food retail consent in Milngavie. Study Area 1.4 The study area, East Dunbartonshire, is located to the north of Glasgow and bounded by the Campsie Fells and Kilpatrick Hills. It covers an area of 20,172 ha with an estimated population of 105,192 (as at 2011). The main settlements are Bearsden, Milgavie, Kirkintilloch and Bishopbriggs and these form the principal focus of the study. Page 3 of 68
East Dunbartonshire Council Retail Capacity Assessment Figure 1: East Dunbartonshire Council Area Source: East Dunbartonshire Council 1.5 Following this introductory chapter the report is structured as follows: Chapter 2 - Planning Policy Framework Chapter 3 - Retail Market Overview Chapter 4 - Retail Catchment Areas & Populations Chapter 5 - Household Survey Chapter 6 - Convenience Expenditure & Turnover Chapter 7 - Spare Convenience Expenditure Capacity Chapter 8 - Comparison Expenditure & Turnover Chapter 9 - Spare Comparison Expenditure Capacity Chapter 10 - Conclusions Page 4 of 68
East Dunbartonshire Council Retail Capacity Assessment 2.0 Planning Policy Framework Scottish Planning Policy 2.1 The most recent version of the SPP was published in June 2014. The main change in emphasis compared to the 2010 version is the greater focus on encouraging the diversity of uses and vitality within town centres generally, alongside support for improvement to the quality of the centres as places to live and work. 2.2 The ‘Town Centres First’ policy is promoted in the 2014 SPP, when planning for uses which attract significant numbers of people, including retail, commercial and leisure uses, offices, community and cultural facilities. Plans should identify a network of centres (city centres, town centres, local centres and commercial centres), explaining how they interrelate. Health checks of town centres should be undertaken regularly to assess their vitality and viability and strengths/ weaknesses. These checks should be used to develop town centre strategies. 2.3 Development plans should adopt the sequential approach to preferred locations for uses which generate significant footfall, including retailing and other uses, in the following order of preference: Town centres Edge of town centres Other commercial centres Out of centre locations that are readily accessible by a choice of transport. 2.4 Out of centre locations should only be considered where the town centre/ edge of centre and commercial centre options are unavailable or do not exist, together with meeting other criteria specified in the SPP. Development Plan 2.5 The development plan for East Dunbartonshire is made up of two parts, the strategic development plan (SDP) - Glasgow & Clyde Valley Strategic Development Plan (2012) and the Local Plan - East Dunbartonshire Local Plan 2 (Adopted 31 October 2011). 2.6 The SDP is a high level document which sets out the spatial vision and related strategic development strategy for the Glasgow city-region, up to 2035. It provides the geographical framework for local authorities to produce their local development plans and assess planning applications. 2.7 Background Report 14 of the SDP ‘Network of Strategic Centres’ provides the context for retailing within the city-region. This network is identified as Page 5 of 68
East Dunbartonshire Council Retail Capacity Assessment a hierarchy of the city centre, strategic centres and other centres and is based on “retail offer and local strategic significance”. The intention is to protect centres from further decline caused by a trend towards out of centre locations driven by retailers demand for modern and larger floorplates. 2.8 Glasgow city centre sits at the top of the network hierarchy due to its dominance in the city-region and wider area. The twenty three strategic centres below fall into two categories – those with an important retail function and those with a strategic function within the local authority area. Kirkintilloch falls into the latter due to the role of its historic town centre as a civic and cultural centre and is the only East Dunbartonshire town to be included. 2.9 Following on from the SDP, local development plan policies should reflect the need to ‘safeguard and promote’ the network of centres based on their specific role and function. The relevant local policies for East Dunbartonshire are outlined below. 2.10 East Dunbartonshire Local Plan 2 was adopted 31 October 2011 and provides the land use framework for the East Dunbartonshire area. This sets out the policies for the town centres, namely Milngavie, Bearsden, Bishopbriggs and Kirkintilloch to “maintain and improve their attractiveness as shopping and visitor destinations and to maintain and, where appropriate, recover market share and improve centre vitality and viability”. 2.11 The local plan policies therefore seek to protect and enhance the retail offering in the town centres, increase residential use and improve accessibility. 2.12 East Dunbartonshire Council is preparing a new Local Development Plan for the area which will replace the East Dunbartonshire Local Plan 2. This is currently at the Main Issues stage and the new LDP is expected to be completed in 2016. This study will help to inform the emerging LDP retail planning policies. Page 6 of 68
East Dunbartonshire Council Retail Capacity Assessment 3.0 Retail Market Overview Retailing in Scotland 3.1 Two major trends have been affecting the retail and leisure sector: market concentration in larger destinations at the expense of smaller locations, and pressure on consumer expenditure as price inflation outstrips earnings growth. The market response is very selective new investment by successful retailers, against a wider background of failures and rationalisations among less successful businesses. Much of the market is now polarised between well-occupied prime destinations and weaker locations where trade and retailer demand are much more fragile. 3.2 According to the Scottish Retail Consortium (SRC)/KPMG, sales in Scotland during December 2013 were 1.1% higher than December 2012. However, like-for-like sales (which discount the impact of store openings, closures and expansions in order to measure performance across the retail sector) decreased by 2.9% over the same period. 3.3 SRC reports that shop price deflation is having an impact upon the values of sales and, in real terms, sales in December decreased by 0.3%. Both food and non-food sales were lower, at 0.3% and 1.7% respectively, than the previous December. Wages rates have not increased at the same rates as inflation resulting in subdued consumer spending. 3.4 Trading conditions have been difficult for many retailers. 