Commercial Property News

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Wednesday, July 19, 2023

More traders for Longman Industrial Estate, Inverness

Site 2 at Stadium Trading Park on the Longman Industrial Estate of Inverness is now fully occupied after property specialist Ryden sealed a hat trick of deals for Upland Developments within weeks of the scheme's completion.

Opening its first branch in Inverness, Plumbing Trade Supplies (part of the BSS group) has taken the 6,000 sq ft Unit 1. Norscott Vending Services, relocating from the city's Lotland Street, has occupied the 3,000sq ft Unit 2 and the other 3,000 sq ft Unit 3 is let to expanding business, the Fish Vet Group. The tenants have signed new rental agreements at up to 6.50 per sq.ft on 15-year FRI leases.

The development is a 12,000 sq ft terrace and the new tenants join existing occupiers Hewden Plant Hire and Riverside Kitchens on Stadium Trading Park. Upland has also completed a deal securing an another trade counter operator for their remaining 2 acres of land on Stadium Park.

Andrew Wilson, Associate at Ryden said: "These deals underline the commercial strength of the Longman Estate and demonstrate the establishment of Stadium Trading Park as a prime position"