THE latest project in a planned refurbishment programme at Hillington Park has been completed, bringing the total invested by Frasers Property in modernising existing buildings to over £3 million in the last year.
The firm said timing has been ‘critical’ as demand for industrial, trade-counter and warehouse property on Hillington Park continued to be strong with 23 new lease agreements completed during 2022.
The £320,000 refurbishment of 16-18 Earl Haig Road included both external and internal improvements including new roof sheets and roof lights, overcladding elevations as well as new roller shutter and entrance doors.
Internal improvements included new LED lights throughout, new energy-efficient electric heating, and office and facilities upgrades that have resulted in the EPC of the 10,000 sq ft building improving from E to C.
Grant Edmondson, commercial director at Hillington Park, said, “Our experience has been that businesses want high quality industrial space which is available for immediate accommodation so they can start trading as soon as possible. Frasers Property’s strategy of investing in both new build developments and upgrading existing Hillington Park stock has delivered supply that the market has been calling for and consequently has been letting up quickly.”
Greg MacDonald, project manager at Hillington Park, added, “The 16-18 Earl Haig Road project team including our building surveyor, Triangle, and local contractors Affiniti Response worked together effectively and brought the works programme in on time and on budget allowing us to return the property quickly to the market.
“The high level, extensive refurbishment has drastically improved the environmental credentials of the building through extensive external and internal works. This latest £320,000 investment by Frasers Property has brought another commercial property up to modern standards bringing immediate benefits to an occupier and to the environment.”
Other older properties that have been modernised and returned to the market in the last year include the £1.9 million project that turned a dilapidated 1950’s site into a modern logistics unit with new internal offices and a redesigned and enlarged service yard that meets modern HGV usage standards.
Ryden and Colliers act as industrial letting agents for Hillington Park.