2012 was the worst year for retailers failing since 2008. In 2013, a number of major retailers such as Comet, Blockbusters and Jessops collapsed. Other struggling retailers such as Dreams and HMV have been saved, either in whole or part, after being purchased by restructuring specialists. 3.5 Value retailers, for example B & M, Poundworld, Home Bargains and Poundland, are still expanding and actively looking for new sites. In general however, although national multiple retailers do have property requirements, these are very specific in terms of location and property type. 3.6 In the food sector, the most active sub-sector is the local convenience store market, as the big four food retailers jostle for position and market share. There are around 49,000 convenience stores in the UK but branded grocery chains account for less than 10%. Tesco, Co-op and Sainsbury’s are all active with Morrisons having a requirement for 300 outlets for their ‘M’ Store concept to complement their supermarkets, and have acquired forty-nine Blockbuster stores and seven former Jessops units. Page 7 of 68
East Dunbartonshire Council Retail Capacity Assessment 3.7 At the opposite end of the convenience store sector it is clear that the race for space by major superstores in waning. Interest in such sites is now highly selective and retailers are now concentrating more on effective use of existing stores, multi-channel sales and small local outlets as mentioned previously. There is still selective demand for large stores, but typically 4,000 – 6,000 sq m rather than up to 10,000 sq m as had been the case until recently. On-line Retailing 3.8 Internet spending is a fast growing part of retail expenditure. It is the main element of special forms of trading (SFT), which also includes mail order, telephone sales and markets, all of which are forms of non-store retail expenditure. It reduces the expenditure available to service conventional 1 shop floorspace. Experian forecast that non-store comparison retail sales could rise to 20.9% of total comparison spending by 2021, with little increase beyond that, as growth tapers off. This forecast is mainly driven by online sales. 3.9 Experian explain that part of this proportion is associated with shop floorspace (‘click and collect’ for example), so the forecast deduction from total comparison expenditure relating to shop floorspace should be around 15.7% at 2021, for the purpose of assessing future space requirements. For convenience retail sales, the equivalent proportions for 2021 are 15.2% of total convenience spending and a 4.6% reduction in floorspace, where the big difference is probably mainly accounted for by home delivery from existing supermarket shelves. Increased home delivery from warehouses, for both convenience and comparison goods, will continue to affect the requirements for conventional retail floorspace. See also sections 6 and 8. 3.10 Many major multiples now offer both online and store-based shopping with the latter providing an essential platform for viewing the goods before online purchases are made. This multi-channel retailing allows retailers to provide ‘click and collect’ services attracting shoppers into high street shops to pick up and return goods. There is, therefore, still a requirement for physical space from such retailers. 2 3.11 The British Retail Consortium reports that internet non-food sales in December 2013 were 19.2% higher than December 2012. Technology, through the increased use of smartphones and tablets, has contributed to this growth. However, it is worth noting that technology companies with a retail offering recognise the importance of a high street presence 1 Experian Retail Planner- Briefing Note 11, Appendix 3. 2 BRC-KPMG Online Retail Sales Monitor December 2013 Page 8 of 68
East Dunbartonshire Council Retail Capacity Assessment demonstrated, for example, by the Apple stores now found in prime shopping destinations. 3.12 Independent retailers are increasingly offering online shopping too and this can prove very successful for niche and specialist shops. For many small independent retailers though, online shopping poses direct competition, which can only be met by improved quality of offer. Glasgow retail market 3.13 Glasgow sits at the top of the retail hierarchy and is situated around four miles from the East Dunbartonshire Council area boundary. It remains the second most popular retail destination in the UK after London and also ranks second in terms of turnover. The city continues to stay ahead of competing centres for new retail requirements. Buchanan Street is Scotland’s prime retail destination, achieving prime rents of around £260 per sq ft Zone A and is complemented to the south by St Enoch Centre, which recently changed ownership. The stable rental position in Glasgow illustrates starkly the point about market polarisation; in the wider market rents across Scotland’s top twenty retail centres have fallen by around 30% since the start of the recession as shown in the Ryden Retail Index below (Figure 2). Figure 2: Ryden Retail Rental Index 3.14 As can been seen in Figure 2, rents have stabilised in 2013 but remain 19% below the 2007 peak, excluding the effects of price inflations. Many occupiers are now trading at rents considerably in excess of current values. This is compounded by non-domestic rates which often are not reflective of Page 9 of 68
East Dunbartonshire Council Retail Capacity Assessment the letting market, and indeed can make units uneconomic even on reduced rents. 3.15 Glasgow continues to stay ahead of competing centres for new retail requirements demonstrated by the opening of Scotland’s first Forever 21 store within Land Securities’ £70 million Buchanan Quarter development in March 2013. Land Securities has further development planned with planning in principle consent having been secured for an extension to Buchanan Galleries for a £300 million retail and leisure scheme. This is expected to double the volume of retail space and provide restaurants, a cinema and a car park. Marks and Spencer has been signed up as an anchor tenant in a new 13,935 sq m store. 3.16 Outside the city centre, Hammerson has commenced development of its 10,700 sq m extension to Silverburn Shopping Centre comprising a 14- screen cinema, nine restaurants and bingo hall. This follows the recent completion of a leisure extension at the Glasgow Fort, 4,180 sq m in size, accommodating a Vue multiplex cinema and restaurant space let to TGI Friday’s, Prezzo, Harvester, Chiquito and Pizza Express. 3.17 In Renfrewshire, on the outskirts of Glasgow, Intu Properties has plans to expand Braehead Shopping Centre at the cost of £200 million. This will include a new ice skating arena, sports facilities and a 200-bedroom hotel. 