21st Oct 2008 - Summit Point snapped up by Centrica

Following the recent acquisition of a high quality industrial unit at Hamilton International Park, the building has been let to leading gas and electricity supplier Centrica.

Situated at the highest point in the Park, the 25,000 sq ft unit was re-branded and launched in April as Summit Point. The building provides 18,661 sq ft of high quality warehouse or production space, with 6,428 sq ft of modern office accommodation, secure yardage and dedicated car parking, and will be used by Centrica as a regional training centre.

Mark Lycett, Estates Manager, explained why Centrica chose Hamilton International Park: "Our goal was to find a high quality business location which would provide the necessary amenities for the Trainee Engineers and the Academy Staff. Hamilton's excellent location, coupled with the quality of accommodation and facilities available, presented the perfect opportunity for us to expand."

One of Scotland's leading business locations, Hamilton International Park is enjoying one of its most successful years to date, with the Centrica deal coming hot on the heels of recent office lettings to Carillion and First Engineering (now Babcock Rail). The letting takes the total space let by HF Developments at the Park this year to date to 119,000 sq ft.

Development Director Stephen Lewis is clear as to the reasons for the Park's success: "As both developer and Landlord, our tenants are at the heart of everything we do, and we look at every property in our portfolio from the tenant's perspective. Years of heavy investment in improving the working environment and experience for the 4,000 employees at Hamilton International Park has proven a key contributor in attracting further tenants to the Park.

"The Retail Parade is trading well, and we have seen an encouraging rise in the level of take up in our free bus pass scheme."

Centrica were represented by Steven McLachlan at Atisreal who confirmed that Summit Point represented exactly the type of property and flexibility of deal that his client had been seeking.