Tuesday, August 28, 2023
£45m business park reports strong interest
Knight Real Estate reports strong interest in its £45 million business park as steel work completes and the road and car parks are formed.
Westpoint is a speculative business park by the leading property developers in a 6.75 acres site at Phase II of Arnhall Business Park, Westhill.
The steel work for the first three pavilions is now complete, ensuring that accommodation will be available for letting in 2008 as planned. Pavilion 1 is the biggest of the three with 40,000 square feet of accommodation over four floors, while Pavilions 2 and 3 are 15,000 square feet and 12,500 square feet respectively, over three floors.
Knight Real Estate and sole letting agents, Ryden, have already received a high level of interest in the accommodation from a variety of businesses in the oil and gas sector.
Knight Real Estate director, Howard Crawshaw, says: "Given the high demand for quality office accommodation in prime locations and the limited supply, we always anticipated strong interest in WestPoint. However, we have been greatly encouraged by the level of very solid interest from oil and gas related companies who are rapidly expanding and outgrowing their existing premises.
"WestPoint underlines our ethos of facilitating developments which provide flexible, efficient, value for money property in the right locations."
WestPoint Business Park will offer from 4,200sq ft to 150,000sq ft of high quality office accommodation spread across seven pavilions. The development will be capable of potentially housing up to 22 businesses.
The pavilions will all offer contemporary design to the highest specifications and a high allocation of car parking.
Westpoint is a speculative business park by the leading property developers in a 6.75 acres site at Phase II of Arnhall Business Park, Westhill.
The steel work for the first three pavilions is now complete, ensuring that accommodation will be available for letting in 2008 as planned. Pavilion 1 is the biggest of the three with 40,000 square feet of accommodation over four floors, while Pavilions 2 and 3 are 15,000 square feet and 12,500 square feet respectively, over three floors.
Knight Real Estate and sole letting agents, Ryden, have already received a high level of interest in the accommodation from a variety of businesses in the oil and gas sector.
Knight Real Estate director, Howard Crawshaw, says: "Given the high demand for quality office accommodation in prime locations and the limited supply, we always anticipated strong interest in WestPoint. However, we have been greatly encouraged by the level of very solid interest from oil and gas related companies who are rapidly expanding and outgrowing their existing premises.
"WestPoint underlines our ethos of facilitating developments which provide flexible, efficient, value for money property in the right locations."
WestPoint Business Park will offer from 4,200sq ft to 150,000sq ft of high quality office accommodation spread across seven pavilions. The development will be capable of potentially housing up to 22 businesses.
The pavilions will all offer contemporary design to the highest specifications and a high allocation of car parking.
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