3.18 Investment activity within the retail property market has been supressed due to the continuing challenges faced by the retail sector. There is demand for prime retail assets within the major city centres as demonstrated by the recent purchase of 123-129 Buchanan Street, a mixed use retail and office block, by Scottish Widows Investment Partnership for £22.85 million. This particular deal achieved a yield of 5%, and other recent and on-going deals across Aberdeen, Edinburgh and Glasgow have also achieved 5% or below, despite cautious rental growth predictions within the retail sector. Buyers are taking the opportunity to secure trophy assets which offer scarcity and therefore viewed as easy to sell on if required. 3.19 Secondary and tertiary locations, by contrast, are heavily discounted both in historic terms and compared to prime locations. Yields are varied, even for retail units in the same pitch, once factors like income security, lease length and occupier demand are factored in. 3.20 In summary, the overall picture is of a gradually improving retail market, in line with the wider economy, although sales are volatile month-to-month and growth is not strong. Major malls are attracting new development but for the large majority of towns the priority will be to stabilise occupancy levels then gradually reduce vacancies, including some diversification away Page 10 of 68
East Dunbartonshire Council Retail Capacity Assessment from retail and probably involving new leisure operators. Investment has been focused mainly on prime retail locations. East Dunbartonshire Retail Locations 3.21 The main retail locations within East Dunbartonshire are the town centres of Bearsden, Bishopbriggs, Milngavie and Kirkintilloch, and Strathkelvin Retail Park in Bishopbriggs. These are considered individually in further detail below. 3.22 Bearsden has a range of retail brands represented within the town centre. These include a few national retailers such as Optical Express, Barrhead Travel, Majestic Wine Warehouse, McDonalds, Farmfoods, Vets 4 Pets and M&S Simply Food as well as a selection of independent retailers including Sinclair Pharmacy, Whiz Kids, Golfing House, Quartz Travel and Cutting Edge Hair Design. Figure 3: Bearsden Cross 3.23 Current Scottish Assessor Association data reports a total of 124 retail properties in Bearsden with only five vacant units, giving a vacancy rate of only 4%. 3.24 Supermarket provision with Bearsden consists of: Asda at Milngavie Road, Page 11 of 68
East Dunbartonshire Council Retail Capacity Assessment M & S Simply Food on Drymen Road, Lidl at Baljaffray Shopping Centre, Scotmid on Ledi Drive Co-operative Food Store on Station Road. 3.25 The prime retail pitch in Bearsden is the area known as ‘The Cross’ where Drymen Road and Roman Road meet and includes New Kirk Road. 3.26 Bishopbriggs town centre contains a number of retail brands, including national chains - Boots, Greggs, Superdrug, Subway and Timpson, as well as a range of independent retailers (including M & M Eyecare, Estetica, Thomas Auld & Sons and Glamour Eyes), and retail services including restaurants, cafes and financial and professional services. Figure 4: Bishopbriggs Town Centre 3.27 Supermarkets in the town are Morrison’s (who purchased the Triangle Shopping Centre in August 2012 and are progressing with plans to redevelop/build a new store), Tesco Express and Asda both on Kirkintilloch Road. 3.28 The prime retail pitch in Bishopbriggs’ town centre is the Triangle Shopping Centre and Kirkintilloch Road. 3.29 Strathkelvin Retail Park, by Bishopbriggs, is owned by Caledonian Property Investments and it has over 24,600 sq m of gross comparison good retailing space.totals 29,100 sq.m. The retailers located here are listed in Appendix 6. Figure 5: Strathkelvin Retail Park Page 12 of 68
East Dunbartonshire Council Retail Capacity Assessment 3.30 Scottish Assessor Association data reports a total of 98 retail properties in Bishopbriggs with no vacant units. 3.31 Kirkintilloch has a diverse range of retail brands represented in the town centre. These include market staples such as Optical Express, Boots, Poundland, WH Smith, Superdrug, Greggs and Shoe Zone, as well as a wide range of independent retailers (including Sugar Plum, Sun Shack, Cards Direct, Nysa Notions and Bargain Central), along with non-retail services including restaurants, cafes and financial and professional services. Figure 6: Kirkintilloch Town Centre 3.32 Supermarket provision in the town comprises a Tesco Metro in the Regent Shopping Centre, a Sainsbury’s on Shamrock Street, and Scotmid on Gallowhill Road. Lidl has recently opened a store on the former bus depot site on Milton Road in November 2013. 3.33 Scottish Assessor Association data reports a total of 189 retail properties in Kirkintilloch with 11 vacant units, giving a vacancy rate of only 6%. 3.34 The prime retail pitch in Kirkintilloch is Cowgate, where the Regent Shopping Centre is also located. The Regent Centre was built in 1991 and comprises 21 retail units and a 3,012 sq m supermarket (Tesco). 3.35 Milngavie also has a selection of retail brands represented in the town centre. These include market staples such as M&S Simply Food, Boots, M & CO, Greggs, Costa Coffee, Optical Express, Specsavers, Iceland and Poundstretcher, as well as a wide range of independent retailers (including Page 13 of 68
East Dunbartonshire Council Retail Capacity Assessment Reids of Milngavie, Lingerie Boutique, Fantoosh Fish, Ruby Red, Foils and Milngavie Bookshop). Figure 7: Milngavie Town Centre 3.36 Supermarkets in Milngavie consist of: Scotmid on South Mains Road, Tesco at Gavin’s Mill (which has recently been refurbished after plans to build a Tesco Extra store in the town were shelved in June 2013, From 2014, Waitrose will have a presence with a new store to open just off the Burnbrae roundabout. 3.37 Scottish Assessor Association data reports a total of 79 retail properties in Milngavie with only one vacant unit, giving a vacancy rate of only 1%. 3.38 The prime retail pitches in Milngavie town centre are Main Street and Station Road. Market Activity 3.39 There are currently five units on the market in Bearsden totalling 272 sq m. Bishopbriggs has eight units totalling 7,690 sq m available (of this 6,819 sq m is part of the redevelopment of the B&Q unit at Strathkelvin Retail Park). Kirkintilloch has 17 retail properties, totalling 3,378 sq m, on the market, and Milngavie has one unit totalling 59 sq m currently available. This is depicted in Figure 8 below: Page 14 of 68
