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Wednesday, June 11, 2023

Gladman gains planning permission for Dunblane business park

Gladman Developments has got the green light to start work on the speculative development of 95,000 sq ft of offices, fronting the A9/M9 in Dunblane, to the north of Stirling, which could help to create some 900 new jobs.

Gladman Developments has won planning permission for the 17 million development, known as Dunblane Business Park. The developer plans to start work on the first phase of the scheme of 23,500 sq ft, which will consist of a mix of office units of 1,027 sq ft, 2,212 sq ft, and 5,203 sq ft, available for sale or lease, in an area where it is notoriously difficult to buy office space.

Dunblane Business Park will be built on a 7.65 acre site, part of the Old Barbush Quarry. It will be the only commercial element, and complete the development of the Old Barbush Quarry site, alongside a high quality residential scheme and a care village.

According to Susan Pegg, development manager based at Gladman Developments' Scottish office in Livingston, Dunblane Business Park will help fulfil owner occupiers' requirement for office accommodation in and around Stirling.

She says: "Dunblane Business Park will be a rare opportunity for business owners and investors to acquire smaller office units in the Stirling area. There is little speculative accommodation, available for lease or purchase. It has excellent communications south and north via the A9/M9 and by train from Dunblane station to Edinburgh and Glasgow.

"The location of Dunblane Business Park means that office workers do not need to travel into the city of Stirling to find purpose-built, high grade offices, with the highly accessible setting and the fine retail facilities of Dunblane a real added benefit."

The first new office units will be ready for occupation in Spring 2009, but off-plan sales have already commenced through joint agents Ryden and James Barr.

Unlike many other developers, Gladman Developments will start construction on site without having first secured occupiers.

Mrs Pegg says: "We build speculatively, as we know that this is the best way to attract new companies to our offices and new employers to an area. In today's fast moving business environment, larger companies cannot wait for buildings to be specially built for them and smaller companies will go to where accommodation is ready for them to move into. Our product has been tailored to meet the demands of modern business."

Typical Gladman occupiers come from the government and other public sector organisations, as well as fast growing software, technology and service sectors of the economy.

Scotland represents one of Gladman?s major growth areas within the UK market, and the company is looking to acquire further sites for new office developments throughout the country, in towns with a population of more than 15,000.

The developer is already on site in Aberdeen, where it is building 80,000 sq ft of offices and in Berwick where it is building 27,000 sq ft of offices and 12,000 sq ft of small industrial units. It also owns sites for office developments in Livingston, Cumbernauld and Hillington. The company is also keen to acquire land for industrial developments and for student and retirement accommodation.

The company invests more than 100 million per year building new offices and presently has more than 1 million sq ft under construction.