COMMERCIAL PROPERTY REVIEW #28

room to work,space to grow,areas to meet,places to greet.

www.tintoarchitecture.co.uk

Comprehensive single point solutions for your workplace. Space Planning. Extensions. Relocation. New Builds.

T 01224 821670F 01224 821597E [email protected]

s e

ku.oc.erutcetihcraotnit.www

lgniseevviissnneehherpmoCrofsnoituloolstniop

.ecalpkrowruoy

snoisnetxE.gninnalPecapS.sdliuBweN.noitacoleR

e

.s

T 7064 8211220F 7954 8211220E ecture.co.ukitoarchto@tinfin

Aberdeen’s iQdevelopment fully letThe prestigious office development at the iQ building in the centre ofAberdeen has been fully let less than two weeks after being completed.

The move’s been welcomed as signalling a major upturn indemand for high quality commercial property.

Leading developer Hazledene has announced that theWood Grouphas leased the first three floors of the 125,000 sq. ft six-storeybuilding – one of the biggest office lets in Scotland for some time.

Energy giant Centrica is leasing the upper three terraced floors of thestate of the art office development with a rental level of £31 persquare ft, which sets a new Scottish record for commercial propertylets.

There’s been fierce competition to secure space in the stunningoffice development which forms the centrepiece of the £75 millionproject,which includes the 185 room Park Inn by Radisson hotelwhich opened last summer.

Hazledene Group chief executive Mark Shaw said: “To attracttenants of the calibre of Wood Group and Centrica to iQ and to doit so quickly after completion reflects a very healthy and promisingposition for top end office accommodation.”

Joint letting agents Ryden and Donald Begg have negotiated what’sunderstood to be one of the highest rents in Scotland for the topthree floors occupied by Centrica, although no details for the rent forWood Group have been disclosed.

Centrica will occupy around half of the 125,000 sq. ft building whichhas been designed as an eco friendly venture aimed to blend with the

city centre landscape.

The building’s low energy air conditioning uses fresh air when theoutside temperature is below 19c, making it 40%more efficient thanconventional systems and providing a healthy indoor environment.And the hotel has already won a civic award and has been praisedas a masterpiece of modern design and architecture.

Mr Donald Begg said: “Hazledene Group has proved that if you insiston the highest quality coupled with prime location the demand isthere. The widespread interest in securing accommodation in iQreflects just how the market currently places a high premium on topof the range, high quality offices and how business are keen toestablish city centre bases.”

Following the swift take up of the new iQ development, there willnow be a shortage of high quality office space in the city which isexpected to have a knock on effect on the rest of the office market.

Katherine Munro, Partner at Knight Frank commented: “The result ofiQ being taken up is there’s really no Grade A space of any significantsize in the city centre that’s immediately available.”

With no new development in the pipeline because of fundingconstraints, secondary stock is all that’s now available. “Secondhand stock that had been on the books for a while is starting tomoveagain so that’s a good sign,” Mrs Munro continued. “I think itsundoubtedly going to drive up rents because there will be a limitedsupply.”

CommercialProperty ReviewGo online: www.getcommercial.com

inside this issueBoost for Ryden’s Aberdeen team pg 7New pool in Dundee pg 7Aberdeen Gateway pg 8Energy efficiency at campus pg 8

TheDefinitive Listings Guide for The Grampian, Highlands & Tayside Regions

Unit 8 Altens Trade CentreHarness Circle, Aberdeen

Pavilion 1 Discovery DriveAberdeen

snapshot

>

ISSUE#28

To Let. Area: 2,561 sq.ft (237.93 sq.m). Rent:£39,000 per annum. Pavilion 1 comprises adetached two storey office building situatedwithin a 3 pavilion development, completedin 2006. The subjects benefits from 12 on sitecar parking spaces.

CBRE 01224 219000

To Let. Area: 2,469 sq.ft (229.20 sq.m) Rent:£19,000 pa. Unit 8 is a end terrace unit ofsteel portal frame construction, with concreteblock walls and a brick-faced frontage.Parking at front.

ATHOLLS 01224 637666

108 Crown StreetAberdeen

To Let/For Sale. Area: 1,551 sq.ft (144 sq.m).Rent: £20.000 pa. Price: Offers invited. Midterraced, traditional city centre office buildingplanned over four floors. Self contained.Flexible lease terms. Immediate entry.

MARK HALLIDAY & CO. 01224 224499

Unit 4, Murcar IndustrialEstate Denmore RoadAberdeen

To Let. Area: Warehouse 4,907 sq.ft (456sq.m), Offices 1,935 sq.ft (180 sq.m). Price:£62,500 pa. Modern end terraced unit. Unit 4forms the end unit of a terrace of modernindustrial unit. Flexible lease terms.

YOUNG & COMPANY 01224 322399

Unit 4 Forties IndustrialEstate Aberdeen

To Let. Area: 5,108 sq.ft (475 sq.m). Rent:£37,500 pa. Modern workshop unit withoffices and secure yard. The subjectscomprise a mid-terraced unit situated within aterrace of 6 similar units.

CBRE 01224 219000FG BURNETT 01224 572661

Claymore Drive AberdeenScience & Energy ParkAberdeen

To Let/May Sell. Area: 5,597 sq.ft (520 sq.m).Rent: £80,000 pa. Price: offers in excess of£750,000. Industrial Unit & Substantial SecureYard. The subjects comprise a detachedindustrial unit with ancillary offices.

RYDEN 01224 588866

Wellheads IndustrialCentre WellheadsCrescent Aberdeen

To Let. Area: Unit E28, 4,236 sq.ft (393.6sq.m). Unit F31, 6,254 sq.ft (581 sq.m). Rent:E28 £35,000, F31 £53,000. Terracedindustrial units with ancillary offices in popularindustrial estate close to Aberdeen Airport.

KNIGHT FRANK 01224 644272

Unit B4 BlacknessIndustrial EstateBlackness Road Aberdeen

To Let. Area: 7,802 sq.ft (724.94 sq.m). Rent:£65,000 pa. Modern terraced industrial unit.Warehouse, high quality offices, staff andtoilet accommodation. Private parking/yardarea. Flexible lease terms. Immediate entry.


Units 1,2,3 AltensIndustrial EstateHareness Road Aberdeen

To Let. Area: 11,898 sq.ft (1,105.32 sq.m).Rent: Unit 1: £32,360 pa, Unit 2: £31,400 pa,Unit 3: £31,420 pa. Modern TerracedIndustrial Units. The subjects comprise threeadjacent industrial units of steel portal frameconstruction.YOUNG & COMPANY 01224 322399

Units 1 & 6 SpringfieldCentre Greenwell RoadAberdeenTo Let. Area: Unit 1: 7,995 sq.ft (742.75sq.m), Unit 6: 8,089 sq.ft (751.48 sq.m). Rent:£56,500 pa. Two modern terraced industrialunits with shared yard. Lease Terms areflexible. Entry immediate.

