Page 16 - KPG Activity Portfolio 2024 hires nov24

PHASE 2

E A S T K I L B R I D E

LAND ACQUISITION, SPECULATIVE
DEVELOPMENT AND PRE-LET

We started the third phase of speculative development at
Langlands in October 2023, with this brand new single-let
unit situated on a 2.60 acre site, adjacent to phase 1.
Extending to 28,585 sq ft, it consists of a modern warehouse,
with associated air conditioned offices of 1,993 sq ft. It
also offers car parking, electric car charging points and an
extensive 35,585 sq ft concrete yard.
Providing flexible high-quality industrial space with 10m
eaves height and two electrically operated roller shutter
doors, it is a steel portal frame construction and features
high performance cladding and has achieved an EPC rating
of ‘A’.
Pre-let to Briggs Equipment on a 15 year lease, it was handed
over in June 2024.

Client
Knight Property Group

Value
£7m
Contract
30 weeks
Size
2.60 acres with 1 unit - 28,585 sq ft
Tenant
Briggs Equipment UK Ltd

14 CURRENT ACTIVITY