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New Build Industrial Unit 8 Palacecraig Street Coatbridge Lanarkshire ML5

POA
Colliers International Property Consultants Limited, Industrial
SIZE AVAILABLE

21,000 sq ft

1,951 sq m

SECTOR

Industrial park to lease

USE CLASSUse class orders: B2 General Industrial

B2

Lease details

Lease available date:
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Key features

  • Construction underway, available Summer 2025
  • 21,000 sq ft on a site of 1.25 acres
  • Prime M8 corridor industrial location
  • 7.2m eaves
  • 2 ground level loading doors
  • Offices built to suit
  • Year 1 ? 100% rates free

Description

The property, currently under construction and due for completion in Summer 2025, will comprise a new industrial and logistics warehouse with secure yard and parking.

It is anticipated that a small ground floor office area, WC and kitchen will be provided however, at an early stage a tenant?s bespoke fit-out requirements can potentially be accommodated.

Externally there is a large secure concrete yard and car parking for approx. 20 spaces.

Whilst the landlord?s strong preference is to lease the building as a whole, they may consider sub-dividing to provide 2 units of circa 10,000 sq ft.

The North Lanarkshire town of Coatbridge lies approximately 8.5 miles to the east of Glasgow city centre and occupies a prime industrial location on the M8 corridor between Glasgow and Edinburgh.

The area has benefited from significant road infrastructure improvements in recent years and is now one of the best connected locations in Scotland, lying at the heart of the country?s motorway network.

The property is located on the north side of Palacecraig Street within the Rosehall Industrial area, approximately 1 mile south of Coatbridge Town Centre and 1 minutes? drive from the Shawhead Interchange and A8/M8 (J7A).

The Shawhead Interchange also provides a direct route to the M74 (Junction 5 ? Raith), via the A725 providing access to the south of Glasgow and England (M6).

The Baillieston Interchange lies 2 miles to the west and is the main hub of Scottish motorway network.

Scotland's main motorways converge at this point, (M8, M73 and M74) providing efficient distribution throughout Scotland.

The property benefits from convenient access to public transport.

Whifflet Railway station is a 10-minute walk, providing rail services to central Glasgow as well as nearby towns including Motherwell and Cumbernauld.

A number of national and local occupiers are located in the area including Oak Furnitureland, Fishers, MacKinnon Mills, Scotsman Group, Olleco, KB Bathrooms, Alliance Healthcare, Rentokil Initial, Eurocell, Plumbing Trade Supplies (PTS), Salts Healthcare and Premier Paper.

There are also various bus routes nearby.

The property is available on a Full Repairing & Insuring lease for a duration to be agreed between the parties.

Rent on application.

New Build Industrial Unit 8 Palacecraig Street Coatbridge Lanarkshire ML5

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whifflet Station0.7 miles
  • Kirkwood Station1.1 miles
  • Coatbridge Central Station1.2 miles

About Colliers International Property Consultants Limited, Industrial

95 Wigmore Street London W1U 1FF

Colliers International is the world's third largest commercial real estate organisation with 530 offices in 62 countries.

In the UK we employ over 700 people in 12 main offices and we understand how important in-depth local knowledge is to our clients. However, being an integral part of the newly aligned Colliers International also gives our clients access to over 12,300 professionals around the world and allows us to share comprehensive market knowledge and intelligent insight into market trends globally as well as important relationships across the international marketplace.

This combination of unrivalled global coverage, accountability and financial strength with local ownership and expertise provides our clients with a unique operating model, one which ensures we can deliver comprehensive and truly pertinent solutions for each and every one.

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Disclaimer - Property reference a032400000YrHI4AAN. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Colliers International Property Consultants Limited, Industrial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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