Belgrave Logistics Park welcomes multinational distribution firm Bunzl as new tenant

Multinational distribution and outsourcing firm Bunzl UK Ltd has secured a 10-year lease for a 29,000 sq ft unit at the award-winning Belgrave Logistics Park in Bellshill. Ryden acted on behalf of the landlord Knight Property Group

The move from their nearby Uddingston branch sees them join other recent tenants like Wincanton, RES, and Likewise at the strategically located park.

James Barrack, chairman and founder of Knight Property Group, the developers behind Belgrave, expressed his delight at welcoming Bunzl.

He said: “Securing another high calibre tenant so quickly after the recent Wincanton deal underpins and reinforces our strategy of committing to the speculative development of the best units in the best locations across Scotland.

“With only one unit now remaining, this deal is a further vote of confidence for Belgrave and in Lanarkshire generally.”

The £55 million Belgrave Logistics Park extends to 261,193 sq ft across five buildings. All units have been designed to a high specification, featuring high-performance composite wall and roof cladding. Each has dedicated yard and car parking.

The development is made up of ‘all-electric’ buildings with solid environmental credentials such as an EPC rating of ‘A+’ and a BREEAM ‘excellent rating’.

Gregor Harvie, Industrial Agency Partner at Ryden, said:

“The completion of this deal is testament to Knight Property Group’s commitment to developing and successfully delivering high quality speculative developments in key geographical areas.”

Ryden and JLL are agents for Knight Property Group, whilst Galbraith Group represented Bunzl.

For further information on the units available at Belgrave Logistics Park contact Gregor Harvie or Alan Gilkison.