Construction starts at Lanarkshire business park

Posted on by John Cronin

Infrastructure works have commenced at a new business park at Coatbridge, Lanarkshire.

drumpellier officesThe derelict, 3.5-acre site will become the Drumpellier Business Park (pictured) offering speculative, new-build office accommodation. The business park is located close the M8 and is 15-minutes from Glasgow by car.

The £12m scheme is a joint venture between Fusion Assets Ltd, North Lanarkshire Council’s regeneration company, and Stirling-based Ogilvie Group Developments. The infrastructure works are being part-funded by way of the Scottish Government’s Vacant and Derelict Land Fund (detail).

The business park will consist of one 3-storey and 8 2-storey office “pavilions”. Detailed planning permission has been obtained for the scheme. The 9 buildings will be constructed to a BREEAM rating of ‘Very Good’. In total the scheme will offer approximately 65,000 sq ft of floor space along with parking space for 220 cars. Floor space within the buildings ranges between 6,044 sq ft and 11,065 sq ft and floors can be sub-divided to create suites starting at 1,500 sq ft. A design and build option is also available. The developers are seeking owner-occupiers along with pre-let agreements for leasehold occupiers.

Steven Tolson, Director of Ogilvie Group Developments, said: “These initial works should speed up the commissioning of the new office buildings across the site. The overall aim is to create a business village, offering a number of small to medium-sized offices for established and growing businesses.”

Marketing agents for the scheme are Knight Frank. Rental prices are available on application.

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