Market Leads & Opportunities
Knight Property Group submit plans to develop new £50 million South Lanarkshire logistics park
Knight Property Group has submitted a planning application to South Lanarkshire Council to develop a brand new £ 50m logistics park in Bellshill, south east of Glasgow city centreThe property company submitted the plans on a speculative basis to develop the 14-acre site including plans for five new logistics units between the sizes of 28,940 sq ft, 18,940 sq ft, 33,945 sq ft, 47,940 sq ft and 125,665 sq ft.If approved, the company says development has the potential to attract new businesses and bring employment opportunities to the area.It will be branded as the Belgrave Logistics Park, which is located on the site of the former Devro manufacturing facility. It was acquired by Knight in February this year and is currently undergoing demolition and site clearance works.The units will each have a target EPC rating A. It will also include electric car charging points, solar panels to the roof, electric heat recovery and air conditioning to offices and water management flow restriction to conserve water.Belgrave Logistics Park is situated within the Bellshill Industrial Estate with transport links and access to the A725 dual carriageway which provides 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.
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