Page 6 - KPG Activity Portfolio 2024 hires nov24
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A B E RD E E N
PROPERTY ACQUISITION, SITE
CLEARANCE AND PRE-LET DEVELOPMENT
The Hub is set on a 5.30 acre strategic site in Tullos,
Aberdeen, just one and a half miles south of Aberdeen
city centre. Acquired in February 2021, we demolished
and cleared the 5.30 acre site, agreeing a 20-year pre-let
lease with TrustFord, to deliver a new state-of-the-art car
showroom, workshop and storage facility.
The project was completed in December 2023, achieving
an EPC ‘A’ rating and has been successfully handed over to
TrustFord for fit-out, with official opening in June 2024.
This turnkey development spans 27,976 sq ft and includes
270 customer and display parking spaces, along with a 2 acre
car storage compound to the rear. This strategically located
facility will offer new and used vehicle sales, fleet sales and
servicing needs for Aberdeen and the broader North East
region.
The location offers access to excellent transport links from
the A956 Wellington Road, which in turn provides direct
access to the A90, city centre and harbour. This new facility
is a visually striking addition to the area, reflecting the
excellence associated with TrustFord’s brand.
Client
Knight Property Group
Value
£10m
Contract
40 weeks
Size
5.30 acres with 1 unit - 27,976 sq ft
Tenant
TrustFord
4 CURRENT ACTIVITY