Page 35 - KPG Activity Portfolio 2024 V2
P. 35

LAND ACQUISITION, SPECULATIVE
                                                                   DEVELOPMENT AND LETTING

                                                                   The Crescent is a development of four highly visible trade
                                                                   counter units, which were built on a speculative basis.
                                                                   The development is located on the main thoroughfare in
                                                                   Arnhall Business Park in Westhill, with roadside frontage.
                                                                   Each unit is developed to a high specification and includes
                                                                   high performance wall and roof cladding, electric roller
                                                                   shutter doors and concrete yards.
                                                                   The popularity of this type of rare development in Aberdeen
                                                                   is particularly evident, with all units fully-let to a selection of
                                                                   high profile trade supply occupiers.

                                                                   Client Knight Property Group
                                                                   Value £3m      |     Contract 20 weeks     |     Size 12,020 sqft

                                                                   Tenants  Toolstation / The Paint Shed / Screwfix


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