Kenmore Property Group has sold a six acre vacant landsite at Langlands in East Kilbride to The Trustees for the Marwood Group Pension Fund ("Marwood") for £350,000.

The site has been sold with a development agreement in place with South Lanarkshire Council to split the property into two, install a service road through the middle and construct an owner-occupier industrial unit for Marwood on one half.

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The property, situated opposite Langlands Business Park in East Kilbride and adjacent to the 200,000 sq ft Sainsbury's distribution depot, which Kenmore completed in 2007, comprises the final component of Kenmore's industrial regeneration strategy for the area.

Philip Eves, Investment Director, said: "This deal concludes Kenmore's involvement in developing this area of East Kilbride into what can be considered a distribution hub for the Central Scotland region."

Cushman and Wakefield acted for Kenmore and Ryden represented Marwood.

(GK/JM)