Building Briefs – February 3rd

  • Ryden completes sale of multi-let industrial investment in Cambuslang for £1.125m

Acting on behalf of Danobe, Ryden has sold the Heritable Interest in Block 9, Clydesmill Industrial Estate in Cambuslang to Cable Properties and Investments Limited for £1.125 million, reflecting a net initial yield of 7.75% and a capital value rate of £85 psf.

Building Briefs – February 3rd

The property comprises a terrace of five units totalling 13,187 sq ft, with unit sizes ranging from 1,864 sq ft to 3,816 sq ft. It is also part of Cambuslang Investment Park.



The premises are fully let to tenants including Craighead Building Supplies Ltd and Clyde Document Imaging Ltd with a WAULT of 7 years to expiry and 5.6 years to break.

Ryden represented Danobe in this transaction, while Avison & Young acted on behalf of Cable Properties and Investments Limited.

 

  • GHA plans development at former school site

Glasgow Housing Association (GHA) could be set to buy a former primary school site to kick-start a new 70-home development.



Councillors are expected to approve the sale of the Garscadden Primary School site in Hurlford Avenue when they meet on Thursday.

GHA plans to demolish the 1930s building and deliver a mix of flats and housing for mid-market rent.

Garscadden Primary School was closed in 2017 and declared surplus to requirements.

 



  • Gordonbush windfarm to be built subsidy-free

SSE Renewables has confirmed an 11-turbine extension to the existing 70MW, 35-turbine Gordonbush wind farm, which will see Scotland’s newest onshore wind farm built subsidy-free.

In a first for the renewable energy developer, the onshore wind farm will be built on a merchant basis and will be one of only a few onshore projects to get the green light in GB in recent years after government support was halted after 2015. The go-ahead to commence construction follows the decision in November by Scottish Ministers to grant revised consent for the 11-turbine extension.

Located 12km north west of Brora in the Scottish Highlands, construction on the extension will commence in March using some of the infrastructure and the grid connection of the original Gordonbush wind farm.



 

  • CMS recognised for public sector partnering excellence

CMS Window Systems is in the running for a highly respected award which recognises the best suppliers to Scotland’s public sector.

The company has been shortlisted for the Partnership Working award in the prestigious Scotland Excel Supplier Excellence Awards 2020. This is the awards programme of Scotland Excel, a Scottish Government-recognised centre of procurement expertise, providing a non-profit shared service funded by Scotland’s 32 local authorities.



The awards programme takes place every two years and honours the valuable role of businesses that go the extra mile when supplying goods and services through Scotland Excel contracts. Scotland Excel’s £1.8 billion contract portfolio supports the delivery of social care, construction, roads, transport, environment, corporate, education and ICT services, achieving annual savings of c. £15m.

It does this through a strategic approach to ensure contracts are designed to encourage innovation, facilitate policy, support local economies and generate social value for communities.

CMS has been awarded onto Scotland Excel’s framework for replacement windows and doors since 2017, offering sustainable solutions with assured quality and service for refurbishment and new build projects.

 



  • Highland Council plans energy efficiency community events

The Highland Council is to host information events after it was awarded funding from the Scottish Government to deliver area based energy efficiency programmes in the region.

The area based programmes aim to target fuel-poor areas and offer insulation measures, such as external wall insulation (EWI), cavity and loft insulation.

The Scottish Government grant, in conjunction with Energy Company Obligation (ECO) funding, and a homeowner contribution will help owner-occupiers and privately rented properties to improve the energy efficiency within their home.



Drop-in community events have been organised in Thurso, Cromarty and Lairg next week to provide more information.

 

  • Dunbar bear sculpture named following competition

A pupil from Dunbar school has won the competition to name the sculpture of the bear, which forms part of the mixed-use Hallhill Development at Dunbar in East Lothian.



Building Briefs – February 3rd

The bear is a five-metre high steel sculpture created by renowned Scottish artist Andy Scott (also behind the much loved ‘Kelpies’).

Emily Hotchkiss, from S5 at Dunbar Grammar School, was awarded the prize after her bear name “The DunBear” was chosen.  One of Emily’s prizes was a picture of the bear signed by Andy.

The Dunbar bear sculpture, located off the A1 in close proximity to the Spott Roundabout at Dunbar, represents the legacy of one of East Lothian’s most famous sons, John Muir.

The sculpture forms part of the mixed-use Hallhill development, which started on site in 1999. It has already delivered sports facilities, 56 acres of community woodland together with 1,200 homes including over 200 affordable family homes with approximately 320 currently under development, as well as school provision and commercial and retail outlets.

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