East Dunbartonshire Council Retail Capacity Assessment Figure 8: Retail Availability Source: CoStar 3.40 Table 1 identifies notable recent openings and closures of retail outlets in the East Dunbartonshire area. In common with other towns, town centres may be losing some multiple retailers and closures such as Comet, Peacocks and Thomas Cook are not specific to East Dunbartonshire but are national retailer failures affecting many locations. It was recently announced that Nike has taken 929 sq m of retail space at Strathkelvin Retail Park, making the Park fully let. Table 1: Retail openings and closures Town Location Retailer Date Openings Bishopbriggs Strathkelvin Retail Iceland Jun 2012 Park Next Dec 2011 Frankie & Benny’s Aug 2011 Bearsden Hillfoot Road Vets 4 Pets Spring 2012 Station Road Co-operative Food October 2011 Closures Kirkintilloch Cowgate Happit May 2012 Bishopbriggs Strathkelvin Retail Comet Dec 2012 Park Peacocks Feb 2012 Bearsden Thomas Cook Spring 2013 3.41 Table 2 shows a selection of recent deals from across the Council area. Of these deals, 6 were in Bearsden, 4 in Bishopbriggs, 5 in Kirkintilloch and 4 in Milngavie. Page 15 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 2: Recent retail transactions in East Dunbartonshire Address Size (sq Comments m) 2 Springfield Road, 58 Let in November 2013 to an undisclosed tenant on a new 10 Bishopbriggs year lease at £15,000 pa (£259 per sq m). 2 Canniesburn Toll, Bearsden 35 Let in October 2013 to Pound Plus (Helensburgh) Ltd on a new 10 year lease at £10,300 pa (£294 per sq m). 67-73 Milgavie Road, 58 Let in October 2013 to Mr Mohammed Iqbal (t/a Shish Bearsden Tandoori) on a new 25 year lease at £11,500 pa (£198 per sq m). 35-37 Douglas Street, 40 Let in September 2013 to an undisclosed tenant on a new Milngavie lease on confidential terms. 1-15 Mugdock Road, 72 Let in September 2013 to Mary Easton ltd (t/a The Dress Shop) Milngavie on a renewed 10 year lease at £9,625 pa (£134 per sq m). Units A-F Lomond Drive, 74 Let in July 2013 to Fiona Hardie on a two year sub-lease at Bishopbriggs £11,000 per annum (£149 per sq m). 161-163 Milngavie Road, 37 Let in July 2013 to Kitchens Direct. Asking rent £14,000 pa. Bearsden 15-19 Cowgate, Kirkintilloch 266 Let in May 2013 to St Margaret of Scotland Hospice at £25,000 pa (£94 per sq m) 157 Kirkintilloch Road, 41 Let in May 2013 to an undisclosed tenant on a ten-year lease Bishopbriggs at £10,000 pa (£244 per sq m) Unit 3, 38 Stewart Street, 39 Let in March 2013 to Susan McMahon t/a The Lingerie Milngavie Boutique on a new five year FRI lease at £10,000 pa (£256 per sq m) Unit 4, 38 Stewart Street, 39 Let in March 2013 to Emily Fotheringham t/a Fotheringham on Milngavie a new five year FRI lease at £10,500 pa (£269 per sq m) 102-166 Drymen Road, 23 Let in January 2013 to Mr G McNab t/a Barbers on a sublease Bearsden expiring in February 2022 at £11,500 pa ((£500 per sq m). 2-4 Freeland Place, 82 Let in Dec 2012 to Sun Shack. Quoting rent was £10,000 pa Kirkintilloch 28-30 Cowgate, Kirkintilloch 133 Let in June 2012 to DEBRA on confidential terms 14 Townhead, Kirkintilloch 54 Let in May 2012 to Cash 4 Clothes on confidential terms 165 Milngavie Road, Bearsden 71 Let in March 2012 to Rettie & Co on a ten-year lease at £15,500 pa (£217 per sq.m. 161-163 Milngavie Road, 37 Let in March 2012 to Liggy’s Cakes on a five-year lease at Bearsden £10,000 pa (£27 per sq.m.). 1 Hillfoot Drive, Bearsden 200 Let in January 2012 to Vets for Pets. The quoting rent was £35,000 pa (£175 per sq.m.) 3 Station Road, Bearsden 334 Let in October 2011 to The Co-Operative Group Ltd on a 15- year lease at £75,000 pa (£224 per sq.m.). Unit 1C Strathkelvin Retail 929 Let in September 2011 to Next Retail on a 10 year lease at Park, Bishopbriggs £145,000 pa (£156 per sq.m.). 37 Eastside, Kirkintilloch 46 Let in June 2011 to Desiree on a one-year lease at £6,000 pa (£130 per sq.m.). Source : CoStar 3.42 Investment transactions provide one indicator of property market interest and confidence. Following the property market crash, only six investment transactions have been recorded in the region since 2010, including those shown in Table 3 below. Page 16 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 3: Investment Transactions Address Size Comments (sq m) 3 Station Road, Bearsden 334 Sold in February 2012 to a private investor for £1.15m, reflecting a net initial yield of 6.1%. The property is let to Co-operative Group Food Limited. 56 Drymen Road, 49 Sold in August 2011 to Trygort (2) Ltd for £242,500, reflecting a net initial Bearsden yield of 6.64%. The property is let to Dignity Funerals Ltd. 54-56 Cowgate, 350 Sold in June 2012 to Gilpak Ltd by a private investor for £416,000, reflecting Kirkintilloch a net initial yield of 7.91%. The property is let to Lloyds Pharmacy Ltd. 95 Main Street, 44 Sold in April 2010 to Mr R Lovat by Clydesdale Bank plc for £23,500 Lennoxtown Source: CoStar Retail Rents 3.43 Retail rents in East Dunbartonshire vary across the town centres as detailed in the table below: Table 4: Retail rents in East Dunbartonshire Town Rent Values (per sq m) Bearsden £198 to £500 Bishopbriggs £149 to £259 Kirkintilloch £94 - £130 Milngavie £134 - £269 Source: CoStar Retailer Requirements 3.44 Retailer requirements to locate in towns and commercial centres provide an important indicator of market demand. Since the market downturn in 2008 however, many retailers are no longer actively seeking new premises, or are being extremely selective. Where retailers are looking for premises, many simply have blanket requirements covering whole regions rather than specific requirements for named centres. These factors complicate any assessment of demand based upon retailer requirements. 3.45 According to one data source which tracks requirements over time Kirkintilloch had a high of 12 retailer requirements in 2004 and this has fallen to the current three requirements. Bishopbriggs had a high of 11 retailer requirements in 2006 and this has fallen to none, likewise Bearsden had highs of 11 retailer requirements in 2006/2007 and this has also fallen to none. 3.46 A panel of data sources used for this study records a total of 13 different retail requirements throughout East Dunbartonshire totalling between 2,347 – 6,511 sq.m. Table 5 below shows these requirements. Page 17 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 5: Retail Requirements Sector No of Size of Town(s) Pitch reqs requirement (sq.m gross.) Retailers Household goods 1 209 - 325 Kirkintilloch High Street or shopping centre Supermarkets 3 900-1,500 Milngavie, Town centre or edge-of-centre (discounter) 900-1,500 Bearsden, 900-1,500 Kirkintilloch Total retail 4 2,909-4,825 Non-retail services Restaurants / café/ 8 1,006 – 1,212 Kirkintilloch Prime or good secondary, corner site preferred. High Street, parade bars Bishopbriggs, or edge of town shopping. Close to Bearsden, retail / business / transport hubs. Edge of town, in town,out of town. Milngavie High Street or secondary parade. Car parts / motor 1 232 - 465 Bearsden Edge of town factors Total service 9 3.47 In addition to these retailer requirements in Table 5, there are two fast food operators looking for franchises throughout the country but with no specific towns named. 