More shed activity on back of M74 extension

By STEWART McINTOSH

PROPERTY activity around the route of the M74 Extension has moved up a gear with developer SCOT Sheridan announcing both the purchase of, and planning approval for, a £5 million light industrial development in Rutherglen, close to the extension route.

The move comes just a couple of days after the diggers start work on the extension.

SCOT Sheridan intends to develop 45,700 sq ft of quality business space on a 2.1 acre site at Rutherglen Park, just 2.4 miles south-east of Glasgow city centre and 2 miles from the planned Commonwealth Games village and the site of the new National Indoor Sports Arena.

The land was purchased from Vico Properties plc and accommodation will be available for sale or lease in

units of between 2,100 sq ft and 9,000 sq ft. Other businesses operating in the area include a newly opened Tesco Extra store and storage company Safestore. SCOT Sheridan expects the site to be completed by January 2009.

David MacLachlan, SCOT Sheridan director, said: "The site already has excellent transport links and, once the M74 is completed, will have an enviable position just off one of the country’s most important road routes. We’re confident that it would be an ideal location for businesses looking to capitalise on the area’s regeneration by locating or relocating in the area.”