Unique venture

A new £6million development on one of Scotland’s largest business parks has come on to the commercial property market following successful completion of the construction phase.

Evolution Court – an 85,476 sqft scheme made up of four separate units ranging in size from 17,728 sq ft to 23,950 sq ft – is a joint venture between Oaktree Capital Management and Patrizia UK.

Jamie Cumming, commercial director at Hillington Park, said: “Evolution Court is one of the largest speculative warehouse projects in Scotland and we’re delighted it has now come to market within time and within budget.

“Its location on the park gives quick and easy access to the motorway network and, for businesses requiring a high profile, it is in easy sight of thousands of vehicles passing along the M8 every day.

“These four first-class, modern premises are ideal for the manufacturing, logistics and distribution industries and are of a size and design not widely available in Scotland.”

A report by consultants EKOS Limited into the economic impact of the new Evolution Court development showed that, overall, the development is anticipated to support 120 full-time jobs and help generate £6.3million annual GVA at the Renfrewshire/Glasgow level, and 150 jobs and £10.9m GVA at the Scottish level.

Located on the side of the park nearest Glasgow Airport, this is the latest major project by the park’s majority owners Patrizia UK, using the location’s Simplified Planning Zone (SPZ).

The SPZ is effectively pre-agreed planning permission that has been jointly approved by Renfrewshire and Glasgow City Councils for the entire Park, underpinned with a set of simple development parameters.

Find out more about the site by calling 0141 883 5760, or visiting www.hillingtonpark.com/ evolution-court