YOUNG & COMPANY 01224 322399SPRINGFIELD ESTATEMANAGEMENT 07768 565122

Units 2 & 3 Crombie RoadAberdeen

To Let. Area: Units 2&3: 12,170 sq.ft (1,130.6sq.m). Rent: upon application. Substantialrefurbished warehouse accommodation inharbour location. Units 2&3 are currentlyinterconnected to form one entity.

FG BURNETT 01224 572661


Crombie Road TorryAberdeen

To Let. Area: 1820 sq.ft (169.14 sq.m). Rent:Offers invited. The subjects comprise amodern concrete block harled wallconstruction and metal profile roof, withconcrete floor, concrete/tarmac parking areato front.

ABERDEEN CITY COUNCIL 01224 522855

Greenbank Road EastTullos Aberdeen

For Sale. Area: Office 1,480 sq.ft (137.4 sq.m)Site 0.45 acres. Price: offers in region of£175,000. Site/office for sale, subject toground lease. Office extends to 1,480 sq.ftwith development potential. Site area extendsto 0.45 acres, fully serviced and surfaced.


Unit 4 Wood InternationalCentre Craigshaw DriveAberdeen

To Let. Area: 2,226 sq.ft (206.8 sq.m). Rent:£17,800 pa. Modern end terraced industrialunit. Warehouse, office and staffaccommodation. Car Parking/service yard.Flexible lease terms. Immediate entry.


Units 9 & 11,Greenrole Trading EstateHowemoss Drive Aberdeen

To Let: Area: 2,347 sq.ft (18 sq.m). Rent:£18,750 pa. Modern industrial Units. Thesubjects comprise a mid terraced industrialunit and an end terraced industrial unit.There is yard parking to the front of thebuilding.

GRAHAM + SIBBALD ABD 01224 625024

Unit 8 Altens TradeCentre Harness CircleAberdeen

To Let. Area: 2,469 sq.ft (229.20 sq.m) Rent:£19,000 pa. Unit 8 is a end terrace unit ofsteel portal frame construction, with concreteblock walls and a brick-faced frontage.Parking at front.

ATHOLLS 01224 637666

41 Ann Street Aberdeen

To Let. Area: 2,760 sq.ft (257 sq.m). Price:£22,000 pa. The property comprises adetached single-storey industrial building ofharled block construction under a corrugatedasbestos roof.

RYDEN 01224 588866

Souterhead IndustrialEstate Souterhead RoadAberdeen

To Let. Area: from 1,174 ñ 3,173 sq.ft (109-295 sq.m). Rent: £9.50 psf. Modern terracedindustrial units with common forecourt.Available immediately with flexible leaseterms.

CBRE 01224 219000JE SHEPHERD 01224 202800

Unit B1 Blackness RoadIndustrial Estate Aberdeen

To Let: Area: 4,450 sq.ft (413 sq.m) Rent:£28,900 pa. Modern end terraced industrialunit. Warehouse, office, staff and toiletaccommodation. Private parking/yard area.Flexible lease terms. Immediate entry.


NO IMAGEAVAILABLE

Aberdeen CityIndustrial

follow us on twitter @CPRonline

To Let. Area: from 1550 sq.ft-3466 sq.ft (144 sq.m to322 sq.m). Rent: upon application. Excellent qualityoffices/workshop/laboratory business units soon tobe environmentally BREEAM rated. Ideal for companiesengaged in R&D. Immediate entry.

CBRE 01224 219000COLLIERS CRE 01224 355185

Energy Development CentreAberdeen Science& Energy Park Aberdeen

To Let. Area: Units from 10,000 sq.ft (930 sq.m)upwards. Flexible lease and ownership terms. AberdeenGateway is the new 45 Acre Business Park providinghigh specification industrial space.Please visit www.aberdeengateway.com.

KNIGHT FRANK 01224 644272RYDEN 01224 588866

Aberdeen GatewayAberdeen

To Let/For Sale. Area: from 10,000 sq.ft (929 sq.m).Price/Rent: upon application. New build workshop andoffice facility with secure yard. 1 Minto Drive is a rareopportunity to purchase or lease a tailor made facility tomeet your exact requirements.

KNIGHT FRANK 01224 644272WEST COAST ESTATES 07590 322399

Lot 1B, Minto Drive, AltensAberdeen

Unit B3 Blackness RoadIndustrial Estate Aberdeen

To Let. Area: 4,489 sq.ft (417 sq.m). Rent:£29,200 pa. Modern terraced industrial unit.Warehouse, office, staff and toiletaccommodation. Private parking/yard area.Flexible lease terms. Immediate entry.


UNDEROFFER

UNDEROFFER

Go online: www.getcommercial.com

03

Raiths Industrial EstatePitmedden Road Aberdeen

To Let. Area: from 8,557 sq.ft (795 sq.m) to19,955 sq.ft (1,854 sq.m). The subjects willcomprise rectangular shaped detachedwarehouse and office buildings with secureyards. To the front of the offices there willalso be large car parking areas.

RYDEN 01224 588866

Broadfold GarageBroadfold Road Aberdeen

To Let/May Sell. Area: 33,056 sq.ft.(3,071sq.m). Rent: £190,000pa. The subjectscomprise a former motor dealershipoccupying a showroom and workshop facilitywith a large yard. There is a large concreteyard/car parking area with the property.


Deveron Facility HoweMoss Place Aberdeen

For Sale. Area: 38,014 sq.ft (3,531 sq.m)Price: Offers. Industrial Facility with Officesand Secure Concrete Yard. The subjectscomprise a detached two-storey building withprivate on site car parking and open storagefacility.

RYDEN 01224 588866

Cairn Facility Howe MossAvenue Aberdeen

To Let. Area: 43,742 sq.ft (4,062 sq.m). Rent:£380,000 pa. Industrial Unit with Offices andSecure Yards. The subjects comprise twobuildings held on a single lease and eachproviding a workshop and office facility plusancillary concrete surfaced secure yard.

RYDEN 01224 588866

Minto Commercial ParkAltens Aberdeen

For Sale/To Let. 2.32 Acres. Plot 6. BespokeDesign & Development Opportunities. KnightProperty Group have created an exciting newbusiness destination at Minto CommercialPark. Minto Park extends to approximately11 acres (4.45Ha) of commercial land.


7 Queens GardensAberdeen

To Let. Area: 9.20sq.m (100 sq.ft)-371.6sq.m(4,000sq.ft) Price: Available on request.Flexible and cost effective lease termsavailable for furnished office suites. On-siteparking, high speed internet, digital telephonesystem, facilities and support staff.

THE SKENE GROUP 01224 620067

Newmachar BusinessCentre Kingseat BusinessPark Aberdeen

To Let. Area: from 370 sq.ft (34 sq.m) to 1173sq.ft (108 sq.m). Rent: POA. All inclusive highquality flexible office space with on-siteparking.

