Scarborough Muir Group (SMG), a joint venture between UK real estate company, Scarborough Group International and Inverkeithing-based contractor and developer, Muir Group, plans to speculatively build the unit, known as Q1 50, to address a shortage of new industrial and logistics space across the Central Belt of Scotland.
Designed by Glasgow-based architects, Entasis the scheme can be subdivided into two 25,000 sq ft units, and will be suitable for a range of storage, distribution and manufacturing uses.
Located on a 4.8-acre plot, the new unit will also incorporate high-quality office accommodation, secure external service yards, landscaping and 47 designated spaces for vehicle parking.
Queensferry One is situated at the gateway to Fife, adjacent to Junction 1B of the M90 and Queensferry Crossing, and spans 120-acres of brownfield land.
Tipped to become the largest international industrial and logistics hub in the Central Belt of Scotland, the site also sits within the heart of the newly-established Forth Green Freeport which aims to generate up to 50,000 new green jobs and act as a catalyst for new green technologies and renewable energy manufacturing, making a significant contribution to the re-industrialisation of Scotland.
Eligible businesses relocating to Queensferry One could benefit from a range tax incentives and customs reliefs, including Non-Domestic Rates Relief, Enhanced Capital Allowances, Employer National Insurance Contributions and Enhanced Structures and Buildings Allowances.
William McAlister at SMG said:
“We’re delighted that full planning consent has been granted to develop this important new small-box scheme right in the heart of the Forth Green Freeport.
“Queensferry One is a landmark development not just for Rosyth, but for the entire Central Belt of Scotland. The speculative development of QF1 50 will kickstart the development of the wider site which, in turn will help to address the significant undersupply of good quality industrial and logistics accommodation in the region, while also realising the ambitions of the newly-established Forth Green Freeport by attracting high-value logistics and manufacturing employers and creating sought after new jobs.”
SMG aims to start on site by Q1 2024 with the unit(s) available for occupation by Q4 2024.
Leasing agents Colliers and CBRE are retained to market the scheme.