3.48 A further 11 nationwide retailers have requirements (which include non- specifically named requirements for Scotland). Of these requirements two are for supermarkets; three are for restaurants / café/ bars; one is for household goods; one is for clothing, two are for pharmacy/health & beauty; and two are for discount retailers. Conclusions 3.49 Slow growth in the retail sector has resulted in development being primarily restricted to prime locations. With the food sector, the development of superstores has been declining but there is significant activity within the convenience store sub-sector. 3.50 Occupancy levels in East Dunbartonshire are high with a diverse range of brands represented, despite the close proximity to Glasgow. However, the loss of retailers due to business failures and contracting national multiples has had an impact on the town centres. 3.51 There have been a number of retail property market transactions completed across the four towns. The vast majority of this activity has been occupier related with only a handful of investment deals being Page 18 of 68
East Dunbartonshire Council Retail Capacity Assessment completed. This reflects the fact that investment activity within the retail sector is limited outside of prime retail locations such as Glasgow city centre. 3.52 Letting activity is generally for small units and rental values vary across the area from a low of £94 per sq m in Kirkintilloch to £500 per sq m in Bearsden. 3.53 Latent demand from multiple retailers is weak; towns are more likely to depend upon regional and local retailers, and complementary commercial uses moving forward into the next LDP period. Page 19 of 68
East Dunbartonshire Council Retail Capacity Assessment 4.0 Retail catchment areas and population Introduction 4.1 This section shows the study area of East Dunbartonshire, subdivided into primary retail catchment areas based on the main towns, together with the current and projected populations of the catchments to 2016 and 2021 in accordance with the study brief. Convenience catchment areas and population 4.2 Map 4.1 illustrates the primary catchment areas relating to Bearsden, Milngavie, Bishopbriggs, Kirkintilloch and the Northern Villages. These are the same areas as applied in the 2009 Retail Capacity Study. They comprise groups of postcode sectors which almost match the Council area boundary, but not exactly (although with the same total population from the old 2001 Census). Experian show a slight change in the postcode sector boundaries that extend into the Campsie Hills within the Council area, but this makes no difference as the extension contains no population. These five areas are defined as zones in the recent household survey for this study. 4.3 Table 4.1 shows the current and projected populations of the five convenience catchment areas, incorporating the 2011 Census findings and applying the 2010 based population projections by the Registrar General to 2021, as explained in the table footnote. Slight population decline is projected over the period. Comparison catchment areas and population 4.4 Map 4.2 illustrates the two primary comparison catchment areas in East Dunbartonshire from the study brief. These relate to the areas within East Dunbartonshire defined by the old Structure Plan Technical Report TR7/06 (2006). The two comparison catchment areas include: (1) Bearsden/ Milngavie and (2) Bishopbriggs/ Kirkintilloch/ Northern Villages. The areas equate to the sum of the relevant convenience catchments. In the 2009 Capacity Study, the analysis of comparison expenditure capacity focussed on the Council area only. 4.5 Table 4.2 shows the current and projected populations of the two comparison catchment areas, drawing on the same sources as applied to the convenience catchment populations. Page 20 of 68
East Dunbartonshire Council Retail Capacity Assessment Map 4.1 Convenience Retail Catchment Areas (Study Zones) Page 21 of 68
East Dunbartonshire Council Retail Capacity Assessment Map 4.2 Comparison Retail Catchment Areas (2) (Bearsden/Milngavie) and (Bishopbriggs/ Kirkintilloch/ Northern Villages) Page 22 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 4.1 East Dunbartonshire convenience catchment areas: population projections Catchment areas 2001 ***2011 2013 2016 2021 (survey zones) Census Census based Zone 1 Bearsden G61-1,G61-2, G61-3,G61-4 27,967 27,136 27,025 26,803 26,378 Zone 2 Milngavie G62-6,G62-7,*G62-8 13,846 13,434 13,380 13,270 13,059 Zone 3 Bishopbriggs G64-1,G64-2,G64-3 23,384 22,689 22,596 22,411 22,055 Zone 4 Kirkintilloch **G65-9,G66-1,G66-2, 31,424 30,490 30,366 30,116 29,639 G66-3,G66-4,**G66-5 Zone 5 Northern Villages G64-4,G66-7,G66-8 11,622 11,277 11,231 11,138 10,962 Total survey area 108,243 105,026 104,597 103,738 102,093 Note: * Postcode Sector G62-8: data included for part in E Dunbartonshire. Part in Stirling Council area is negligible ** Postcode Sector G65-9: data included for part in E Dunbartonshire (Tw echar) and G66-5- part in E Dunbartonshire only. ***Population change from 2001 to 2011 based on the recent Census 2011 release for E Dunbartonshire 2,001 2,011 2,013 2,016 2,021 E Dunbartonshire Council Area Census Census 108,243 105,026 RG 2010 based population projections 104,380 103,954 103,100 101,465 Period 2011-13 2013-16 2016-21 Change 0.9959 0.9918 0.9841 Applied to 2011 Census population 104,597 103,738 102,093 Table 4.2 East Dunbartonshire comparison catchment areas: population projections 2001 2011 2013 2016 2021 Catchment areas Census Census based Bearsden/ Milngavie (Zones 1 & 2) 41,813 40,570 40,405 40,073 39,437 Bishopbriggs/ Kirkintilloch/ N Villages (Zones 3,4,5) 66,430 64,456 64,193 63,665 62,656 Total survey area 108,243 105,026 104,597 103,738 102,093 Sources: as Table 4.1 Page 23 of 68
