City Circle UK has moved into new premises in Newbridge on the outskirts of Edinburgh, to accommodate the company’s recent growth.
Operating out of bases in Edinburgh and London, the company has relocated from its former premises in Bonnyrigg to a detached industrial unit on 14 Queen Anne Drive, comprising 7,100 sq ft and a yard of 0.91 acres. The company has signed a 10-year lease on the property for undisclosed terms, although the quoting rent was circa £50,000 per annum.
Established in May 1999, the premium coach operator opened its first office and depot in Bonnyrigg, Midlothian in 2006. The new premises in Newbridge will primarily be used for servicing and vehicle repairs, whilst the large yard offers space for coach parking with a fleet of more than 55 vehicles between the two depots.
14 Queen Anne Drive is situated off Harvest Drive, adjacent to Queen Anne Industrial Park. The location is adjacent to the M8/M9 interchange offering unparalleled access to the Scottish motorway network, a five-minute drive to the City Bypass, and a short distance from Edinburgh Airport.
Kirsty Palmer, associate director for Jones Lang LaSalle’s Industrial team in Scotland, said: “The unit provides City Circle with the perfect fit in terms of both its size and location. Having outgrown its previous premises, Queen Anne Drive provides the business with the ideal location to accommodate further growth, offering excellent access to Scotland’s motorway network and the rest of the UK.”
Neil McConnachie, senior surveyor for Eric Young & Co, said: “The property is unique because it offers good quality industrial space with a large yard in a prime location and the demand for this type of unit is highlighted when you consider our previous tenant only vacated at the end of 2011, therefore we are delighted to have secured City Circle so quickly.”
Eric Young & Co represented the landlord, Mitcon Ltd, jointly with Jones Lang LaSalle who also represented City Circle.