Thursday 18 September 2008

ARC OF CONFIDENCE FOR HILLINGTON PARK OFFICES

A distinctive development of seven office suites is currently under construction on a speculative basis at Hillington Park, demonstrating a rare confidence in the market at this particular time.

The Arc, a £4 million development by MEPC, the majority landowners at Scotland’s largest business location to the west of Glasgow, is a curved terrace of single-storey office accommodation, ranging from 226 square metres (2,433 square feet) to 352 sq m (3,789 sq ft).

The scheme was designed to take advantage of a unique semi-circular site on the east side of Hillington Park, and is expected to appeal to small to medium-sized businesses seeking high-quality, good-value, out-of-town accommodation. Indicative rental costs are likely to be in the range of £16 per sq ft per annum.

Grant Edmondson, managing director of MEPC Hillington Park, said: "Even though there are signs that the office market is cooling, MEPC are ploughing ahead with this speculative office scheme since we have very little stock available. We are committed to providing office space of a price and quality at the Park which the occupier market demands."

The development is located in what is becoming an established office area of the estate: adjacent to Centura Court which is home to Ceridian, British Red Cross and Fujitsu, and close to the Hillington Park Innovation Centre and the Lumina building, which was let to Balfour Kilpatrick early this year.

The Arc will be built to a high sustainable specification and has achieved a ‘Very Good’ BREEAM rating. Unusually, the accommodation is at ground floor only, offering a single, space-efficient floorplate. Each office will enable occupiers’ full control over their premises, with dedicated main door entry and reception, together with the ability to erect their own external corporate signage.

Mr Edmondson also revealed that MEPC has successfully let an office suite on the ground floor of The Hub, which also houses MEPC’s own estate office. OLM Group Ltd have graduated from the Hillington Park Innovation Centre, taking 278 sq m (2,992 sq ft) on a five-year lease, at a rent of £15.50 per sq ft. The remaining space on the first floor of the prominent building in Earl Haig Road, opposite the Retail Centre, is also under offer.

At the same time, Online Media Branding Ltd (trading as 360 Innovate), are relocating from the east end of Glasgow into nearby Cameron Court, Cameron Street, where they will occupy an office suite of 361sq m (3,893sq ft) at a rent of £10.00 per sq ft on a 10-year lease.

"We are always pleased when a company that has been incubated at Scotland’s leading-edge Innovation Centre decides to remain at Hillington," said Mr Edmondson. "It demonstrates our long-held experience that by providing the right range of accommodation and a flexible customer-focused approach, MEPC can retain growing businesses at Hillington Park over the long term."

The letting agents on Hillington Park offices are Ryden and Cushman & Wakefield.

Thursday 4 September 2008

Hillington Park joins the social network revolution

Hillington Park sets up a facebook page. Hopefully this will develop over the coming months to provide a resource of information for what’s happening on the business park here in Glasgow

Click to view our page

Wednesday 3 September 2008

Offices and Industrial Units To Let/Rent Glasgow

Hillington Park Glasgow currently has a number of offices to let and industrial units to let on the business park/ Industrial estate. If you would like to see what office and industrial space we currently have available then click on the links below:


Offices To Let/ Rent Glasgow
HeadOffice/ Headquarter Buildings To Let/ Rent Glasgow
Warehouse/ Industrial Units To Let/ Rent Glasgow

New Office Suites on Hillington Park Glasgow

A distinctive development of seven office suites is currently under construction on a speculative basis at Hillington Park, demonstrating a rare confidence in the market at this particular time.

The Arc, a £4 million development by MEPC, the majority landowners at Scotland’s largest business location to the west of Glasgow, is a curved terrace of single-storey office accommodation, ranging from 226 square metres (2,433 square feet) to 352 sq m (3,789 sq ft).

The scheme was designed to take advantage of a unique semi-circular site on the east side of Hillington Park, and is expected to appeal to small to medium-sized businesses seeking high-quality, good-value, out-of-town accommodation. Indicative rental costs are likely to be in the range of £16 per sq ft per annum.

