Knight Property Group completes sale of 10-unit East Kilbride multi-let industrial development

February 27th, 2024

Category: general

Langlands Phase 1 sold to Northern Trust

Knight Property Group has completed the sale of the Langlands Commercial Park Phase 1 in East Kilbride to Northern Trust.

Built speculatively in 2020, this ten-unit multi-let industrial scheme is fully let to a range of occupiers, including James Raeburn & Sons, Munro EV, Strachan & Kemp, RGM Vent and ETS.

Each unit extends to 2,500 sq ft industrial space and includes a single office with toilet facilities, along with electrically operated roller shutter doors, 6.74m external eaves height, EV charging facilities and ample car parking.

Howard Crawshaw, Managing Director of Knight Property Group said:

“This development attracted good interest from a wide variety of tenants and was fully let within 12 months of practical completion. The business plan for the estate was to trade the asset which we moved forward with in 2023.

“We were delighted to conclude this sale and remain on-site at Langlands Commercial Park Phase 2 with the development of a 28,000 sq ft industrial unit, which is scheduled for completion this April.”

Langlands Commercial Park is located within the well-established Kelvin South and Langlands industrial areas of East Kilbride, adjacent to Sainsbury’s logistics facility. The site is prominently situated with excellent connectivity to Scotland’s main motorway network serving central Scotland and beyond.

Lismore Real Estate advised on the sale.

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