ENTERPRISE NE TRUST 01651 863600

Enterprise BusinessCentre Admiral CourtAberdeen

To Let. Area: from 215 sq.ft (20 sq.m). Rent:POA. Modern office suites, good qualityspace, city centre location. Car parkingavailable.


6 Carden Place Aberdeen

To Let. Area: from 150 sq.ft (13.9 sq.m). Rent:upon application. Prestigious west endlocation. Small fully furnished office suitesavailable on a serviced basis. Sizes fromsingle person offices upwards. Flexible leaseterms. Competitive rental packages.


7 Waverley Place Aberdeen

To Let. Area: 1,189 sq.ft (110.5 sq.m). Rent:£21,000 pa. Open plan West End office suitewith parking. The subjects comprise of anopen plan office suite over first floor level of amid terraced granite building.

CBRE 01224 219000

26 Wellington StreetAberdeen

To Let. Area: 634 sq.ft (58.9 sq.m). Rent:£10,500 pa. Recently refurbished ground andlower ground floor office suite.Accommodation consists of open plan officeson the ground floor level. The propertybenefits from high quality fixtures and fittingsthroughout.


53 Huntly Street Aberdeen

To Let. Area: 927 sq.ft (86.13 sq.m). Rent:13,200 pa. The subjects comprise a 2nd flooroffice suite contained within a four storeybuilding of traditional stone and slateconstruction. Located within Aberdeen citycentre and finished to a modern standard.Parking.

DM HALL 01224 594172

Regent House RegentQuay Aberdeen

To Let. Area: From 115 sq.ft (10.68 sq.m)upwards. Rent: from £2,180 pa upwards.Refurbished fully serviced office suites withcar parking. Flexible lease terms available.


Riverside Business ParkNorth Esplanade WestAberdeen

To Let. Area: 669 sq ft. (62.15 sq.m) & 1,392sq ft. (129.32 sq.m). Rent: from £8,000 pa.Small office suites of 669 sq.ft. and 1,395sq.ft. overlooking River Dee. Short termleases available.


Torridon House RegentQuay Aberdeen

To Let. Area: 2 suites of 950 sq.ft (88 sq.m).All inclusive rent from £31,000 per annum.Private car parking. Flexible leases from 6months.


Riverside HouseRiverside DriveAberdeen AB11 7LHT 01224 224499F 01224 224301E [email protected]

Property InvestmentAcquisitions & DisposalsLease NegotiationsRent ReviewsProperty DevelopmentAsset Management

www.halliday-co.com

Aberdeen CityOffice

Get Commercial,Get in Touch.

Go online:www.getcommercial.com

follow us on twitter:@CPRonline


108 Crown StreetAberdeen

To Let/For Sale. Area: 1,551 sq.ft (144 sq.m).Rent: £20.000 pa. Price: Offers invited. Midterraced, traditional city centre office buildingplanned over four floors. Self contained.Flexible lease terms. Immediate entry.


47B St Mary's CourtHuntly Street Aberdeen

To Let. Area: 1,856 sq.ft (173,36 sq.m) Rent:£35,000 pa. Self contained office suite withprivate parking. Open plan layout withincourtyard setting. Central location.Immediate entry.


Bridge House1 Riverside Drive Aberdeen

To Let. Area: 1430 sq.ft (132.85 sq.m) & 446sq.ft (41.43 sq.m). Rent: from £5,800 pa.Small offices suites of 446 sq.ft and 1,430sq.ft. Prominent location by River Dee. Shortterm leases available. On-site parking.


1 Claremont StreetAberdeen

To Let. Area: 1534 sq.ft (142.51 sq.m). Rent:£23,000 pa. Modern office accommodationlocated within Aberdeen's prestigious westend district. Generous car-parking provision.

DM HALL 01224 594172

70 Ardarroch RoadAberdeen

To Let. Area: 2,581 sq.ft (239.8 sq.m). Rent:Offers in the region of £25,000 pa.Office/Workshop premises. The subjectscomprise a two-storey office and workshopbuilding of granite construction under apitched and slated roof.

FG BURNETT 01224 572661

Kirkton House KirktonAvenue Aberdeen

To Let. Area: 2,735 sq.ft (254.1 sq.m). Rent:upon application. The availableaccommodation comprises the first floor of amodern detached office building of brickworkconstruction with a flat roof. Car parkingavailable.

FG BURNETT 01224 572661

Twin Spires BusinessPark Mugiemoss RoadAberdeen

To Let/For Sale. Area: Last two remainingbuildings. Floor sizes ranging from 2,075sq.ft to 4,150 sq.ft.

RYDEN 01224 588866

Custom House GuildStreet Aberdeen

To Let. Area: 4,292 sq.ft. (398.7 sq.m). Rent:£59,000 pa. Excellent location oppositeUnion Square. Refurbished open plan officeaccommodation. Private car parking. Flexiblelease terms. Immediate entry.


Level One East RiversideHouse Aberdeen

To Let. Area: 4,690 sq.ft (435.75 sq.m). Rent:Upon application. The subjects comprise amodern office suite located on level onewithin a five-storey building

RYDEN 01224 588866

Unit 24 Twin SpiresBusiness Centre Aberdeen

For Sale/To Let. Area: 3,058 sq.ft (284 sq.m).Price: £535,000 Rent: £50,000 pa. Moderntwo storey office pavilion benefitting fromcomfort cooling and raised access floors.Generous car parking.


Greenbank Place EastTullos Aberdeen

For Sale/To Let. Open plan offices on twofloors extending to 7570 sq.ft (703.3 sq.m)available in suites from 866 sq.ft (80.45 sq.m).Warehouse unit of 3524 sq.ft (327.39 sq.m)plus mezzanine storage of 985 sq.ft (91.5sq.m). Immediate entry.


Cresent House 35Summer Street Aberdeen

For Sale. Area: 3,627 sq.ft (336.93 sq.m).Price: offers over £380,000. City Centre officepremises. The subjects occupy part of thefirst, second and attic floors of a part two-storey and attic, part three-storey terracedbuilding.

RYDEN 01224 588866

39 Queens Road Aberdeen

To Let. Area: 2,827 sq.ft (262.6 sq.m). Rent:£73,500 pa. Striking west end granite buildingcurrently undergoing comprehensiverefurbishment resulting in space of thehighest quality. 14 private car parking spaces.


Lower Ground Floor 3Queen's Terrace Aberdeen

To Let. Area: 273.14 sq.m (2,940 sq.ft). Rent:upon application. The subjects comprise alower ground floor office suite within a granitebuilding under a pitched slated roof arrangedover lower ground, ground, first and secondfloors. 3 car parking spaces.

RYDEN 01224 588866

14 Albyn TerraceAberdeen

To Let. Area: 3,042 sq.ft ( 282.53 sq.m) Rent:£76,000 p.a. Well appointed West End midterraced 3 storey office granite building withprivate car park and flexible lease terms.


