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Development Opportunity, Colvilles Road, Kelvin Industrial Estate, East Kilbride, G75 0TG

25.95 acres / Land

Sold - Last updated: 16 May 2023

The property comprises a former semiconductor manufacturing facility previously operated by Motorola Limited and more recently by Freescale Semiconductor UK Limited. The original site was established in 1969. Whilst its main purpose was as a semiconductor manufacturing facility, other functions such as R&D and Business Operations were also housed on site. The facility provides a number of different buildings developed in stages from 1972 to 1996. These buildings include those constructed to carry out the various manufacturing processes, offices/amenity accommodation and various utilities and facilities support infrastructure buildings. Surfaced car parking is provided on the eastern side of the site, supplemented by a small car park at the Singer Road entrance (Total: approx 980 spaces). The site is generally level and rectangular with the perimeter secured by post and chain link wire fencing. Access is via 4 entrances (2 on Colvilles Road and 1 each on Singer Road and Stroud Road) with security gatehouses controlling each of the Colvilles Road and Stroud Road entrances. A CCTV system monitors perimeter activity and car parking areas.

Location

East Kilbride, the first of Scotland’s former New Towns is now a mature community and is Scotland’s sixth largest town with a population of approximately 75,000. The town has grown from a rural Lanarkshire village to become a recognised international business location. It is within a 50 mile radius of 80% of Scotland’s industry and 75% of its population. East Kilbride is home to major organisations such as Coca Cola Schweppes, Rolls Royce, HM Revenue and Customs, British Energy, Clyde Blowers,
Lansing Linde and Sainsbury’s. The new South Lanarkshire College campus is also located within a short walking distance of the site. The town lies approximately 10 miles south east of Glasgow and 6 miles west of Hamilton. East Kilbride has direct links to Junction 5 of the M74 motorway via the A725 East Kilbride Expressway. This links into the M8, giving direct access to central Scotland’s motorway network and the Baillieston Interchange where the M8 and M73 converge. Glasgow International Airport lies approximately 17 miles north west of the subjects. East Kilbride also benefits from the recently completed Glasgow Southern Orbital Road which links the town and Lanarkshire to the M77, linking Glasgow City Centre to Ayrshire. East Kilbride offers excellent public transport links with two rail stations and a major bus station. It is 12 miles west of Scotland’s first Eurofreight Rail Terminal linking Scotland via the Channel Tunnel with mainland Europe.
 

The property is situated on the north side of Colvilles Road within Kelvin Industrial Estate, approximately 1.5 miles south east of East Kilbride town centre and in close proximity to the A726 Strathaven Road. The subjects occupy a prominent position with road frontage on 3 sides; bounded by Colvilles Road, Singer Road and Stroud Road.

Accommodation

Main Offices & Ammenities - ESB (Office Building) - 6,442 sq m (69,347 sq ft)

Main Buildings  - (MD 1 & 2) - 13,295 sq m (143,107 sq ft)
                                (MD 3) - 15,675 sq m (168,726 sq ft)
                                (MD 4) - 7,273 sq m (78,287 sq ft)
                                (MD 5 - 11,934 sq m (128,458 sq ft)
                                (LNK) - 4,730 sq m (50,914 sq ft)

Utilities & Facilities Support -
(Various) - 14,555 sq m (156,670 sq ft)
Infrastructure Buildings                            

Total - 73,904 sq m (795,509 sq ft)

Terms

Buildings Status
As the facility ceased manufacturing operations in June 2009, Freescale have undertaken a programme of “locking down” various buildings throughout the site. The main buildings impacted are MD 3, MD 4, MD 5 and EN 5. Interested parties seeking to re-use the affected buildings will have to satisfy themselves as to each building’s potential to be reinstated to an operational condition.

Planning Brief
The site is located in an area zoned for Business & Industrial under the South Lanarkshire Local Plan, adopted 2008 covering Use Classes 4, 5 and 6 of the Town and Country Planning (Use Classes) (Scotland) Order 1997. A Planning Brief is currently being prepared in conjunction with South Lanarkshire Council and will be made available via the on-line data room in due course.

Offers
Offers are invited for our client’s heritable interest (Scottish equivalent of English Freehold) in the subjects, subject to a partial leaseback of the ESB building. Any parties wishing to be informed of a closing date are advised to formally note their interest in writing to the sole selling agents, Colliers International.

 

Specification

  • 73,904 sq m (795,509 sq ft) on a site of 10.50 ha (25.95 acres)
  • Opportunity to re-use existing buildings and/or redevelop site
  • Partial Leaseback to Freescale Semiconductor UK Ltd (Rental income: £XXX p.a.)
  • Established business location
  • Excellent transport links


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