Purchased by way of joint venture, Cumbernauld Town and Shopping Centre is a substantial mixed use investment comprising a large part of the wider town centre. The ownership extends to approximately 420,000 sq ft arranged over 9 levels including retail, nursery, offices, F&B and leisure accommodation, with approximately 970 dedicated car parking spaces. The investment is high yield in nature, and as well as the day to day activities, such as lease extensions, lease re-gears and new lettings, offers a number of more strategic asset management opportunities, many of which are currently being advanced.
Hillington is the largest business park in Scotland situated between Glasgow city centre and Glasgow airport. Hunter comprises 5 office buildings extending to 91,000 sq ft.
Waterfront Retail Park is an open class 1 non-food retail park located in the popular town of Greenock in the West of Scotland. Situated in a prominent location adjacent to the town centre and A8, the Park benefits from both a central location and ease of access, with 337 free car parking spaces. The Park lies adjacent to an established 24 hour Tesco Extra food store, Lidl, Mecca Bingo and Waterfront Leisure Centre. The investment offers a number of opportunities to add value including the development of a new Pod unit of up to 6,000 sq ft.
The Glasshouse is centrally located in Glasgow City Centre and comprises a mixed use development with basement, ground and eight upper floors; it extends to approximately 58,000 sq ft with a 527 space car park. Opportunities to add property value through lease re-gears and letting of vacant accommodation are readily available.
Pentland Gait Business Park comprises three high quality office buildings totalling 63,000 sq ft, with 275 car spaces situated within an attractive landscaped environment. The Park is situated on the western periphery of Edinburgh and benefits from terrific road and rail transport links. The Edinburgh office market is currently outperforming most of the UK regional centres.
City Wharf is a mixed use, long income investment located in a prime situation within Aberdeen City Centre. The asset comprises a high quality, Grade A office development extending to approx. 30,000 sq ft, 3 high street retail units, a 15,000 sq ft casino and a 386 space multi storey car park.