The Toll Clock Shopping Centre is being put up for sale by the family who have owned it for the last 30 years.
The Lerwick institution opened in 1988 and now has over 50 tenants.
But the Sutherland family – father George and his children Malcolm and Dawn Sim – have decided to hand the reins over to someone else willing to embrace a “unique opportunity”.
Mrs Sim, of Lerwick, said: “We have mixed feelings placing the shopping centre on the market for sale as it has been part of our lives for such a long and successful time.
“The shopping centre continues to go from strength to strength and we feel that the time has now come to pass on this unique opportunity.”
The decision was made because George wants to retire and Dawn and Malcolm are keen to focus on their other interests, including the three shops owned by their company Bolts Shetland Limited – Bolts Mini Market, Bolts Home Comforts and Toll Clock Toys.
Aberdeen estate agency FG Burnett is handling the sale.
Mrs Sim would not divulge the asking price when asked by The Shetland Times.