Tycoon Ali opening department store in Fife
Tahir Ali: opportunity
A property entrepreneur is aiming to revive a town’s retail offering by opening a department store in a building formerly occupied by Debenhams.
Tahir Ali, acquired the building in Kirkcaldy High Street last year and after evicting the tenant in a dispute over unpaid rent he now intends to launch the ‘Fife Department Store’.
Mr Ali, whose company Evergold bought the down-at-heel Postings Shopping Centre in the town three years ago, says he is owed £100,000 in rent from the high street unit, but wants to make a fresh start.
“I feel that allowing them to remain at my property would have been a far worse predicament for Kirkcaldy and me,” he said.
“I have decided to take the opportunity to bring on board a knowledgeable team of retail suppliers and specialists to help launch and support our own High Street department store.”
Mr Ali will continue working with the existing concessionaires who had filled the ground floor along with the 3 Beans coffee chain.
“It would have been a great shame to leave a gap in Kirkcaldy High Street when there exists such an exciting opportunity to develop a local and varied department store in the heart of the town’s pedestrianised centre to the benefit of the local community,” he said.
Mr Ali said that the 20,000 sq ft Fife Department Store will comprise concessions, local businesses and on the first floor will focus solely on quality affordable women’s clothing, children’s wear and menswear.