Alford House8 Alford Place Aberdeen

To Let. Area: 2,740 sq.ft (254.55 sq.m). Rent:£60,000 pa. Detached west end officebuilding with parking. The subjects comprisea traditional detached building arranged overbasement, ground and first floors.

RYDEN 01224 588866

20 Golden SquareAberdeen

To Let. Area: 2,560 sq.ft (237.80 sq.m). Rent:upon application. Modern mid-terraced citycentre office premises with parking. Thesubjects comprise ground, first and secondsfloors of a former townhouse of graniteconstruction under a slate roof.

RYDEN 01224 588866

Pavilion 1 Discovery DriveAberdeen

To Let. Area: 2,561 sq.ft (237.93 sq.m). Rent:£39,000 per annum. Pavilion 1 comprises adetached two storey office building situatedwithin a 3 pavilion development, completedin 2006. The subjects benefits from 12 on sitecar parking spaces.

CBRE 01224 219000

Unit 19 Twin SpiresBusiness Centre Aberdeen

To Let. Area: 2,580 sq.ft (239.68 sq.m). Rent:£17/sq.ft. Ground floor open plan office suitein new two storey pavilion. Generous carparking. Flexible terms.


Unit 10 BurnbankBusiness Units Aberdeen

To Let. Area: 1,884 sq.ft (175 sq.m). Rent:£24,000 pa. Open plan office unit. Theproperty comprises an end terraced singlestorey self-contained open plan office withtoilet and kitchen facilities. 5 car parkingspaces.


Aberdeen CityOffice


To Let. Area: 2,617 sq.ft (243.13 sq.m). Rent: £40,000 pa.Office space with car parking. The subjects comprise aground floor open plan office suite contained within abuilding of outstanding architectural quality.

JE SHEPHERD 01224 202800

The Glover PavilionAberdeen Science andTechnology Park, Aberdeen

To Let. Premium fully serviced office space. Theseoffices are refurbished to the highest standard and latesttechnology in prestigious traditional terraced buildingwith rear parking. Available as independent suites.Excellent value with no hidden costs.

EXCEL PROPERTIES 01224 594100

12 Bon Accord SquareAberdeen

Aberdeen CityOffice


Dee Bridge House Bridgeof Dee Aberdeen

To Let. Area: 9,400 sq.ft (876 sq.m). Priceupon application. New landmark officebuilding in strategic location. Contemporarydesign with high specification finish.Generous car parking spaces.

CBRE 01224 219000

RYDEN 01224 588866

Ebury House Dee StreetAberdeen

To Let. Area: 4,000 - 10,000 sq.ft (371 sq.m -929 sq.m). Competitive rentals. Mixed openplan/cellular. Good quality space with on siteparking.


Westhill Business ParkPeregrine Road Aberdeen

To Let/For Sale. Area: 11,500 sq.ft approx.(1,068 sq.m). Price: on application.Prestigeous high quality headquarters officebuilding. Entire first floor available to let.Office Parking for 53 cars. Possible potentialfor office extension.

ATHOLLS 01224 637666

Centurion Court NorthEsplanade West Aberdeen

To Let. Area: from 3,120 sq.ft (290 sq.m) -12,756 sq.ft (1,186 sq.m). Rent: dependanton lease length. Modern space overlookingRiver Dee. Very flexible lease terms andcompetitive rent. Good on-site parking.


Level 1 West RiversideHouse Aberdeen

To Let. Area: 5,012 sq.ft (465.62 sq.m). Rent:£91,170 pa. Modern open plan office suite.The subjects comprise a modern office suitelocated on Level 1 within a 5 storey building.Additional space available.

CBRE 01224 219000

Johnstone House RoseStreet Aberdeen

To Let. Area: 5,400 sq.ft. (502 sq.m.) Citycentre/West end location adjacent to multistorey car park. Self contained suite. Mix ofopen plan and cellular space. Stunningentrance and serviced reception area.


Innovation HouseHowemoss Road Aberdeen

For Sale. Area: 5,985 sq.ft (556.1 sq.m). Price:Offers in the region of £900,000 are invited.The premises comprise a detached two-storey office building with ancillary carparking all contained within a regularlyshaped site extending to 0.24 ha (0.59 acres).

FG BURNETT 01224 572661

Howe Moss AvenueKirkhill Industrial EstateAberdeen

For Sale/To Let. Area: 6,116 sq.ft (568.20sq.m). Price: Offers invited. Rent: £17.50 persq.ft. Office Premises. The subjects will bebuilt to Grade A standard arranged overground and first floor. Car Parking available.

RYDEN 01224 588866

Crombie MillsGrandholm VillageAberdeenFor Sale/To Let. Area: 3,084 sq.ft (286.51sq.m) to 6,168 sq.ft (573 sq.m) Two storeyself contained office buildings withdesignated car parking. Air Con,Broadband included.

FG BURNETT 01224 572661RYDEN 01224 588866

16 and 17 RubislawTerrace Aberdeen

To Let/May Sell. Area: No. 16 & 17 combined6,557 sq.ft. (609.16 sq.m). Rent: No. 16£52,000 pa. No. 17 £75,000 pa. Twoadjoining West End Terraced Buildingsavailable as a whole, or in part.


Eurotechnology CentreKirkhill Place Dyce

For Sale (subject to ground lease). Area:6,564 sq.ft (609.89 sq.m) Price: £375,000.Office/Training facility comprising of a singlestorey, flat roofed, detached office building ofpre-fabricated design on a secure regularlyshaped site with extensive car parking.


Delta House ArnhallBusiness Park Aberdeen

To Let. Area: 17,744 sq.ft (1,648.7 sq.m).Rent: available on request. A distinctivelydesigned open plan modern office that is setwithin landscaped grounds with dedicatedcar parking and an excellent outlook that israrely found in business park locations.

CBRE 01224 219000RYDEN 01224 588866

Weatherford HouseLawson Drive Aberdeen

To Let. Area: 18,275 sq.ft (1,697.60 sq.m).Rent: £250,000 pa. Modern three storeydetached office building with substantial carparking. Internally the subjects comprise alarge modern reception area at ground floor.

RYDEN 01224 588866

Pilgrim HousePalmerston Road Aberdeen

To Let. Area: 20,000 sq.ft (1,858 sq.m). Newhigh quality office development. Accessraised flooring and comfort cooling. Excellenton site parking.



To Let. Area: from 161 sq.ft (15 sq.m) to 4,461 sq.ft(414 sq.m). Range of modern open plan office suiteswith existing cat 5e structured cabling. Flexible leaseterms and costs on application. Ideal for companiesengaged in R & D.

COLLIERS CRE 01224 355185

Aberdeen Science ParksBridge of DonBalgownie Drive Aberdeen

To Let. Area: 4,597 sq.ft (427.06 sq.m). Rent: £120,000pa.Prestigious West End Office building. Attractively plannedas a mix of open plan and traditional cellular officeaccommodation. Finishes throughout are to a highstandard. Private car parking for 11 vehicles.

