Lismore Real Estate Advisors has brought Langlands Business Park, a multi-let industrial investment opportunity in East Kilbride, to the market.
Extending to circa 147,994 sq ft over 24 units, the estate occupies a substantial 20.46-acre site and provides a diversified income stream from a range of occupiers, including Socotec UK, Busch (UK) Ltd and Quartztec Europe Ltd. It also offers 1.44 acres of potential development land, offering further asset management opportunities, subject to planning.
Currently 87.5% occupied, the estate generates a triple net income of £912,242 per annum, with significant scope to enhance value through upcoming rent reviews, leasing initiatives and future development potential.
Simon Cusiter, Director of Lismore Real Estate Advisors said:
“This represents an outstanding and rare opportunity to acquire a multi-let industrial investment in one of Scotland’s most established industrial and distribution locations.
“Langlands Business Park offers an attractive day-one income return, supported by a diverse tenant base, alongside significant opportunities to capture rental reversion, improve occupancy and unlock further value through future development.”
Langlands Business Park is situated within East Kilbride, a well-established industrial location approximately 12 miles south of Glasgow. The estate benefits from a strategic position around 7.5 miles from Junction 6 of the M74, providing convenient access to the wider Greater Glasgow motorway network.
It forms part of the established Langlands and Kelvin South Business Parks area and is located close to Sainsbury’s 200,000 sq ft logistics hub.