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Aberdeen based Knight Property Group is driving forward with the speculative development of Kingshill Commercial Park in Westhill after the recent success of units 1-4 and the pre let of bespoke build Unit 7 to Power Jacks.
Unit 6 will comprise of 5 smaller industrial units each of 2,500 sq. ft.
Partner at Ryden, Paul Richardson said: “It is great news that Knight Property Group are shortly going to be commencing the construction of a new build terraced industrial scheme at Kingshill Commercial Park. The market is in desperate need of smaller, high quality buildings and we are already experiencing good levels of occupier interest.
“This is also the first speculative development of terraced industrial units in Aberdeen for about 10 years, this highlights that Knight Property Group are positive about the Aberdeen industrial market and are happy to continue to invest in the area.
“Kingshill Commercial Park is one of Aberdeen's premier industrial locations and these units will provide occupiers with the opportunity to lease units from 2,500 sq. ft. to 12,500 sq. ft. We would anticipate being in a position to announce some deals in the forthcoming months.”
Managing Director at Knight Property Group, James Barrack said: “Over the years we have proactively built property based on occupiers needs.
“By diversifying the style of build we feel this strengthens not only Kingshill Commercial Park as a whole but offers new businesses the opportunity to be based in prime business areas where otherwise they may have not been able to find suitable accommodation.”
Unit 6 will be ready for occupation in September 2018.