MARK HALLIDAY & COMPANY 01224 224499

8 Victoria Street Aberdeen

For Sale/To Let. Area: 16,437 sq.ft (1,527 sq.m). Rent£200,000 per annum/Price £1,800,000. Modern, highspecification, headquarters facility comprising offices,workshop and yard.


Viking House AberdeenScience and Energy ParkAberdeen

To Let. Area: 2nd and 3rd floor office suites from 543sq.m (5845 sq.ft) up to 1213 sq.m (14191 sq.ft). Selfcontained, fully refurbished suites. Located in a popularbusiness district location. Generous on site parking.Flexible lease terms.


Broadfold House,Broadfold Road,Bridge of Don, Aberdeen


07

Scotland’s leading workplace design firm has announced anew key appointment as it steps up its plans for continuedgrowth throughout 2011.

Space Solutions has appointed Graeme Nisbet as a new BusinessDevelopment Manager to its team in Aberdeen, in order to helppromote and grow the firm’s client base throughout the north ofScotland.

The 39-year-old has more than a decade of experience in theNorth East business arena, having previously worked as abusiness development director for the Royal Bank of Scotland inAberdeen and as an associate partner for J&E ShepherdChartered Surveyors.

Graeme said: “I’m delighted to have joined the team at SpaceSolutions. It’s one of the biggest names in its sector and is wellknown and respected not just in Scotland, but across the wholeof the UK.

“During my early career at J&E Shepherd, I worked on a numberof projects with Space Solutions and was always impressed withtheir knowledge and expertise in the sector. It’s a great companywith a superb reputation and I’m looking forward to getting startedin my new role.

“My focus will be on identifying and developing new businesscontacts and working closely with key property agents in the

market place. It’s anexciting challenge, but Ihope my skills andexperience will help thecompany grow evenfurther throughoutScotland.”

Steve Judge, ManagingDirector of SpaceSolutions, said: “Graemeis highly experiencedwithin the North Eastbusiness sector so hisappointment is a realcoup for us. His skillsfrom working with RBSand J&E Shepherd will be invaluable in helping to grow ourinfluence throughout the region.

“He is a great addition to our Aberdeen office, where I’m sure hewill be a key player in helping to drive our business forward.”

Space Solutions is Scotland’s biggest independent expert inhelping businesses manage changes within the workplace. Itoperates UK-wide - from bases in Aberdeen, Edinburgh, Glasgow,Dundee and Livingston - to design, build, fit out, refurbish andrelocate modern and productive business environments.

Work has begun on a £31 million competition standardswimming pool in Dundee.

The new pool and a multi storey car park are due for completionin September 2012.

The state of the art leisure facility will include an adaptable 50-metre competition pool, a wave pool, rapid river, dive pool,flumes and fitness suite.

The Dundee City Council project is being built at East Marketgaitby Mansell Construction Services. Council Leader Councillor KenGuild said the project would bring a welcome boost to the localeconomy.

“A number of local contractors are being used in the constructionphase and that will give firms a boost during what are very difficulttimes,” Councillor Guild said.

The pool’s being seen as a welcome boost to efforts ahead of theGlasgow 2014 Commonwealth Games and also provides newleisure facilities for local families. Sportscotland invested fundingof £3 million in the venture.

Mansell’s Regional Director, Lindsay Cowan said: “This is a majorexciting development for the people of Dundee and the widerTayside community. We are delighted to be playing our part in thecreation of this hugely impressive facility, not only will this projectsustain jobs, but it will also create new opportunities for the area.”

Landmark Aberdeen hotel, bar and restaurant Simpson’shas announced two key appointments to the team.

The Queens Road establishment is owned by local businessmenJonathan Harper, Timothy Philpot and Michael Cochrane and runin conjunction with sister company Kepplestone Manor whichoffers nearby luxury serviced apartments.

An ongoing programme of recruitment has seen marketingmanager Ian Wallace and sales manager Denise Smith recentlyjoin the team.

Following a 17-year military career including ten years’ continualservice in Northern Ireland, Ian Wallace is a graduate of RGU andhas worked in PR, marketing, business development andadvertising for a number of organisations including a Singaporesociety magazine.

Ian said: “I am delighted to be able to work in such a warm andwelcoming environment. The reputation of Simpson’s is notwithout good reason and I am looking forward to contributing to

the continued success of this great Aberdeen icon.”

With a career in hospitality stretching back to 1991, mother-of-three Denise Smith is a former employee of the events team atthe world-famous Old Course Hotel, Golf Resort and Spa in StAndrews and has played a part in organising events such as theDunhill Cup Golf Championship and visits by Commonwealthheads of state. She too has spent time living in Singapore andreturned to the North east last year.

Denise commented: “I am pleased to have been given theopportunity to be sales manager at Simpson’s. With excitingtimes ahead, I am looking forward to a long and successful futurewith the team.”

Boost for Ryden’s Aberdeen Team

Ryden has appointed two new surveyors to strengthen itsAberdeen team.

Ross Murray, a qualified building surveyor, joins the buildingconsultancy team bringing seven years’ previous experience withAberdeenshire Council and Atholls.

Another new member of staff is John McHardy, a qualifiedcommercial surveyor, who specialises in agency and investmentbusiness. Before joining Ryden, John was with Graham andSibbald in Aberdeen for over four years where he gained agencyexperience working with major clients.

Bill Duguid, regional managing partner, said: “We are pleased tohave added two very able young professionals to our existingstrong team. We have been fortunate that the last three years havebeen remarkably successful.

“We have assisted a wide range of clients through some fairly

testing but interesting times and we are very optimistic about thefuture for the property sector in this area. Our aim is always todeliver the highest standard of advice to clients and to do that youneed good people.”

Key Appointment forWorkplace Design Experts

Leading property consultant CB Richard Ellis (Scotland)have been instructed by oil giants Cameron and GLIndustrial Services to market office space followingrelocations to larger premises.

Level 1 West, Riverside House comprises 5,000 sq. ft of modernopen plan office space and similar high quality office space of2,500 sq.ft is available at Pavilion 1, Arnhall Business Park.

Iain Landsman, Surveyor, CB Richard Ellis (Scotland) said: “Therecovery of the oil price has lead to a flurry of letting activity inthe market lead by the larger oil and gas companies.

“As these companies outgrow their existing premises oramalgamate into one property it presents an excellentopportunity for smaller companies to pick up shorter term leasesthat often offer flexibility at affordable rates.”

Larger relocationsbring more officesto market

Multi millionpound new poolputs Dundee inthe swim

Simpson’s AnnouncesKey Appointments

Graeme Nisbet

John McHardyRoss Murray

Denise Smith, Sales manager, Simpsons



Independent charteredsurveyors Shepherd haspromoted surveyor JohnMackie to associate level.

Building surveyor John Mackie hasbeen made an associate in thecompany’s Aberdeen office,overseeing the firm’s buildingsurveying work in the North East.

