Sunday, November 17, 2019

Final phase at west Edinburgh Business Park now on-site

An illustration of Phase 3 West Edinburgh Business Park

PHASE 3 at West Edinburgh Business Park, the latest industrial development by J. Smart & Co. (Contractors) PLC, is now under construction. It comprises a terrace of 2,128 sq m (22,905 sq ft), which can be let as a whole with a private secure yard or is capable of providing individual units from 304 sq m (3,272 sq ft).

The development offers a high-profile location facing directly onto main thoroughfare South Gyle Crescent with excellent connections to major transport routes and nearby Edinburgh International Airport. The units benefit from Use Classes 4, 5 & 6 with bespoke trade counter consent and will be available for occupation from Summer 2020.

Phase 3 follows the successful 100% letting of Phase 1 and 75% letting of Phase 2 where recent lettings have included Valtti Specialist Coatings Ltd occupying units 23-27 extending to approximately 1,226 sq m (13,200 sq ft) on a 10- year lease based on a rent of £8.50 per sq ft; Flame Heating Spares Ltd and The Agency for the Legal Deposit Library at Unit 15 extending to 306 sq m (3,299 sq ft), and Unit 21 extending to 305 sq m (3,283 sq ft) respectively on similar terms.

Unit 19 is currently under offer with the only remaining unit available to let at Phase 2 being Unit 17 which extends to 305 sq m (3,283 sq ft).

Duncan Tait at J. Smart & Co. (Contractors) PLC. Stated: “Following the successful lettings at Phases 1 & 2 we are pleased to be on-site with construction of much needed new industrial premises to respond to  the lack of new industrial development coming forward in Edinburgh.“

Niall Burns Partner at Burns & Shaw added “The fact that we had 75% of Phase 2 under offer prior to practical completion highlights the continuing demand from occupiers for modern well- located units in and around Edinburgh”.  

Bryce Stewart, Partner at Montagu Evans, said “Given the political uncertainty just now it goes to show that businesses are still in the market for high quality industrial accommodation and West Edinburgh Business Park offers just that!”

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