East Dunbartonshire Council Retail Capacity Assessment 5.0 Household survey Introduction 5.1 The telephone interview survey (1,000) covered the area embracing the five zones representing the convenience catchment areas defined on Map 4.1. These zones comprise the groups of postcode sectors shown in Table 4.1, together with their populations. 5.2 Appendix 1 contains a list of the questions asked by the structured questionnaire, together with the interview quotas by zone, which were in proportion to the population of each zone. Interviews were conducted by randomly generated selection of telephone numbers within each zone. The output tables produced by RMG Clarity Market Research Ltd, together with the associated questionnaire, are provided as separate documents to accompany this report. 5.3 The household survey provides the best means of estimating the retail expenditure flows into, and out of, the catchment areas shown on Maps 4.1 and 4.2, by the residents of East Dunbartonshire. Survey findings 5.4 The following graphs and commentary refer to the most frequent responses to the questionnaire on issues relating to shopping patterns. Also included in the questionnaire are questions on usage and perceptions of the town centres as places to visit, and questions on the evening economy. These are available for separate use by the Council, as they are not central to the retail capacity study. 5.5 For the full list of responses, reference needs to be made to the RMG Clarity Research tabulations. Furthermore, the percentages shown in the graphs and script of this report excludes those respondents who said don’t know/ varies, don’t buy, internet and mail order- since the focus is on the relative attraction to floorspace in centres/stores. Internet spending on the different categories of goods is highlighted separately. Most visited stores for main food shopping 5.6 The most popular superstores and supermarkets for main food shopping are identified on the graphs overleaf: Bearsden residents: Asda at Bearsden is the predominant attraction, followed by Tesco in Milngavie. Morrisons at Crow Road, Glasgow and M&S in Milngavie are also identified, but in lesser proportions; Milngavie residents: Tesco in Milngavie is identified by nearly 71% of the respondents, followed by ASDA at Bearsden; Page 24 of 68
East Dunbartonshire Council Retail Capacity Assessment Main food shopping and mode of travel Page 25 of 68
East Dunbartonshire Council Retail Capacity Assessment Bishopbriggs residents: similar proportions (about 40% each), most often visit Morrisons and Asda at Bishopbriggs. Smaller proportions visit Asda at Robroyston and Tesco at St Rollox; Kirkintilloch residents: Tesco and Sainsbury’s at Kirkintilloch are the main destinations; and Northern Villages: the most visited stores for main food shopping include M&S at Strathkelvin Retail Park, Sainsbury’s at Kirkintilloch, ASDA at Bishopbriggs and Tesco at Kirkintilloch, with a more even spread of destinations compared to the other catchments. Mode of travel to main food destination 5.7 The graph on the previous page shows that about 76% of shoppers went to their most visited foodstore by car, with 12% walking and 8% travelling by bus. These findings reveal the continued primacy of the car for main food shopping trips. Main centres for clothing and fashion 5.8 The graphs overleaf show the most popular destinations for comparison goods shopping by category. Residents of the Milngavie/ Bearsden catchment mostly visit Glasgow City Centre (59%) for clothing and fashion, followed by Braehead (18%). Only 4% identified Milngavie town centre as their main destination. In the Bishopbriggs/ Kirkintilloch/ Northern Villages catchment, residents identified Glasgow City Centre as their main destination (69%), followed by Strathkelvin Retail Park (9%). Main centres for furniture, floorcoverings and furnishings 5.9 Residents of the Milngavie/ Bearsden catchment mostly visit Glasgow City Centre (47%) for furniture and furnishings, followed by Braehead (11%) and Clydebank (11%). In the Bishopbriggs/ Kirkintilloch/ Northern Villages catchment, residents identified Glasgow City Centre as their main destination (39%), followed by Strathkelvin Retail Park (34%). Main centres for domestic appliances 5.10 Glasgow City Centre (26%) followed by Great Western Retail Park (19%) were identified by residents of the Milngavie/ Bearsden catchment as their most visited centres for buying domestic appliances. In the Bishopbriggs/ Kirkintilloch/ Northern Villages catchment, residents identified Strathkelvin Retail Park as their main destination (71%), followed by Glasgow City Centre (14%). Page 26 of 68
East Dunbartonshire Council Retail Capacity Assessment Main destinations for comparison goods shopping Page 27 of 68
East Dunbartonshire Council Retail Capacity Assessment Main centres for DIY/hardware 5.11 Great Western Retail Park (36%) followed by other local shops in Milngavie (14%) and Strathkelvin Retail Park (13%) were identified by residents of the Milngavie/ Bearsden catchment as their most visited centres for buying DIY and hardware. In the Bishopbriggs/ Kirkintilloch/ Northern Villages catchment, residents identified Strathkelvin Retail Park as their main destination (85%), followed by local shops in Bishopbriggs (3%). Strathkelvin Retail Park is the overwhelming destination in terms of popularity. Main centres for personal goods 5.12 Residents of the Milngavie/ Bearsden catchment mostly visit Glasgow City Centre (47%) for personal goods, followed by Milngavie town centre (14%) and Braehead (11%). In the Bishopbriggs/ Kirkintilloch/ Northern Villages catchment, residents identified Glasgow City Centre as their main destination (54%), followed by Strathkelvin Retail Park (18%). Internet and mail order shopping 5.13 Use of the internet and mail order shopping was not a specific question, but the survey recorded where respondents identified the internet and mail Page 28 of 68
East Dunbartonshire Council Retail Capacity Assessment order in their responses to the questions by type of goods. These forms of shopping are known as special forms of trading (SFT) - see section 3. Use of the internet and mail order accounted for significant proportions of shopping for personal goods and domestic appliances by residents of East Dunbartonshire, but otherwise the proportions are relatively low for other 3 goods categories, as indicated by the graph. The current UK proportion of SFT is 12.3% for all retail goods. 5.14 In the analysis for the capacity study, the proportions of SFT are based on national forecasts, including allowance for increasing proportions of internet spending in the future. These sources on SFT will be more reliable than the survey based findings, which are not applied for this reason. 5.15 The survey findings on the shopping patterns by goods type are combined to show the patterns for all convenience goods and all comparison goods in the following sections. 3 Experian Retail Planner, Briefing Note 11, 2013- page 19 Page 29 of 68