Mr Mackie, originally fromKirriemuir, served his time as ajoiner before studying for asurveying degree at Glasgow Caledonian University. He hasworked in the construction and property sector for twenty years.

John said: “I was invited to join Shepherd’s Aberdeen office fouryears ago to help expand our building surveying department andam delighted with the recognition of my contribution to the growthof the department over that period that this promotionrepresents.”

Research undertaken by leading national business ratesspecialists and Chartered Surveyors RatesRecovery warnsthat many private landlords are facing huge increases inrates on their vacant commercial properties.

From 1 April 2011 changes to the empty rates provisions couldcost many landlords up to £7,800 per property per year wherelast year they were paying nothing.

RatesRecovery Director, Nick Wright MRICS commented, ‘Asignificant number of landlords will be faced with substantial ratesbills. Our research indicates this change will potentially affect990,000 properties. It will hit the poorest areas hardest wherevacancy rates are high and there is low demand from localbusinesses for commercial premises. If we also see interest ratesincreasing in 2011 then the heavily debt financed private landlordmarket could suffer very badly. This would be bad news for theeconomy as well as many individuals’ pensions which are builtaround these types of property investments.”

The way local authorities charge business rates for emptyproperties will change from 1st April 2011. In 2010/11 emptyproperties with a rateable value of £18,000 or less were exemptfrom paying rates. This threshold will be reduced to £2,600 fromApril 2011.

Energy efficiency atAberdeen campusThe new £10 million Aberdeen College ConstructionTraining Facility has opened at the college’s Altenscampus.

The new building has workshops and classrooms for joinery,brickwork, painting and decorating and plumbing courses. It alsohas a new library, learning resource centre, fitness suite,communal dining areas and student common rooms.

It has been designed as the new main building on the Altenscampus and allows construction trade courses to be locatedalongside engineering.

Existing college buildings at Altens are to refurbished andAberdeen Skills and Enterprise Training will be brought onto thecampus from an adjacent site. The building marks the first phaseof Aberdeen College’s estates development strategy.

It was designed by Archial, one of the country’s biggestarchitectural practices and a member of the Ingenium Group ofCompanies. The building reflects the college’s commitment tosustainability and a key aspect of the design brief was toincorporate elements required to achieve a BREEAM ‘Excellent’rating. The new facility includes solar panels, a 25kw windturbine, natural ventilation, modulated lighting and rain water iscollected from the roof for use in toilet cisterns.

Archial Associate Ricky Connell said: “The redevelopment of thesite, whilst integrating with the longer term master plan, aims toenable all future stages and development goals to be achieved.It also creates significantly improved access and egress fromthe site, allowing for more efficient parking and open spaces withthe campus itself.”

Dundee City’s largestindustrial sale for 5 years

Private landlords face rates hike

Ryden has sold the former Wood Group premises atBaldavie Industrial Estate in Dundee - the largest industrialsale the city has seen for five years.

The 43,374 sq. ft premises at Forties Road was sold to a localbusinessman who’s seeking planning permission for an indoorfive-aside football complex at the site.

The site incorporates a substantial workshop building, associatedoffices and laboratory space. Andy Boal, Associate at Ryden saidhe was delighted to have secured the sale on behalf of WoodGroup Properties.

“There’s been relatively little activity at the larger end of theindustrial property market in Dundee over the past year or twoand hopefully this sale is a sign of more positive things to come.”

Mr Boal said the vacant site had been targeted by vandals whocaused hundreds of thousands of pounds worth of damage andthat this had been reflected in the sale price.

Commenting on the broader picture, Mr Boal said the Dundeemarket has seen growing levels of activity in recent months. “Interms of inquiries we are certainly seeing a lot more across theboard, whether that’s office or industrial. The encouraging thingis that it would appear there are more people looking,” Mr Boaladded.

He also welcomed news that world-leading Spanish wind energycompany Gamesa had announced plans to develop their windturbine manufacturing and maintenance operations in Dundee.

The move is expected to bring a significant jobs boost to the city.“The Scottish government has certainly been pushing hard forrenewable jobs to come to Dundee and this is the first substantialsuccess story. It hasn’t been announced yet which site in Dundeethey are going to go to, but it is going to happen,” said Mr Boal.

“I think the renewables is going to be an increasingly importantsector for Dundee. Dundee ticks an awful lot of boxes becauseit’s a good port, it’s got easy access to the North Sea, it’s got thework force and relatively cheap land and buildings. We could bein for a bit of a boom in that sector - that’s the sector to watch,”he said.

Meanwhile, Ryden is acting for Guide Dogs for the Blind who areselling their former Scottish Training Centre in Forfar. The 13 acre-site has been prepared for housing development following thedemolition of Princess Alexandra House, a well-known landmarkin the area.

Outline planning permission for the site was granted in 2006 forthe development of 120 homes and a more detailed scheme wassubmitted to Angus Council in December last year. The charitymoved its Scottish Training School to a state of the art facility atOrchardbank Business Park in Forfar in 2007.

John Mackie

Step up for Johnat surveyors

Speculative builds atAberdeen GatewayTwo new industrial units are to be built speculatively atAberdeen’s Gateway Business Park just south of Cove.

Speculative developments are rare in the current climate, butdeveloper Stockland Muir Ltd is about to apply for planningpermission and hopes to begin building in the Spring.

Hydrasun have just moved into 100,000 sq. ft new headquartersat the 45-acre business park, joining National Oilwell Varco whomoved in last year and the Driving Standards Agency whichmoved to the business park two years ago.

Knight Frank and Ryden are acting as joint agents on behalf ofthe developer for the scheme, which would comprise an 8000 sq.ft industrial unit with 3,000 sq. ft of adjacent office space.

“At the moment 9-10 acres have been developed and it’s a 45acre park so it’s roughly a quarter of the way through. It is all newbuilds, so it’s all grade A quality. There is outline planningpermission for the site, but individual developments requiredetailed planning permission,” explains Knight Frank Associate,Neil Young.

“The aim is to start building these units on site in Spring with a

view to being complete for the end of this year. At the moment inAberdeen there’s been a really good spell in the market and a lotof the industrial stock has been taken up and we are actually quiteunder supplied, “ says Mr Young.

“There’s very few good quality existing industrial buildings on themarket for companies, so this will actually start releasing all thatpressure. Aberdeen is calling out for some people to start buildingbut because of the banking difficulties it’s few and far between.”

• 100s of properties available

• fully customisable search

• commercial propertyfeatures & comments

• 24 hour market news

• comprehensive online directory

www.getcommercial.com


09

ASM complete majorrefurbishment atBroadfold HouseASM have now completed the major part of a £600krefurbishment programme at Broadfold house, Bridge ofDon on behalf of Total Waste Management Alliance Ltd(TWMA), with three floors of the building now upgraded.

The extensive works have seen new finishes throughout,upgrades to heating, lighting and services, public areas andmeeting areas refurbished, and extensive cleaning and repair tothe external fabric of the building to create a modern attractiveworkplace.

