Industrial Property Projects

A strategic land purchase in Dyce, the 2 acre site was speculative developed to provide 2 high specification industrial units.

Unit A was developed through a design, build and sale contract to Veripos Plc, we delivered the base build and tenant fit out resulting in a turnkey project for the new occupier comprising of 22,000 sq ft of office and warehouse with secure yard.

Unit B was developed through a design, build and let contract, we delivered a base build and tenant fit out resulting in a turnkey project for the new occupier comprising of 3,500 sq ft office, 5,000 sq ft warehouse including secure yard which was prelet to Bluewater Shipping and forward sold to a private investor.

We acquired the property on a 2.5 acre site from Somerfield Stores Plc and embarked on a speculative internal and external redevelopment over 9 months at a cost of £1.1million. We transformed this 1970s asbestos clad office and warehouse (with ancillary yard) into four fully refurbished units totalling 55,000 sq ft, now fully let and held in portfolio.

Lot B, a 1.5 acre plot was developed through a design, build and sale contract to comprise 4,000 sq ft of office, 15,000 sq ft of warehouse space including secure yard car parking to provide K&L Ross with a new office and distribution warehouse facility.

In just six months we turned this very dilapidated 1950s site into fully refurbished offices, warehouse and ancillary yard. The 1 acre site was partially contaminated, so we embarked on remediating, demolishing, rebuilding and refurbishing into two units totalling 17,000 sq ft at a cost of £800k. The property was pre-let to World Oilfield Machine.

Lot A, a 2 acre site comprising of a 20,000sqft warehouse facility, office, yard and dedicated parking, is let on a 10 year lease to DPD, a subsidiary of Geopost UK Ltd, who are wholly owned by the second largest postal operator in Europe, La Poste.

Acquired in 2008 and let to A-Plant, the property comprises a detached industrial unit with a warehouse of 6,500 sq ft, offices of 1,000 sq ft and ancillary yard. The property offers a number of future asset management opportunities and is held in portfolio.