For Sale: 0.52 ha (1.28 acres) 9,981 sqm (107,436 sqft)

Size: px

Start display at page:

Download "For Sale: 0.52 ha (1.28 acres) 9,981 sqm (107,436 sqft)"

Chester Banks
5 years ago
Views:

development site Existing detailed consent

1 For Sale: 0.52 ha (1.28 acres) 9,981 sqm (107,436 sqft) Prime development site Existing detailed consent for office use An opportunity to acquire an office development site on Scotland s premier business park Capable of accommodating approximately 9,981 sqm (107,436 sqft) Extensive on-site car parking Suitable for owner occupiers or commercial development

2 EDINBURGH Edinburgh is Scotland s capital city being the seat of Government and judiciary for the country. The city is ranked as Europe s sixth largest centre for financial services and has rapidly expanding IT, electronics and telecom sectors. Corporate headquarters already located in Edinburgh include Standard Life, Halifax Bank of Scotland, Scottish Widows and Scottish & Newcastle plc. The Royal Bank of Scotland Group have their new world headquarters at Gogarburn, a short distance from the Park. Within the Lothian region there are four established universities and numerous colleges of further and higher education teaching over 50,000 students. EDINBURGH PARK As a business location, Edinburgh Park is unrivalled in Scotland and is one of the highest quality business parks in Europe. The Park welcomed its first occupier in 1995 and since then has attracted a host of globally recognised businesses based in the Park, occupying over 110,000 sqm (1,184,000 sqft) of office accommodation and employing over 7,000 members of staff. Edinburgh Park provides a secure, managed environment with many on-site staff amenities and excellent public transport connections. TRANSPORT Edinburgh Park lies adjacent to Edinburgh s city bypass at its junction with the M8 motorway, which links the city to Glasgow, just 45 minutes drive to the west. The Gogar Interchange provides direct access to the city centre and Edinburgh Airport which is within 5 minutes drive. Edinburgh Park and South Gyle Railway Station directly serve over 30 stations located in Lothian, Central Scotland, Fife and Tayside. A free shuttle bus operates from the train station for Park occupiers during peak times. Fastlink is a new transport initiative providing a bus service running on private and public roads between Edinburgh Airport and the city centre with stops in the Park including Edinburgh Park Station. In addition four bus companies serve Edinburgh Park and the adjacent Gyle Shopping Centre. The buses cover an extensive catchment area throughout central Scotland. By 2012 the new tram route linking the airport to the city centre, through the Park, will be operating. AMENITIES Edinburgh Park benefits from an on site bar, restaurant, and creche. Although there are retail outlets on the Park, the Gyle Shopping Centre sits adjacent to the Park. The Novotel immediately to the south of the Park is due to open in Easter It will have conference and restaurant facilities. AN UNRIVALLED LOCATION FORTH ROAD BRIDGE FORTH RAIL BRIDGE FIRTH OF FORTH A8000 A90 Inverness Perth Stirling Aberdeen Dundee M9 EDINBURGH INTERNATIONAL AIRPORT A8 EDINBURGH CITY CENTRE Glasgow Edinburgh Edinburgh Park M8 A720 EDINBURGH CITY BYPASS

3 TRAM LINE Development Opportunity Site For Sale: 0.52 ha (1.28 acres) Edinburgh Park has outline consent for office and ancillary use.

EDINBURGH PARK The Edinburgh Park masterplan was originally designed by Richard Meier with contemporary office buildings overlooking extensive landscape and water features.

3m sqft ) of accommodation has been developed on the Park which has an outline consent for over 279,000 sqm (3m sqft).

4 EDINBURGH PARK The Edinburgh Park masterplan was originally designed by Richard Meier with contemporary office buildings overlooking extensive landscape and water features. New Edinburgh Limited has developed the Park with the first occupier, John Menzies, taking occupancy in Over 121,000 sqm (1.3m sqft ) of accommodation has been developed on the Park which has an outline consent for over 279,000 sqm (3m sqft). Although take-up in Edinburgh Park has been relatively slow since 2002, increased activity has resulted in the vacancy rate reducing from approximately 30% to below 14% in the last 18 months. Only 7 Lochside View offers new space on the Park to occupiers. Part of 7 Lochside View has been let to Applecross with further accommodation currently under offer. EDINBURGH PARK MANAGEMENT LIMITED The whole of Edinburgh Park is managed by Edinburgh Park Management Limited (EPML). EPML offers the following services: 24 x 7 on site manned security CCTV throughout the Park Maintenance and upkeep of all common areas EPML intranet service All roads are private to control stray parking Free shuttle bus around the Park, Edinburgh Park and South Gyle Railway Stations at peak times. DEVELOPMENT OPPORTUNITY This is the first time a serviced site has been offered for sale for development on the Park. The site is located centrally in the Park, a short walk from Edinburgh Park railway station and the Park Centre, and adjacent to HSBC and Start International. Between the available site and the railway station a new hotel development is proposed. The site and other proposed developments form part of the next phase at Edinburgh Park and will act as a catalyst for future development. The available site has detailed planning permission for 2 office buildings over a basement car park providing 9,981 sqm (107,436 sqft) gross of Grade A office accomodation plus 180 cars. Should the purchaser wish to make any alterations to the consented scheme, they will require to gain consent for a reserved matters application from N.E.L. s Design Review Committee and The City of Edinburgh Council Planning. Further information on the site is available from the selling agents including service provision, topographical survey and Edinburgh Park Design Guidelines. H4

5 GLOBALLY RECOGNISED O C C U P I E R S Aegon Applecross AstraZeneca BT Convergys Diageo Fujitsu HBoS HSBC Interactive University JP Morgan John Menzies Computershare Miller Group Oracle Payment Shield Regus Scottish Equitable Start International WSP Xansa

For further information please contact the joint selling agents: Cameron Stott cameron.stott@eu.jll.com Alan Robertson alan.robertson@eu.jll.com Toby Withall toby.

6 For further information please contact the joint selling agents: Cameron Stott Alan Robertson Toby Withall Simon Capaldi a development by New Edinburgh Limited

What it means to be Number One

What it means to be Number One What it means to be Number One There s a great deal to be gained when you choose Number One Lochside View. From a superbly connected location to an outstanding corporate