The second floor of the building, amounting to 7,500 sq ft, fullyupgraded, is currently available for lease and all enquiries shouldbe made to Knight Frank.

Following on from this project, ASM were delighted to beawarded a design and fit-out contract for the first floor of thebuilding; this 9,140 sq. ft space is to be occupied by TWMA.Following their move on to the first floor, the third floor of thebuilding will be available for lease on flexible lease terms. Thesecond floor of the building, amounting to 8,104 sq. ft, fullyupgraded, is currently available for lease and all enquiries shouldbe made to Katherine Monro / Chris Ion at Knight Frank on 01224644272.

Stonehouse ontrack for £4million turnover

An Aberdeen-based leasing agency has revealed it is ontrack to reach a turnover of £4 million for its currentfinancial year, and this is forecast to rise to £5 million bythe end of 2012.

Stonehouse Property, which is based in the city’s Riverside Drive,was established eight years ago by Lynne Watson and employssix staff.

The high-flying property leasing agency specialises in new topquality apartments in and around Aberdeen city centre and iscurrently looking after a prestigious portfolio of properties worthalmost £70 million.

For the last three years, the company has achieved double digitgrowth in profit and is on target to achieve this again in the currentfinancial year.

Commenting on the growth figures, Stonehouse Property financedirector Ross Murray said:

“We are delighted to be able to report such a significant increasein turnover over the past three years, despite the reporteddownturn in the property sector. This can be attributed to theexpertise within our team, which has allowed us to offer aspecialist service for high-end corporate and professional leasingacross the city.

“We intend to continue this growth throughout 2011 and havestarted the year off extremely positively with a busy month, bothin terms of new properties and new tenancies. We are on trackto achieve 25% growth over the course of the coming year andare currently recruiting in order to ensure our service levels aremaintained.”

Tenants on theup at BroadfoldRoad, Bridgeof DonFor West Coast Estates, Ryden has secured a new lease atUnit D Broadfold Road, Bridge of Don, Aberdeen. GlobalLifting, which offers wire rope and rigging services andmanufactures, hires and sells lifting equipment, has takenthe space on a five year FRI lease at £125,000 per annum.

The property comprises a 9,627 sq ft refurbished end terracewarehouse plus two storey office block extending to 4,140 sq ftto the rear. The office space has recently been constructed andis finished to a high specification.

Nearby occupiers include Salamis, Ziebel (UK), Barclay andMathieson and NTP Kitchen and Joinery.

Paul Richardson, associate at letting agent Ryden said: “We arepleased to announce the letting of this high quality industrial unit.There has been a lack of good quality industrial stock in theBridge of Don area in recent times and this transactiondemonstrates the level of underlying demand. Unit D was idealfor Global Lifting, which is expanding its operations, as it occupiesadditional premises nearby.”

Ryden and Knight Frank acted as joint agents on behalf of WestCoast Estates. Global Lifting was unrepresented.

Funding shortfall continues

The economic downturn saw more than 90% ofconstruction firms in the north and north-east of Scotlandaffected by bank funding shortfalls according to a newsurvey – with a fifth of businesses having submittedunprofitable tenders just to win work in the past 18months.

More than 65% of companies who responded to a surveyconducted by Ledingham Chalmers LLP expect to see lower-rate tenders increase as the economy recovers from one of theworst recessions in recent memory.

The findings were gathered from an audience of almost 100construction leaders from across the regions at an annual eventheld in Aberdeen, hosted by leading regional solicitorsLedingham Chalmers.

December’s Scottish Construction Monitor, a survey carried outby the Scottish Building Federation, further highlighted theproblems faced with nearly 80% of those responding predictingcontinued reductions in industry activity during 2011.

Business leaders have however voiced confidence in the sectorby strongly backing the need to support apprenticeships andcontinued on-the-job training to ensure readiness for a return tohigher levels of activity.

There was uncertainty over whether or not potential gains couldbe seen in the industry as a result of the UK's membership ofthe EU – with a third of respondents equally agreeing,disagreeing or being non-committal about the claim.

Jennifer Young, construction partner at Ledingham Chalmers,says: "The fact that 79% of businesses rejected any suggestionthat training schemes for young staff are an unnecessary luxuryis clearly very positive despite a lack of available cash from thebanking system and a downturn in capital investment by thepublic sector.

“Given the current warnings of slump and job losses continuingwell into 2011, marketing the construction sector for futurerecruitment must be a key priority to ensure a sustainablerecovery."

Kenny Anderson, managing director of building contractorsAnderson Construction (Aberdeen) Limited and Trustee of theChartered Institute of Building, said: “In these difficult times weshould be training to upskill our existing staff to improve overallperformance and while I accept this is easy to say, it is not alwayseasy to create the budget.”

Scottish construction industry resilient in the face of challenges

Abbie Massie, engineer and partner with Massie Reid, said:“Companies reliant on overdrafts will suffer from high interestcharges if they find a bank willing to lend, which unfortunatelyleads to negative approaches to future development andexpansion plans.

“Maintaining a comfortable turnover with possible reduced costsseems to be the order of the day.”

Raymond Tedeschi, managing director of luxury house builderVeitchi Homes Limited, said: “The need to secure output fortomorrow should never override the need to carry out robust duediligence processes – keeping profit as the main deciding factorin securing business will help to protect your own.”

The survey was carried out at an annual construction lunch,which has been hosted by Ledingham Chalmers over the lastnine years and brings together partners, directors and managersfrom leading construction firms, architectural and planningpractices, surveyors and banks.

Stonehouse finance director, Ross Murray

Advertise on getcommercial.com• Home Page Box Ads only £150 per month• Home Page Small Ads only £90 per month• Page Banner Ads only £90 per month• Large Box Ads only £175 per month

For more information please contact [email protected]



Aberdeen CityOffice

Elrick House WesthillBusiness Park Aberdeen

For Sale/To Let. Area: 20,690 sq.ft (1922sq.m). Rent: £310,000 pa. Fully refurbishedmodern office building providing two 10,000sq.ft open plan floorplates. Excellent on siteparking. 101 spaces. Immediate entry.


Gordon HouseGreenbank Road Aberdeen

To Let/May Sell. Area: from 200 sq.ft to25,622 sq.ft. Modern 2 storey office buildingavailable in whole or individual suites. Flexiblelease terms on a rental or all inclusive basis. 2squash courts and gym area. 73 car parkingspaces.

CBRE 01224 219000

Blackness Road AltensAberdeen

To let/For Sale. Area: 27,710 sq.ft (2,574sq.m). Price/Rent: upon application. Officesavailable for sale or to let. Details onapplication.


City Wharf Aberdeen

To Let. Size: 584 sq.ft - 27,785 sq.ft (54.3sq.m - 2,581.3 sq.m). A six storey Grade Aoffice space development in the centre ofAberdeen.

