Demand for East Lothian business space shows no sign of slowing
Allied Surveyors Scotland can confirm the sale of an office building and a clutch of lettings across three separate buildings in East Lothian.
Transform Joinery, PWM Developments and MP Group UK have let three offices at Merryfield Business Centre in Macmerry to take building occupancy up towards 70%.
In Haddington, Growing Together is taking 617 sq ft in Somnerfield Business Centre whilst Clover Care Scotland and HiHopes Aesthetics have snapped up three of seven available offices at 48 Court Street.
The building was purchased by Allied Surveyors in March for an undisclosed sum on behalf of a private pension fund with the aim of re-letting the building as a business centre at all-inclusive rents.
“Demand for functional and flexible offices in East Lothian remains high as is demonstrated by these most recent lettings,” commented Iain Mercer, director of commercial agency (east) for Allied Surveyors Scotland.
“Since the pandemic we have seen a strong upturn from businesses seeking smaller, flexible office space. This is driven partly by East Lothian’s population boom but also in these inflationary times all-inclusive rents appeal because people like to know what they’re paying each month and working from home does not suit everyone.”
In Macmerry Business Park, meanwhile, we can confirm the sale of Altair House – a 6,000 sq ft stand-alone office pavilion with 20 car parking spaces – to an existing East Lothian business scaling up and relocating its head office function.
Whilst in North Berwick a vacant office in the town’s Forth Street Lane was sold in August for an undisclosed sum to an owner occupier with Allied representing the vendor.
“Whilst we have transacted out a lot of stock, we still have office space under offer in Tranent and Musselburgh with accommodation available for let in Cockenzie, Newhailes, Haddington and Macmerry Business Park,” added Mr Mercer.
Allied Surveyors Scotland is one of Scotland’s largest independent firms of Chartered Surveyors with over 30 offices across the country, including commercial centres in Aberdeen, Dumfries, Edinburgh, Glasgow and Inverness.
In March, Allied Surveyors confirmed the purchase of Leith-based property agency business Edinburgh Commercial Property adding property management and factoring to its list of services.