Following hard on the heels of a recent deal to Network Rail, Hermes Property Unit Trust (HPUT), advised by King Sturge has concluded the third letting of 2009 at Belleknowes Industrial Estate in Inverkeithing, Fife.
Kwik-Fit, the fast fit and automotive parts replacement specialist has agreed a fifteen-year lease, with a three-year break option on Unit 12 at an annual rental of £28,230 (£4.95 per ft²).
The prominent end of terrace warehouse unit has recently been refurbished and extends to 5,703 ft². There is an open yard to the rear, with separate car parking facilities.
The unit will be a fully equipped Kwik Fit centre, offering MOT and servicing in addition to tyre, brake and exhaust replacement. The company has over 600 centres across the UK, including to in the Dunfermline area at Halbeath Road and Hospital Hill.
Kirsty Palmer of King Sturge in Edinburgh, who concluded the deal said: "Hermes' continued investment has ensured that demand for space at Belleknowes remains as strong as ever. We are pleased to conclude this deal and to welcome yet another high-profile occupier."
Belleknowes is a industrial estate that sits on a prominent 3.98 hectare site which is located three miles south east of Dunfermline and ten miles north of Edinburgh City Centre, immediately adjacent to Junction 1 on the M90 motorway.
It comprises a total of 22 units totalling 138,785 ft² (12,893 m²) of modern self-contained warehouse and industrial accommodation. Other tenants include Plumbase, Speedy Lifting, Homeserve Chem Dry, Iron Mountain, Peter Cox and SEPA. Three units currently remain available at the estate, ranging from circa 5,700 to
9,000 ft².
King Sturge LLP advised Hermes and are agents at Belleknowes Industrial Estate. Kwik-Fit was represented by Lambert Smith Hampton.
(GK/JM)
Time and date
CONSTRUCTION DIRECTORY
Construction News
04/06/2009
Belleknowes Industrial Estate Attracts Kwik-Fit Investment
Latest Construction News
22/11/2024
SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024
Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024
Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024
A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024
The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024
South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024
SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024
Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024
Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024
Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...