Ryden sells land for new £35m Asda development

Property consultant Ryden, on behalf of CalaChem Fine Chemicals Ltd, is pleased to announce the sale of Earls Gate Park 2, a strategic development site of 36 acres in Grangemouth.
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March 2, 2012 - PRLog -- Property consultant Ryden, on behalf of CalaChem Fine Chemicals Ltd, is pleased to announce the sale of Earls Gate Park 2, a strategic development site of 36 acres in Grangemouth.

CalaChem is a leading large scale fine chemicals contract manufacturing company providing products and site services to customers in the agrochemical, biocides, pharmaceutical and specialist chemical sectors.  CalaChem is also the owner and operator of Earls Gate Park, a successful unique joint development with Scottish Enterprise of a specialist industrial and business park.

The 36 acre Earls Gate Park 2 site adjoins the main CalaChem manufacturing facility and fronts directly onto the Earls Gate Roundabout in Grangemouth. It will be transformed into one of the most energy efficient and sustainable distribution facilities in the UK totalling approximately 475,000 sq ft (44,129 sq m).  

With work already underway, site developer Bericote Properties expects construction of the new distribution facility to be complete by September 2012, when existing Asda distribution services will be relocated, creating 150 new jobs and safeguarding 450 existing jobs.

The £35 million development is a key part of Asda’s ambitious expansion plans which are expected to create around 5,000 jobs this year as part of a £500 million expansion drive, resulting in 25 new stores, 43 store refurbishments and three new state-of-the-art depots across the UK.

Ryden has to date facilitated the disposal of 68 acres and five buildings totalling 75,000 sq ft on behalf of CalaChem, 12 acres are currently under offer and only three serviced development plots remain available on Earls Gate Park 1 (from 1 acre to 9 acres). Ryden is also actively marketing Earls Gate Business Park, where flexible office and laboratory accommodation is available for immediate occupation.  

For further information please see www.earlsgatepark.co.uk or contact Ryden on 0131 225 6612.

Looking to buy land in Scotland? then visit: http://www.ryden.co.uk/Property/PropertySearch/LandForSal...

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Notes to Editors

Ryden is an independent commercial property firm operating a full-service practice.  Service lines include Agency & Development, Investment & Finance, Professional, Building Consultancy, Property Management and Consulting.

The firm is headed by Fiona Morton, Managing Partner and has around 140 people, including 29 partners and 23 associates.

Ryden has offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.  

Awards include:
•   EGi’s Most Active Agent in Scotland 2011
•   EGi’s Most Active Industrial Agent in Scotland 2011
•   EGi’s Most Active Office Agent in Scotland 2011
•   CoStar’s No.1 Edinburgh & Glasgow Office Agent by No. of  Disposals 2011
•   CoStar’s No.1 Scotland Industrial Agent 2011
•   Property Week’s Industrial Agency Team of the Year (Scotland) 2009


For more information see http://www.ryden.co.uk

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Ryden is the largest independent commercial property consultancy in Scotland and the North of England. We have 33 Partners and over 140 staff across six offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.
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