London and Regional have acquired Pyramids Business Park from Ashfield Land for an undisclosed sum.
The site, first developed by Motorola as a manufacturing base for its mobile phone business, currently totals 375,000 sq ft of office, production, studio and industrial accommodation across 93 acres. The site is located off Junction 3A of the M8 at Bathgate, approximately 20 miles west of Edinburgh city centre and only 12 miles from Edinburgh International Airport.
Deals have already been agreed with occupiers including Amazon Studios and the BBC, and include filming of the second series of Good Omens at the Pyramids Studios, a global fan favourite fantasy comedy series starring David Tennant and Michael Sheen.
L&R recognises the versatile appeal of filming in Scotland and will endeavour to create a world-class, sustainable long-term future for the filmmaking industry in Scotland.
A planning application to expand the studios has already been submitted. Future longer-term developments are also being considered, to ensure the sustainability of the use and film making in Scotland.
L&R are excited to be working with all the stakeholders, including West Lothian Council, The Scottish Government and Screen Scotland, to deliver long-term success for Film and TV in Scotland.
Isabel Davis, Executive Director at Screen Scotland said: “The Pyramids’ future as a film and TV studio is secured through this acquisition, which represents another great step forward in Scotland’s growth trajectory, consolidating further the significant screen infrastructure developments in Scotland since 2018. We look forward to working with L+R as their plans develop.”
London and Regional (L&R) is one of Europe’s largest privately owned property groups, comprising a global £9bn portfolio of commercial and hospitality real estate.
James Troughton, Investment L&R
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