PRINCES STREET

Creating a future gateway to Edinburgh Ambitious Vision for Waverley Mall

Waverley Mall has a unique retail mix attracting over 6.5m visitors a year for fashion, beauty, convenience and gift shopping.

Together with a vibrant food offer Waverley Mall provides the only covered retail space in the city centre at present.

The centre is located at the east end of Edinburgh city centre, alongside Waverley Station and close to the new St James Quarter development.

The retailing and leisure pitch in the city has seen a significant shift towards the east end and therefore the centre is ideally positioned to take advantage of this.

Waverley Mall footfall continues to Redevelopment plans underway grow positively year-on-year (+2.6%) with work commencing out-performing the Scottish and in summer 2018 of new UK average footfall trends by +9% Waverley Steps entrance. Waverley Mall has benefitted from the 2017 business rates revaluation with levels now significantly lower than other prime city centre locations including George Street, Frederick Street, Hanover Street and Princes Street – on average Waverley Mall rates were reduced by 55%.

In addition the centre also offers occupiers an opportunity to secure space within the city centre at significantly lower rents than the other retail pitches in the city. Overall occupational costs for a unit within Waverley Mall are substantially lower than a similar sized unit on Princes Street.

Coupled with flexible and attractive terms this makes Waverley Mall a welcome alternative for businesses seeking space close to Princes Street, St Andrew Square, Waverley Station and the new St James development.

KFC continue to enjoy strong levels of trade at Waverley Mall and we will benefit from the imminent work to Waverley Steps which opens up the visual aspect to the store and provides much better pedestrian access to the centre from Waverley Station.

Gordon Ritchie, KFC Facility Manager

Key Anchors

Flexible EDINBURGH’S CITY CENTRE’S ONLY Flexible and attractive covered space available MALL I n d i a n S t S L t a StS mamaicac Ja w otot Ro CALTON HHeerrii HILL QUEEN STREET EDINBURGH GARDENS ST JAMES 2021 N

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F r e d Ln W W Re Location e t S ge S n Pl r stle a t R n i i t d by n c Th Al L e t N k ll S r Hi S A1 l t o N t o iilll SSt P H l C t aas Ln S s t S ge Arguably the best-connected retail and leisure destination t illll S orgr C lle H eoe n e n N LnL G e L al St us t ng S Me o ou t n Y t ng StS Rd in Edinburgh, Waverley Mall is easily accessible with You EDINBURGH JENNERS Calton Rd frequent bus and tram services and by pedestrians direct ST SCOTT St Ln ES MONUMENT from Waverley Station and Princes Street. Waverley Station ge St N St IINNC or Rosese Rose PPRR Ge N o N r e t w h offers local and national connections with regular commuter Ln S t S B S t se rir o i R EDINBURGH d g WAVERLEY e services linking city centre Edinburgh to Fife, the Borders, E Markeket St T h LnLn e Jeffrey St S St M Rosose the west of Scotland and the North. Fast rail connections o t St u rke n Ma via the East and West coast services provide national and d S ST PRINCES STREET CE GARDENS St RIN rket Cockburn St international links across the UK rail network. P Ma

Located on Princes Street, Waverley Mall plays a strong B S l a G c r ST GILES k a ffr y N r ’ Rd social and economic city centre role providing a location i s od CATHEDRAL a o i lyr ddd o r C VH d s l i r S e y t w B c S P r l t a for entertainment and events as well as being a draw for a le i iri g r a s G S a K t n a ing Stable ate c rden s Rd wg e visitors using the Edinburgh iCentre. Working with the Co St John’s Hill EDINBURGH CASTLE S City Fringe Festival, brands and event operators Waverley o u St t y h ar

K ce BrB rm a s inng rr r fi g e i In Mall is the go-to location for high impact city centre T d n S n e tta o geg ab st d l n t e r e h s S a C s er R a R Jo b G s d haham o tl C x g activities that attract additional footfall and sales. e b i a Te u r r r c ra g c t h w e S e d S i on V mm t Dru

Waverley Station Waverley Station Waverley Mall Waverley Mall Waverley Station is forecast to have over 29m passengers in 2018

Scotland’s main rail terminus In addition to very positive year-round footfall, Edinburgh’s unique trading pattern offers the annual equivalent of two Christmas `peaks’ as the city welcomes thousands of local, national and international visitors and tourists for the summer Edinburgh International and Fringe Festivals.

Recent research has reinforced that Waverley Mall sits at the heart of an affluent, mobile and discerning catchment. In-centre conversion rate ANNUAL EARNINGS OF EDINBURGH of over RESIDENTS IS THE 2ND 80% highest IN THE UK AFTER LONDON

70% of visitors are ABC1 90% awareness of Waverley Mall from Edinburgh residents Waverley Mall is home to Edinburgh’s main Tourist Information Centre

EDINBURGH ATTRACTS 4 million TOURIST VISITS PER ANNUM SPENDING £1.2B ACROSS THE CITY

AVERAGE DAILY TOURIST SPEND IN EDINBURGH IS ESTIMATED AT £100

Research source: Consumer Exit Survey February 2018 and Marketing Edinburgh & City of Edinburgh Council. Opportunities

VACANT The future vision is taking shape as landlords Moorgarth reposition the iconic location as a genuine gateway to Edinburgh and Scotland. TBC

Internal works to replace and upgrade finishes, lighting, flooring and sight lines have already started and planning permission has been approved for significant improvements to the Waverley Steps entrance and will be progressing during Spring 2018. VISIT SCOTLAND

These works will be followed by the works to improve the public realm and the reconfiguring of internal and external space TBC to provide new opportunities for retail and leisure space. PLAZA LEVEL DA SOCIET MA VA GE D ARRAN CAN T Y M

THE AT GLENEAGLES WHISKY OF SCOTLAND SHOP NO.1 TARTAN HOUSE CURRENCY OF SCOTLAND

UPPER GROUND

Indian Express SPUDULIKE

VACANT ANIME SUSHI REPUBLIC STOP

VACANT M PIZZA

AT MAFIA STOP!

I LOVE SCOTLAND

LOWER GROUND Proud to partner with:

David Waterworth Andy Bain Daryll Bunce Tel +44 (0)113 246 2712 Tel: 0131 558 5108 Tel: +44 (0)7967 046 121 Mob: +44 (0)7974 062 239 Mob: 07770 524977 Email: [email protected] Email: [email protected] Email: [email protected]

Tim Vaughan Anna Hansen Tel: +44 (0)113 246 2715 Tel: 0131 558 5110 Tel: +44 (0)207 812 0600 Mob: 07717 411 668 Mob: +44 (0)7768 068 244 Email: [email protected] Email: [email protected]