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box  Charlie Adair returns to his roots
Acting on behalf of Bankhead Estates LLP Jones Lang LaSalle and King Sturge are pleased to announce the sale of Unit 10 at City Park Industrial Estate to Director of The Verve Limited, Charles Adair. The Verve will be taking a tenancy of the unit as a storage and distribution facility servicing the Glasgow area.

The prominent location of City Park Industrial Estate and in particular Unit 10 with its frontage to the M8 motorway is ideally situated for easy access and distribution to both the east and the west of the city.

There has been considerable interest in City Park Industrial Estate since the rebranding and marketing campaign commenced a few weeks ago. As a result there are active discussions ongoing with several other parties in respect of all the remaining 6 vacant units at City Park. This is all the more remarkable given that the refurbishment programme which is currently underway to upgrade the units and the common parts of the estate will not be completed for another 4-5 weeks. Particularly notable is the very strong interest from owner occupiers who wish to acquire freehold property at City Park Industrial Estate.

Alex Fraser of Jones Lang La Salle comments "The sale to The Verve is the first unit on the Estate to be sold by Bankhead Estates. It is further indication that demand remains strong for quality freehold properties of this size and nature. The estate benefits from significant prominence to the M8 motorway which will provide The Verve with an excellent signage opportunity. This sale confirms the confidence which our Client has in City Park Industrial Estate, that it will prove extremely popular with owner occupiers".

Angus Hamilton of Bankhead Estates comments "We have been delighted to conclude a sale to Charlie Adair which will provide accommodation for The Verve. We are hopeful that the level of interest that our agents are reporting in City Park Industrial Estate will enable us to repeat the success of the similar scheme which we completed earlier this year on the Sighthill Industrial Estate in Edinburgh. Both schemes aim to provide good quality freehold units to meet the demands of owner occupiers. We are confident that we will be announcing further sales at City Park in the very near future".
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box  February 2011
Edinburgh, 3A Dublin Meuse, Ground Floor leased to Idelta Limited

box  November 2010
Edinburgh, Venue Studios, building and car park sold to London based Pension Fund.

box  September 2010
Glasgow, City Park Industrial Estate, Unit 8, 5000 sq ft, Sold to Haute Couture.

box  August 2010
Glasgow, City Park Industrial Estate, Unit 6, 5000 sq ft, Sold to ARICS Properties LLP..

box  March 2010
Glasgow, City Park Industrial Estate, Unit 3, 3000 sq ft sold to Dalmarnock MOT

box  February 2010
Calton Road parking. All nine spaces leased to Virgin Money.

box  December 2009
Edinburgh, Venue Studios, Level 3, 2850 sq ft leased to Virgin Money. Venue studios now fully let.

box  August 2009
Edinburgh, 13A Abercromby Place, office space leased to Lynchpin Analytics Limited.

box  July 2009
Glasgow, City PArk Industrial Estate, Unit 6, 5000 sq ft, leased to APPS Outdoor Media.

Fort William, after sale of Birthdays from administration, agreement that 'new co' wishes to trade from Fort William store at same rental levels;

box  June 2009
Edinburgh, 3A Dublin Meuse, first floor leased to Mike Coulter, Social Media Consultancy.

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Sunday 5th of February 2012 12:31:53 AM
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