Westwood One, Glenrothes

Westwood One, Glenrothes

Glenrothes Description (Current Project) New Land Assets acquired the property in 2002 in a joint venture with Land Team from Canon Manufacturing UK Ltd, with vacant possession. The property comprises a 43 acre site including a purpose built manufacturing facility totalling 180,000 sq ft which has been fully let to Regenersis (CTDI). Expansion Land The…

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Glenshellach House, Oban

Glenshellach House, Oban

Oban Description (Current Project) The property built in 2000, was acquired in March 2006 in a sale and lease back from the owner occupiers. The property comprises a 3 bay HGV workshop with offices and a 2 storey self contained office suite. The property is occupied by a variety of tenants including City Plumbing Supplies,…

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Highhouse Industrial Estate, Auchinleck

Highhouse Industrial Estate, Auchinleck

Auchinleck Description (Current Project) The Estate was acquired in December 2011 in a joint venture with Hurston Estates Ltd. Whilst income producing, the estate had a number of voids and various wants of repair. Since acquisition the estate has undergone a rolling maintenance programme and maintained a near 100% occupancy level. In 2016 a new…

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Blocks 1, 2 & 4, Prestonhall Trading Estate, Cupar

Blocks 1, 2 & 4, Prestonhall Trading Estate, Cupar

Cupar Description (Current Project) Blocks 1 & 2, Prestonhall Trading Estate were acquired in August 2014. Block 4 was then added to the investment in October 2017. The property comprises two terraces of trade counter units fully let to a mixture of tenants including Wolseley UK Ltd (t/a Plumb Centre). Location Prestonhall Trading Estates is situated…

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Site 6/7 – Kilmory Industrial Estate, Lochgilphead

Site 6/7 – Kilmory Industrial Estate, Lochgilphead

Lochgilphead Description (Current Project) The property was purchased as an investment from Highlands and Islands Enterprise in August 1999, and consists of a terrace of 16 workshop units with associated compounds. The units are fully let and investment income has more than doubled since purchase. Key tenants include Argyll and Bute Council, Scottish Water and…

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Site 23 – Kilmory Industrial Estate, Lochgilphead

Site 23 – Kilmory Industrial Estate, Lochgilphead

Lochgilphead Description (Current Project) The site was purchased as a serviced plot from Highlands & Islands Enterprise in 2007. Since then plannning permission was granted to build a terrace of new workshop units. The development, secured by a pre-let to the Scottish Ambulance Service was completed in January 2010 with the remaining space pre-let in…

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Bankhead Workspace, Edinburgh

Bankhead Workspace, Edinburgh

Edinburgh Description (Past Project) The property was acquired for £30 / sq ft in June 2006 in a Joint Venture with Plum Developments from Ethicon (Johnson & Johnson). When purchased the property consisted of a single story factory complex together with a two storey office building occupying an island site. The joint venture team saw…

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Axis Park, Cumbernauld

Axis Park, Cumbernauld

Cumbernauld Description (Past Project) The site was purchased in 1996 by special purpose vehicle, Axis Park Development Company Ltd, with whom New Land Assets had a project management and profit sharing arrangement. The site was developed in 2 phases. Unit 1, a 40,000 sq ft unit was constructed in July 1998 and let to Anglo…

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City Park Industrial Estate, Glasgow

City Park Industrial Estate, Glasgow

Glasgow Description (Past Project) The property was acquired in 2007 in a joint venture with Plum Developments with a high vacancy rate and in need of upgrading. Following a refurbishment the units were marketed and sold to owner occupiers. Location City Park Industrial Estate lies between the M8 motorway and Alexandra Parade close to Glasgow…

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