Wednesday, July 19, 2023
Knight Frank closes new industrial deals in Aberdeen
International property consultancy Knight Frank, has recently completed two new industrial property deals in Dyce and Bridge of Don, Aberdeen.
Acting on behalf of Quoin Property Company, Knight Frank has successfully let Unit C1 of the Lombard Centre in Kirkhill Industrial Estate, Dyce to Volenwell Ltd. Knight Frank negotiated the five year lease, on new FRI terms, with a break option after three years. Volenwell has taken the industrial space extending to 2,203, for £15,000 per annum.
The Lombard Centre comprises 10 units arranged within three detached blocks, which are all constructed around a common courtyard providing car parking and loading facilities. The Lombard Centre is located approximately seven miles north west of Aberdeen City Centre, lying in close proximity to Aberdeen Airport.
Unit 23 of Denmore Industrial Estate, Bridge of Don has been let to Salamis on a short term lease from Seatronics Ltd. Seatronics originally occupied Unit 23 Denmore Industrial Estate and Unit 4 Denmore Road Industrial Estate. When the option arose to take on the next door unit at Denmore Road Industrial Estate, Seatronics moved from Unit 23 to expand into the additional space.
Knight Frank acted on behalf of Seatronics Ltd to market the recently vacated space at Unit 23 Denmore Industrial Estate and negotiated the new lease of Unit 3 Denmore Road Industrial Estate.
Salamis secured the sub-let of Seatronics' unexpired lease, which is held on full repairing and insuring terms until June 2007. It took a lease on the 4,912 sq ft warehouse unit and office accommodation for one year, commencing from June 2006, at £25,000 per annum.
Denmore Industrial Estate is located approximately two miles to the north of Aberdeen city centre. The property consists of a mid-terraced steel portal frame warehouse unit. Occupiers in close proximity include Phoenix Beattie, Genus Express, Weatherseal and Eurocell Building Plastics.
Lynn Dawson, Knight Frank, said: "The industrial property market in Aberdeen is very strong and there is a high demand for good quality stock which is driving rents. Dyce and Bridge of Don are popular areas for industrial space so it is not surprising that units at the Lombard Centre and Denmore Industrial Estate were let very quickly. With the market set to grow I predict that we may see an increasing pressure for new land to be zoned for industrial development in these areas."
Acting on behalf of Quoin Property Company, Knight Frank has successfully let Unit C1 of the Lombard Centre in Kirkhill Industrial Estate, Dyce to Volenwell Ltd. Knight Frank negotiated the five year lease, on new FRI terms, with a break option after three years. Volenwell has taken the industrial space extending to 2,203, for £15,000 per annum.
The Lombard Centre comprises 10 units arranged within three detached blocks, which are all constructed around a common courtyard providing car parking and loading facilities. The Lombard Centre is located approximately seven miles north west of Aberdeen City Centre, lying in close proximity to Aberdeen Airport.
Unit 23 of Denmore Industrial Estate, Bridge of Don has been let to Salamis on a short term lease from Seatronics Ltd. Seatronics originally occupied Unit 23 Denmore Industrial Estate and Unit 4 Denmore Road Industrial Estate. When the option arose to take on the next door unit at Denmore Road Industrial Estate, Seatronics moved from Unit 23 to expand into the additional space.
Knight Frank acted on behalf of Seatronics Ltd to market the recently vacated space at Unit 23 Denmore Industrial Estate and negotiated the new lease of Unit 3 Denmore Road Industrial Estate.
Salamis secured the sub-let of Seatronics' unexpired lease, which is held on full repairing and insuring terms until June 2007. It took a lease on the 4,912 sq ft warehouse unit and office accommodation for one year, commencing from June 2006, at £25,000 per annum.
Denmore Industrial Estate is located approximately two miles to the north of Aberdeen city centre. The property consists of a mid-terraced steel portal frame warehouse unit. Occupiers in close proximity include Phoenix Beattie, Genus Express, Weatherseal and Eurocell Building Plastics.
Lynn Dawson, Knight Frank, said: "The industrial property market in Aberdeen is very strong and there is a high demand for good quality stock which is driving rents. Dyce and Bridge of Don are popular areas for industrial space so it is not surprising that units at the Lombard Centre and Denmore Industrial Estate were let very quickly. With the market set to grow I predict that we may see an increasing pressure for new land to be zoned for industrial development in these areas."
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