Wincanton expands Scottish operations with new 126,960 sq ft unit at Belgrave Logistics Park

Leading supply chain partner for UK businesses, Wincanton has secured a 15 year lease for a brand new 126,960 sq ft unit at the award-winning Belgrave Logistics Park in Bellshill. Ryden represented developer and landlord Knight Property Group in this transaction. 

This significant transaction marks one of the largest industrial deals completed in Scotland this year and the largest letting of a speculative new build for the Greater Glasgow market since 2018.

With this deal, Wincanton is looking to establish a new distribution centre strategically located in Scotland’s "golden triangle" to continue growing and committing to Scotland. It follows the successful launch of their Scottish Gateway hub in Motherwell last April, which spans an impressive 153,000 sq ft.

The new distribution centre in Bellshill is strategically positioned, only six miles away from the Motherwell hub. It will cater to the demands of an expanding client base, underlining Wincanton’s dedication to enhancing operational efficiencies and service capabilities nationwide.

Belgrave Logistics Park, a £55m brand-new speculative development by Knight Property, has a total area of 261,193 sq ft across five buildings.

It stands out as one of the greenest industrial/logistics parks in Scotland. It boasts 'all-electric' buildings with impressive environmental credentials, such as an EPC rating of 'A+' and a BREEAM 'excellent rating'. The park also features electric car charging points, solar photovoltaic panels, energy-efficient LED lighting, heat recovery air conditioning, and water management systems for conservation.

Wincanton’s unit is designed to a high specification, featuring high-performance composite wall and roof cladding, an internal height of 12 meters, four level access doors, and 16 dock levellers. Additionally, it includes a 2,870 sq ft office space, 63 car parking spaces, and an expansive 55-metre deep yard.

Alan Gilkison, Managing Partner of Ryden said:

“This deal represents one of the largest industrial transactions to be concluded in Scotland over the past year, showcasing Knight Property Group’s commitment to delivering quality speculative developments in key geographical areas.

"With three out of the five units already let at Belgrave Logistics Park, strong occupier interest is noted for the remaining space.”

For further information on the remaining industrial space available at Belgrave Logistics Park please contact Alan Gilkison or Gregor Harvie.

Ryden and JLL are agents for Knight Property Group, whilst Savills represented Wincanton.