NEWS

Flurry of lettings at Loanhead's new industrial estate

6th December 2018

Ryden and Ft Linden have announced four new lettings at Edgefield Trade Park, Loanhead following the completion of an extensive refurbishment earlier this year by Business Parcs Limited.

The new tenants include SAR Recycling, Inclusive Scotland, Ocelot Chocolate, and Les Whatford. All four lettings have achieved £8.50 - £9 per sq ft, and there are currently five units remaining.

The 27,000 sq ft facility which was previously occupied by CGD Binders, has been sub-divided into 10 modern industrial / workshop units ranging from c.2,000 - 4,500 sq ft.

The building now benefits from new insulated walls and roof with each unit having an electric up and over vehicle door, tea prep and WC. Along with a re surfaced communal yard / parking area.

Cameron Whyte of Ryden commented: “Subdivision of redundant industrial units is an initiative we expect to see more of as Edinburgh’s industrial supply continues to be pushed out of the city centre by residential development.”  

Angus Thomson of FT Linden added: “Loanhead in particular is fast becoming the prime industrial location to service Edinburgh and the Lothians as it continues to achieve some of the highest rents in the central belt.”

Simon Dormer, Development manager for Business Parcs Limited commented: “It is great to see the market for small to medium industrial units in Edinburgh so strong at the moment and we are delighted with the progress to date.”

Ryden and FT Linden represented landlord Business Parcs Limited in these lettings.

Cameron Whyte

Cameron joined Ryden in May 2011 following a role as a graduate surveyor based in Leeds where he had been assisting in a variety of agency and professional projects. He was promoted to Senior Surveyor in May 2016. Within Ryden's Edinburgh office Cameron works on a broad range of instructions across two departments; Industrial & Development and Office Agency. He specialises in providing transactional advice for a wide range of clients with a strong focus on property acquisitions and disposals, advice on market rents / capital values and marketing initiatives. He has extensive experience of dealing with a wide variety of properties for both public and private sector clients.

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