Grant Edmondson, managing director of MEPC Hillington Park, said: "Even though there are signs that the office market is cooling, MEPC are ploughing ahead with this speculative office scheme since we have very little stock available. We are committed to providing office space of a price and quality at the Park which the occupier market demands."

The development is located in what is becoming an established office area of the estate: adjacent to Centura Court which is home to Ceridian, British Red Cross and Fujitsu, and close to the Hillington Park Innovation Centre and the Lumina building, which was let to Balfour Kilpatrick early this year.

The Arc will be built to a high sustainable specification and has achieved a ‘Very Good’ BREEAM rating. Unusually, the accommodation is at ground floor only, offering a single, space-efficient floorplate. Each office will enable occupiers’ full control over their premises, with dedicated main door entry and reception, together with the ability to erect their own external corporate signage.

Mr Edmondson also revealed that MEPC has successfully let an office suite on the ground floor of The Hub, which also houses MEPC’s own estate office. OLM Group Ltd have graduated from the Hillington Park Innovation Centre, taking 278 sq m (2,992 sq ft) on a five-year lease, at a rent of £15.50 per sq ft. The remaining space on the first floor of the prominent building in Earl Haig Road, opposite the Retail Centre, is also under offer.

At the same time, Online Media Branding Ltd (trading as 360 Innovate), are relocating from the east end of Glasgow into nearby Cameron Court, Cameron Street, where they will occupy an office suite of 361sq m (3,893sq ft) at a rent of £10.00 per sq ft on a 10-year lease.

"We are always pleased when a company that has been incubated at Scotland’s leading-edge Innovation Centre decides to remain at Hillington," said Mr Edmondson. "It demonstrates our long-held experience that by providing the right range of accommodation and a flexible customer-focused approach, MEPC can retain growing businesses at Hillington Park over the long term."

The letting agents on Hillington Park offices are Ryden and Cushman & Wakefield.

Farmer Autocare sets up in Hillington Park Business Park Glasgow

Farmer Autocare, one of Scotland’s leading motor servicing brands, has decided to locate in new premises just completed speculatively by developers MEPC at Hillington Park.

The franchise business, set up by former Kwik-Fit entrepreneur Tom Farmer, is taking two of the largest units in the new Kelvin Gate development of industrial starter units, located beside the Hillington Park Retail and Amenities Centre, and accessed from Kelvin Avenue.

The £3 million development of 13 units, ranging from 139 to 325 square metres (500 to 3,500 square feet), fills a well-known gap in the commercial property marketplace, where new-build facilities of this size are not commonly viable.

Farmer Autocare has agreed terms to occupy two adjacent units totalling 603 square metres (6,500 square feet) at the end of one of the two terraces which make up the Kelvin Gate development, where there is additional parking space for their operations.

The franchisee, Willie McLernon, already operates two successful Farmer Autocare sites in Paisley and at Glasgow Airport. He has taken out a combined lease on the two units at Hillington Park over ten years, at a rent of £7.50 per square foot.

"This superb location is at the heart of a vibrant estate where nearly 9,000 work," said Mr McLernon. "With people getting so busy, and perhaps keeping their existing vehicles on the road for a couple of years longer, they want the convenience of a local, fast and friendly maintenance service."

Grant Edmondson, managing director of MEPC Hillington Park, said: "It’s encouraging that we have immediately found our first occupier for Kelvin Gate so soon after completion of the development. These small modern units are ideal for small businesses and we expect them to let up quickly."

Malcolm Pearson, associate with letting agents GVA Grimley, added: "There has been no small unit industrial development in this area for many years due to the soaring costs associated with their construction. This has created a gap in the market, which MEPC have spotted, and occupiers are recognising that these units represent good value in such a prime location, with fantastic amenities right on their doorstep."

The letting agents for Kelvin Gate are GVA Grimley and James Barr.