East Dunbartonshire Council Retail Capacity Assessment 6.0 Convenience expenditure and turnover Introduction 6.1 The analysis examines the relationships between expenditure and turnover for each of the five catchment areas and for the Council area as a whole. It incorporates the shopping patterns from the household survey, which reveal the expenditure inflows and outflows from each catchment. All values are expressed in constant 2012 prices. Forecast convenience expenditure potential 6.2 Table 6.1 shows the forecast expenditure per capita data for East Dunbartonshire, based on data commissioned from Experian for this study. These forecasts take account of the socio economic structure of the area, with UK based forecasts of change by Experian to 2016 and 2021 applied. Account is taken of the current economic conditions and assessment of various trend projections, which together represent Experian’s ‘central case forecasts’. 6.3 Special forms of trading (SFT), including internet shopping, are removed from the expenditure per capita data, so that it relates to conventional shop floorspace, as shown in Table 6.1. The proportion of SFT is projected to increase up to 2021- see section 3. It should be noted that the proportions of SFT shown in this table do not include internet home delivery coming from existing supermarket shelves. Table 6.1 Convenience expenditure per capita forecasts for East Dunbartonshire (in 2012 prices) 2011 2013 2016 2021 £ £ £ Expenditure per capita E Dunbartonshire 2,235 2,210 2,219 2,317 excluding special forms of trading 2,192 2,154 2,148 2,211 Note: The figure for 2011 is from Experian data commissioned for East Dunbartonshire for this study. The orignal figure w as £2,152 in 2011 prices. This has been converted to 2012 prices by a factor of 1.03850 from Experian Retail Planner, Briefing Note 11, Appendix 4b. UK grow th rates are applied, from Appendix 4a- see below . £ £ £ £ UK convenience spend per capita in 2010 prices 1813.7 1793.2 1801.2 1880.5 Less: special forms of trading- internet etc -1.9% -2.5% -3.2% -4.6% From Experian Retail Planner, Briefing Note 11, central case convenience expenditure grow th forecast, Appendix 4a. The deductions for special forms of trading are from Appendix 3, page 19 Page 30 of 68
East Dunbartonshire Council Retail Capacity Assessment 6.4 Forecasts of the total convenience expenditure potential of the residents of each catchment area are shown in Table 6.2. They dip slightly in 2016, rising again to almost the same totals in 2021 as currently. Table 6.2 Convenience expenditure potential of the residents of each catchment area (in 2012 prices) 2013 2016 2021 Catchment areas £million £million £million Zone 1 Bearsden 58.2 57.6 58.3 Zone 2 Milngavie 28.8 28.5 28.9 Zone 3 Bishopbriggs 48.7 48.1 48.8 Zone 4 Kirkintilloch 65.4 64.7 65.5 Zone 5 Northern Villages 24.2 23.9 24.2 East Dunbartonshire 225.3 222.9 225.7 Note From Table 4.1 and Table 6.1. Excludes special forms of trading, including internet spending. Market shares by catchment area 6.5 Market shares refer to the proportions of expenditure from residents of a defined area which is spent in that area and in other areas. Table 6.3 shows the convenience market shares for each catchment area, based on the household survey. Details of how the patterns for main food shopping and top-up shopping from the survey questions are combined to represent all convenience shopping are provided in Appendix 2. 6.6 Table 6.3 shows that 55% of the residents of the Bearsden catchment do their convenience shopping locally, with 25% going to Milngavie and 20% to locations outside East Dunbartonshire. Some 76% of residents of the Milngavie catchment do their shopping in the area and 18% in Bearsden, with only 6% using stores outside the Council area. The table indicates a significant interrelationship between Bearsden and Milngavie, but a minimal attraction for residents of these two catchments to stores in the remaining catchment areas. Page 31 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 6.3 Where residents of each catchment area do their convenience shopping (market shares) Origin- catchment areas Zone 1 Zone 2 Zone 3 Zone 4 Zone 5 Total East Destination Dunbartonshire Bearsden 55% 18% 0% 1% 3% 17% Milngavie 25% 76% 0% 1% 5% 17% Bishopbriggs 0% 0% 83% 24% 42% 29% Kirkintilloch 0% 0% 1% 56% 29% 19% Northern Villages 0% 0% 0% 0% 9% 1% Outside E Dunbartonshire 20% 6% 15% 18% 12% 16% Total 100% 100% 100% 100% 100% 100% Note Based on the household survey results for main food shopping and top-up shopping, w eighted to show the composite for all convenience shopping. Details are provided in Appendix 2. Percentages are rounded. 6.7 In the Bishopriggs catchment, the retained convenience expenditure is very high at 83%, with most of the balance going to stores outside East Dunbartonshire, but only 1% using Kirkintilloch. The survey indicates that 56% of the residents of Kirkintilloch do their convenience shopping locally, with 24% going to Bishopbriggs and 18% to stores outside the Council area. In the Northern Villages, only 9% of convenience shopping is retained, with most going to Bishopbriggs (42%) and Kirkintilloch (29%). The table indicates very little current attraction to Bearsden and Milngavie from residents of the other catchment areas for convenience shopping. Convenience expenditure and turnover in the catchment areas 6.8 The relationship between total expenditure and turnover in each catchment is defined simply as: residents’ expenditure potential plus inflows, less outflows equals total turnover. 6.9 Appendix 3 shows the estimates of expenditure inflows to each catchment in detail, based on the household survey and application of the 2008 based NSLSP data for inflows from outside East Dunbartonshire. The outflows are derived from the current household survey. 