ReGlasgow

DEVELOPER Confirms £3Million Investment In Business Park

6 May, 2022 | Industrial/Commercial

SPECTRUM Properties is set to develop a range of industrial and commercial units on a 1.8-acre site Glasgow’s East End.

The business park will be at Broad Street, on land bounded by Fordneuk Street and the Camlachie Burn.

The units will be for general industry, storage, distribution and business operations.

The combined purchase and build-out cost will be around £3million.

Since 1861 the site has had various incarnations including use as a cotton mill, an egg distribution factory, a printworks and a fire brigade storage facility.

Bill Roddie, managing director of Spectrum Properties, said: “The new development stands directly across from our existing Broad Street Industrial Estate.

“So, we know the area exceptionally well, having developed two acres of the site as successful, fully-tenanted commercial units in recent years.

“Equally, we are aware that there continues to be substantial underlying demand from business people for units of these dimensions and specification.

“Developments such as these are part of our contribution to the ongoing regeneration of Glasgow’s East End and we are confident that a significant number of jobs will be created when these units are occupied.”

Pin It on Pinterest