The Crescent has now reached full occupancy, with Screwfix signing-up for the final unit at Knight Property Group’s speculative trade counter park development in Westhill, Aberdeenshire.
Screwfix has signed a ten-year lease on Unit 4. Extending to 3,520 sq ft, the unit includes an internal office, toilet and electronically operated roller shutter doors, along with on-site parking and yardage.
The Crescent is a development of four highly visible units, built speculatively by Knight and completed in March 2021. The impressive tenant line-up also includes Toolstation and The Paint Shed.
Howard Crawshaw, Managing Director of Knight Property Group said:
“The Crescent caters perfectly for modern trade counter operator requirements and it is particularly pleasing to conclude the final deal with Screwfix.
“The appetite we have seen for our new build industrial and trade counter units in Westhill over recent years has been excellent, with demand from trade counter operators specifically being heightened during the pandemic. Achieving full capacity at The Crescent is testament to our vision of developing speculatively and creating quality space in key locations. We are currently weighing up options for further similar product at Westhill.”
Graeme Watt, Director of F G Burnett, added:
“Demand for space at this popular development has been extremely competitive, with a wide range of potential occupiers expressing interest. In the end, we have achieved a great complementary tenant mix, which has significantly added to the trade counter offering in the area.”
Screwfix continues to grow its store network and this will be the fourth store in the Aberdeen area.
Ryden and FG Burnett are joint agents for Knight Property Group at The Crescent. Coates & Co advised Screwfix.