6.10 Tables 6.4 to 6.9 show the survey based convenience expenditure and turnover relationships for each catchment area and for East Dunbartonshire in 2013, 2016 and 2021. High inflows to stores in the Bearsden and Milngavie catchments from outside East Dunbartonshire are evident (mainly to Asda and Tesco). Also, high inflows to stores in the Milngavie catchment and the Bishopbriggs catchment from the rest of East Dunbartonshire are also evident, which Page 32 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 6.4 Bearsden catchment: convenience expenditure and turnover (in 2012 prices) Zone 1 Bearsden catchment: convenience expenditure and turnover (in 2012 prices) 2013 2016 2021 % £million £million £million Main catchment residents' expenditure potential 58.2 57.6 58.3 Add: inflows from rest of E Dunbartonshire 11% 6.6 6.5 6.6 inflows from outside E Dunbartonshire 29% 16.9 16.7 16.9 Less: outflows -45% -26.3 -26.1 -26.4 Turnover 55.3 54.7 55.4 Note From Table 6.2 and Appendix 3 Table 6.5 Milngavie catchment: convenience expenditure and turnover (in 2012 prices) Zone 2 Milngavie catchment: convenience expenditure and turnover (in 2012 prices) 2013 2016 2021 % £million £million £million Main catchment residents' expenditure potential 28.8 28.5 28.9 Add: inflows from rest of E Dunbartonshire 57% 16.4 16.2 16.4 inflows from outside E Dunbartonshire 33% 9.6 9.5 9.6 Less: outflows -24% -7.0 -6.9 -7.0 Turnover 47.8 47.2 47.8 Note From Table 6.2 and Appendix 3 Table 6.6 Bishopbriggs catchment: convenience expenditure and turnover (in 2012 prices) Zone 3 Bishopbriggs catchment: convenience expenditure and turnover (in 2012 prices) 2013 2016 2021 % £million £million £million Main catchment residents' expenditure potential 48.7 48.1 48.8 Add: inflows from rest of E Dunbartonshire 53% 25.7 25.4 25.7 inflows from outside E Dunbartonshire 16% 8.0 7.9 8.0 Less: outflows -17% -8.1 -8.0 -8.1 Turnover 74.2 73.4 74.3 Note From Table 6.2 and Appendix 3 Table 6.7 Kirkintilloch catchment: convenience expenditure and turnover (in 2012 prices) Zone 4 Kirkintilloch catchment: convenience expenditure and turnover (in 2012 prices) 2013 2016 2021 % £million £million £million Main catchment residents' expenditure potential 65.4 64.7 65.5 Add: inflows from rest of E Dunbartonshire 11% 7.3 7.3 7.3 inflows from outside E Dunbartonshire 4% 2.8 2.8 2.8 Less: outflows -44% -28.7 -28.4 -28.7 Turnover 46.9 46.4 47.0 Note From Table 6.2 and Appendix 3 Page 33 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 6.8 Northern Villages catchment: convenience expenditure and turnover (in 2012 prices) Zone 5 Northern Villages catchment: convenience expenditure and turnover (in 2012 prices) 2013 2016 2021 % £million £million £million Main catchment residents' expenditure potential 24.2 23.9 24.2 Add: inflows from rest of E Dunbartonshire 1% 0.1 0.1 0.1 inflows from outside E Dunbartonshire 0% 0.0 0.0 0.0 Less: outflows -91% -22.0 -21.8 -22.1 Turnover 2.3 2.2 2.3 Note From Table 6.2 and Appendix 3 Table 6.9 East Dunbartonshire: convenience expenditure and turnover (in 2012 prices) East Dunbartonshire: convenience expenditure and turnover (in 2012 prices) 2013 2016 2021 % £million £million £million Main catchment residents' expenditure potential 225.3 222.9 225.7 Add: inflows from outside E Dunbartonshire 17% 37.2 36.8 37.3 Less: outflows -16% -36.1 -35.7 -36.1 Turnover 226.5 224.0 226.8 Note From Table 6.2 and Appendix 3 reflect the interrelationship with their respective neighbouring catchments. For similar reasons, there are very high outflows from the Bearsden, Kirkintilloch and Northern Villages catchment areas. The overall inflows and outflows from East Dunbartonshire as a whole are almost in balance. In fact the current outflow of 16% is slightly less than the outflow of 17.8% estimated in the 2009 Capacity Study for 2008. There was no quoted inflow in the previous Study. Convenience floorspace and turnover in 2013 6.11 The current distribution of convenience floorspace in East Dunbartonshire and in the five catchments is shown in Table 6.10, based on data provided by the Council from their 2012 floorspace survey and sorted by the consultants for this study. The current total of 25,094 sq m net compares to the total of 24,645 sq m net in the 2009 Capacity Study. Average company turnover/ floorspace ratios from the Retail Rankings 2013 are applied, with adjustments to include VAT and remove petrol/ non- retail sales, expressed in 2012 prices. These ratios are applied to the main supermarkets, with estimated average ratios applied to other shops. Table 6.10 shows the total average turnover in each catchment at average levels, based on this method. Page 34 of 68
East Dunbartonshire Council Retail Capacity Assessment Table 6.10 East Dunbartonshire convenience floorspace and turnover at average and actual levels from the survey in 2013 (in 2012 prices) Floorspace sq m Turnover Turnover gross net £ per sq m £million Zone 1 Bearsden Town Centre 885 595 5.1 M&S Simply Food (total 636 sq m gross) 636 445 10,234 4.6 Other town centre shops 249 149 3,900 0.6 (1) ASDA, Milngavie Rd (total 9,535 sq m gross- 60% conv) 5,721 3,433 12,055 41.4 Lidl, Baljafray (total 894 sq m gross-90% conv) 805 603 4,045 2.4 Other Bearsden out of centre shops 2,286 1,372 3,100 4.3 Total at average levels 9,697 6,002 53.2 Over-trading 4% 2.1 Total from survey (actual levels) 55.3 Zone 2 Milngavie Town Centre 7,112 4,411 38.9 Tesco- Gavin's Mill Rd (total 5,539 sq m gross 73% conv) 4,043 2,426 10,209 24.8 M&S Simply Food (total 1,590 sq m gross 90% conv) 1,431 1,002 10,234 10.3 Other town centre shops 1,638 983 3,900 3.8 Other Milngavie shops 887 532 3,100 1.6 Total at average levels 7,999 4,943 40.5 Over-trading 18% 7.3 Total from survey (actual levels) 47.8 Zone 3 Bishopriggs Town Centre 3,722 1,890 21.8 Morrisons, The Triangle (3,815 sq m gross-90% conv) 3,434 1,717 12,289 21.1 Other town centre shops 288 173 3,900 0.7 ASDA Kirkintilloch Road (total 6,104 sq m gross-70% conv) 4,273 2,564 12,055 30.9 M&S Simply Food, Strathk R Park (1,880 sq m gross-90% conv) 1,692 1,184 10,234 12.1 Tesco Express, Kirkintilloch Rd 329 247 15,945 3.9 Other Bishopriggs out of centre shops 2,388 1,433 3,100 4.4 Total at average levels 12,403 7,317 73.2 Over-trading 1% 1.1 Total from survey (actual levels) 74.2 Zone 4 Kirkintilloch Town Centre 7,402 4,441 40.7 Tesco- Regent Centre (total 3,012 sq m gross-95% conv) 2,861 1,717 10,209 17.5 Sainsbury's,Shamrock St (total 3,668 sq m gross 85% conv) 3,118 1,871 10,606 19.8 Other town centre shops 1,423 854 3,900 3.3 Other Kirkintilloch shops 1,170 702 3,100 2.2 Lenzie 1,036 622 3,100 1.9 Twechar 131 79 3,100 0.2 Total at average levels 9,739 5,844 45.0 Over-trading 4% 1.8 Total from survey (actual levels) 46.9 Zone 5 Lennoxtown 1,165 699 3,100 2.2 Milton of Campsie 242 145 3,100 0.5 Torrance 240 144 3,100 0.4 Total at average levels 1,647 988 3.1 Under-trading -26% -0.8 Total from survey (actual levels) 2.3 Total East Dunbartonshire 41,486 25,094 215.0 Over-trading 5% 11.5 Total from survey (actual levels) 226.5 Note Gross floorspace provided by the Council, based on the Assessor- 2012 (1) The total gross floorspace of ASDA is 11,246 sq m (Assessor). In this table, the loading bay area (1,711 sq m) has been excluced. Net floorspace- estimates by R MacLean. Estimate for Tesco Milngavie from PPC. Page 35 of 68
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