Dentec, has signed a 15 year lease on unit 4 which is a modern, high specification development, which benefits from 8.5 m external eaves height, open plan floorplates, LED lighting, reinforced concrete yards and is located close to the new AWPR. The unit comprises of 5,508 sq ft. offices, 10,002 sq ft warehouse, 10,699 concrete yard and 55 car parking spaces.
Paul Richardson, Partner at Ryden and joint agent on Kingshill Commercial Park stated, “Although we are faced with a tough local market as a result of the oil and gas down turn, there are still occupier requirements for landlords to pursue. It’s great to see that there is still a high demand for new build industrial units, such as Kingshill Commercial Park, which have superior specification to older second hand properties and whose location is prime for the business owner.”
Neighbouring developments at Kingshill Park and Propsect Park, both owned and developed by Knight Property Group, are currently occupied by a variety of tenants ranging from house builder CALA, Teekay Petrojarl and serviced office provider BlueSky Business Space.
Howard Crawshaw, director at Knight Property Group said “The local property market continues to be challenging however the letting of Unit Four is proof that there are still deals to be done within the North East for well specified properties and units that occupy great locations.”
Howard continues, “We’re delighted Dentec have chosen to move to Westhill for their expansion North. It’s great to see a versatile mix of companies operating out of Westhill.”
Upon completion, Kingshill Commercial Park will cater for up to 10 properties, bringing up to 1,000 workers to the area in a development that will have seen an investment in excess of £35 million.