sweet property deal for Tunnock’s
Acting on behalf of renowned family baker Tunnock’s, Shepherd Chartered Surveyors has secured 10,000 sq ft of industrial space at Bellshill Industrial Estate on the basis of a new five year lease.
The newly refurbished property is situated in a prime location offering quick and easy access to Glasgow’s motorway network. Featuring a dedicated yard area, with office accommodation to the front and a warehouse at the rear.
Shepherd surveyor Adam Honeyman said: “We are delighted to secure this detached industrial unit of steel construction for Tunnock’s, which confirms confidence in the industrial market for properties in the right locations.”
Bill Gow, Finance Director at Tunnock’s, added: “We are delighted with this property and thank Shepherd for its partner-led approach and professionalism throughout the process.”
Pete Harding, Avison Young, said: “There was significant interest in this high-quality unit which benefits from great access to the motorway network and a secure, dedicated yard area. So to successfully reach an agreement on the site for such an iconic Scottish brand is an outstanding result for our client.
“It represents an ideal outcome for both parties because our client will benefit from a high-profile tenant taking a long-term lease on market terms, while the quality premises will accommodate Tunnock’s plans for substantial business growth.”
Amongst other bakery goods, Tunnock’s is famous for its popular teacakes and caramel wafers. Avison Young acted for the landlord, Carrylift UK.
For further information please contact Adam Honeyman on tel 0141 331 2807