Knight Property Group acquire site outside Glasgow city centre

Knight Property Group have acquired the former Devro manufacturing facility in Bellshill, situated to the south east of Glasgow City Centre.

The site extends to 14 acres in total and currently houses a large production facility, external storage, yards space and car parking.

Knight has been granted a building warrant for demolition of the premises plus site clearance and works have already commenced with a view to completion of this initial phase in approximately 4 months.

Situated within the popular Bellshill Industrial Estate, Transport links are excellent with quick access to the A725 dual carriageway providing direct access to the M8 motorway between Glasgow and Edinburgh and also the M74, which is Scotland’s main road link south. Glasgow International Airport is only 25 minutes’ drive west via the M8 motorway, and Edinburgh International Airport is only 40 minutes’ drive east.

Surrounding occupiers include DHL, Yodel, TradeBe, TNT, Nationwide Platforms and HSS Hire. Nearby amenities also include Tesco Extra and Bellshill Shopping Centre.

Knight are considering and preparing options for the site at present and given current market demand and shortage of stock in the logistics sector, it is confident that the location will prove popular.

Howard Crawshaw, Director of Knight Property Group said, “We are absolutely delighted to have acquired this site at Bellshill, it is a fantastic location which is reflected through the many surrounding occupiers. Demolitions have started and we are working up several schemes and masterplans for the site and some initial early occupier discussions are taking place. Given the strength of the logistics, distribution and industrial sectors we firmly believe if we bring the quality of the Knight product to the market the demand and occupier appetite will justify our commitment to the development.