ACTING on behalf of Fife Council, Shepherd Chartered Surveyors has secured a couple of deals for former Fife Council depots which will be developed for new uses.
A 1.6 acre industrial complex with an extensive yard at Poplar Road, Glenrothes, has been sold to Monarch Supplies, a distributor of workwear and personal protection equipment to the global oil and energy industry, for £310,000.
And a 3.5 acre industrial complex at Strathore Road, Thornton has been leased to Elite Indoor Paintball Co at £46,000pa for three years.
Jonathan Reid, partner at Shepherd, said: “We are delighted to secure deals for these two former Fife Council depots and are currently receiving serious enquires for other depots at Hayfield and Denburn, in Kirkcaldy a welcome sign of a resurgence in demand for commercial and industrial property throughout the region.”
ENDS
For further information please contact Jonathan Reid at Shepherd on tel 01592 205442.
Issued on behalf of Shepherd by Liquorice Media tel 0141 297 1699 www.liquorice-media.com
Date: 28th January 2014
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