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Paul Carr MRICS, Associate, Hardies

015 saw a return of confidence and increased levels of activity in some

sectors of the commercial property market across Fife and the early signs in 2016 are that a return to positivity is continuing. This is despite the ‘blip’ caused by the temporary closure of the Forth Road Bridge in December 2015. Whilst causing major headaches for anyone travelling to and from the region, the closure highlighted the vital strategic importance of the new Queensferry

Paul Carr

Crossing which is due for completion in December 2016. The opening of the new bridge, which

may be in advance of the anticipated date, will provide a massive boost to the Fife economy. In late 2015 there was another boost to the area with the announcement of further multi-million pound joint

investment by DFDS Seaways and Forth Ports in improvements in the Rosyth / Zeebrugge Ferry route and the potential exists for the Bridgehead area, encompassing the towns of Rosyth, Inverkeithing and Dalgety Bay as well as Dunfermline, to not only compete with Edinburgh and the Lothians but to grow into the prime transport and business hub in East Central Scotland. Activity in the industrial sector of the

market continues to rise and there is no doubt that the construction of the bridge is the major factor. Hardies recently completed the letting of a 7,000 sq.ft warehouse property at Pitreavie Industrial Estate with the rental agreed at a comparatively strong £6 per sq.ft. The property was let to a multi- national telecommunications company with the new bridge cited as the key factor in their choice of location. As letting agents on Elgin Industrial

Estate, Dunfermline’s other prime industrial location, we are witnessing continually rising levels of enquiries. In terms of availability, with the exception of two small 1,000 sq.ft units, only one other unit extending to 3,500 sq.ft remains available

for lease on the estate. Hardies are also joint agents on a

strategic development site to the north of the established Mitchelston Industrial Estate, Kirkcaldy which is situated immediately adjacent to the A92 trunk road. Extending to 79 acres and zoned for industrial and employment the site has the potential to accommodate large, strategic relocations as well as the potential to accommodate the expansion of the existing industrial estate. The market for town centre retail

remains challenged, particularly in Kirkcaldy which has been affected by a number of factors including the closure of the Tesco superstore in the centre of the town. Notwithstanding the above, a number of long term vacant retail properties in the town centre have transacted recently, albeit at comparatively low levels of price, but at least these buildings are now being put back into economic use. All things considered we are expecting

continued signs of positivity across the region leading into Spring. Visit for more


Solutions are strategically placed close to major road networks. At their sites in Fife they have a couple of interesting units currently available. You can grab a bargain at only £1.50 per sq.ft for the larger 59,192 sq.ft unit located at Thistle Industrial Estate, Cowdenbeath. With up to 9.68m eaves, 3 phase


t’s no coincidence that the industrial sites owned by In-site Property

STRATEGIC POSITIONING There’s a lot happening

power and electric roller shutter door this unit is ideal for industrial, a storage facility or for warehouse use. The site has immediate access to the A92 and is only 11 minutes from the Forth Road Bridge which gives it excellent connectivity to the wider area. Dan

Dan Spencer 78

Spencer, estates manager for In-site said, “We also have a superb

in Glenrothes just now with plenty of redevelopment in the immediate area. This activity around our site together with the surrounding existing tenants including Jewsons, City Electrical Factors and Morrisons make Glenrothes a great choice of location.We expect this unit to be snapped up soon.

16,523 sq.ft unit available at our site in Glenrothes which is ideal for a trade- counter. It has a self-contained yard and many access points to the building. There’s a lot happening in Glenrothes just now with plenty of redevelopment in the immediate area. This activity around our site together with the surrounding existing tenants including Jewsons, City

Electrical Factors and Morrisons make Glenrothes a great choice of location. We expect this unit to be snapped up soon. Both Glenrothes and Thistle Industrial Estate are secure, well maintained sites with CCTV.” In-site also have units available at

Burntbroom Industrial Estate, near Glasgow, Flemington Industrial Park at Motherwell and on their Europark site at Bellshill. For all letting enquiries please contact Dan Spencer directly on 01937 849 259 or In-site recently won an award for the

best Industrial Property Management Company in the North, as nominated by their tenants. Everyone in the team is delighted as customer service is paramount to the company and how it operates. The award also comes hot on the

heels of their managing director Alex Boyle winning the RICS Young Surveyor of the Year award for the Commercial Agency category. In-site Property Solutions certainly have a lot to celebrate as they go from strength to strength. Keep up to date with their news and details of any vacant units at or @in_siteproperty.


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