RYDEN 01224 588866


Tritax and CedarwoodPurchase AberdeenEstate for £4.2m

Tritax and Cedarwood Asset Management’s new industrialproperty joint venture, Tritax Industrial 2 LP, has completeda second acquisition at Bridge of Don in Aberdeen.

Ryden, acting on behalf of Tritax Industrial 2 LP, acquired units15-25 Denmore Industrial Estate in Bridge of Don from HampshireCounty Council for £4.2m.

The price reflects a net initial yield of around 8%. The multi-letterraced unit estate extends to 53,100 sq. ft and is fully let to eighttenants including Eurocell, Caprock and Greco Subsea.

“Our client was keen to acquire a property in Aberdeen in orderto take advantage of the strong local economy and its prospectsfor further rental growth,” said Ken Shaw, Partner at Ryden.

“Denmore is an excellent investment, as it is a well establishedand popular estate with the potential to provide opportunities toincrease returns in the coming years through asset managementinitiatives."

Paul Jenkins, Director at Cedarwood confirmed: “We really likethe Aberdeen market. There are limited voids, potential for rentalgrowth, and with recent oil discoveries, ongoing strong demandfor accommodation. We see this as a very safe place for ourinvestors.”

Anthony Wyld, Head of Marketing at Tritax added: “The purchaseof Denmore has offered the private investors and SIPPs whoinvested in Tritax Industrial 2 LP the chance to benefit from anincome of 7.25% pa plus potential growth of around 5% pa overthe five year term, which are compelling reasons to invest in thecurrent lacklustre economic environment.”

FMS diversifies into steel structuresForfar-based FMS Construction has formed a divisionspecifically to deal with enquiries for steel structures. Adedicated team can design and construct steel buildingsfor use in agricultural, commercial, leisure and retailapplications. FMS has in-house design facilities to offer aplanning and building warrant service or to build from aclient’s own design.

“Our experienced team will help you through all aspects of theconstruction of your new building,” said FMS director, DerekWann

FMS Construction, which recently celebrated its 10th anniversary,is part of the Sarkar Group, and is in the process of increasing itsworkforce at all levels. The company prides itself in offering qualityand affordable accommodation, through careful product choiceand utilising its own skilled tradesmen to ensure an end productanyone would be proud to own.

Angus Council has appointed property firm Ryden to carryout appeals following the 2010 rating revaluation after acompetitive tendering process.

The local authority has seen its rateable value rise by over a thirdacross its operational property portfolio, which includes schools,libraries, leisure centres, offices and service depots.

There are 374 properties in the local authority portfolio which nowhave a total rateable value of around £11.7 million. That’s anincrease of about 34.5% from the pre-revaluation figure of £8.7million.

Ryden Partner Gus Stewart describes the three-year appointment

by the Council as vital inensuring their rates outgoingswere “fair, equitable andminimised.”

Mr Stewart said the localauthority has been hit bysome huge rises:

“Angus Council’s overall rateable value has risen by about a third.The total rateable value of its schools portfolio has increased by43% - just over £2 million - to a total of approximately £6.8 million.The rateable value of the region’s libraries has risen by 58% andits sports and swimming pools portfolio by 46%.”

Ryden to appeal AngusCouncil’s Rates

Gus Stewart

FMS directors Jamie Tosh, left, and Derek Wann


11

Howemoss Place KirkhillIndustrial Estate Aberdeen

For Sale. Area: 34,525 sq.ft (3,207.4 sq.m).Price: Offers in the region of £3.5 million. Thesubjects comprise a substantial office /workshop facility with generous car parkingand ample yard / storage space.

FG BURNETT 01224 572661

481 Great Western RoadAberdeen

To Let. Area: 847 sq.ft (78.66 sq.m). Rent:£26,000 pa. Retail unit. The premisescomprise a mid-terraced retail unit set withina terrace of modern retail units. Goodsaccess to the rear of the premises.


FG BURNETT 01224 572661

434 Union Street Aberdeen

To Let. Area: 809 sq.ft (75.1 sq.m). Rent:£28,500 pa. Ground floor office/retailpremises contained within a 2 storey andattic granite building. The subjects benefitfrom a modern glazed frontage withair-conditioning.

CBRE 01224 219000

Units 2, 4, 5 & 14 CliftonRoad KittybrewsterShopping Centre Aberdeen

To Let. Area: from 725 sq.ft (67.35 sq.m). Rent:from £12,500 pa. The subjects comprise 3mid-terraced retail units comprising blockworkwalls under a flat felt roof. Each unit benefitsfrom a large modern aluminium shop front andrear service access.

RYDEN 01224 588866


To Let. Area: 1,366 sq.ft (127 sq.m). Rent:£39,350 pa. Ground floor retail unitprominently located on the south side ofUnion Street close to itís junction withHolburn Street.

CBRE 01224 219000

Units 3, 8 & 19 DyceShopping Centre Dyce

To Let. Area: from 875 sq.ft (81.32 sq.m) to1,907 sq.ft (177.70 sq.m). Rent: from £12,000pa. Three ground floor retail units availablewithin the ASDA Dyce shopping centre. Thesubjects benefit from the use of a substantialcar park.


11 Menzies Road TorryAberdeen

To Let/May Sell. Area: 357 sq.ft (33.16 sq.m).Rent: £6,000 pa. Price: Offers over £50,000.City centre mid-terraced retail unit withconsent for a Pizza Takeaway. Internally thesubjects are divided to provide a retail salesarea.

RYDEN 01224 588866

49 Castle Street Aberdeen

To Let. Area: 769 sq.ft (71.4 sq.m.) Rent:£11,500 pa. The subjects comprise the firstfloor of a four storey and attic building ofgranite construction under a pitched andslated roof.

CBRE 01224 219000


To Let. Area: 805 sq.ft (74.8 sq.m). Rent:£28,000 pa. The subject property is arrangedover ground and basement floor of asubstantial granite building.

CBRE 01224 219000

Q&A60SECOND

• Brief History:A specialist in residential andcommercial property development, MrGoodfellow joined Paull & Williamsons in1994 and has been a partner with thefirm for 12 years.Recognised as a leaderin his field by Chambers UK, anindependent guide to the legalprofession, he works with clients acrossthe property, financial and oil and gasindustries, including Stewart MilneGroup, Malmaison, Total, Petrofac anda number of major lending institutions.

Q What do you like best about your job?

RG The long hours, which means I don’t haveto worry about what I might like to dowhen I’m not working.

Q Describe you and your firm's "uniqueselling point"

RG It’s a people business. We have a large teamof very able, personable and experiencedproperty, planning, environmental, construction,corporate, litigation, employment and bankinglawyers based in Aberdeen, who understandthe local market and consistently deliver ahigh level of service which is commerciallyfocussed and sensibly priced.

Q What is the biggest project you have donerecently?

RG A major new gas pipeline and gas processingplant project crossing Shetland with somevery taxing issues to resolve involving the localCouncil and several landowners. The projectcreated enough documentation to fill a room!

Q What’s the most unusual project you’vehandled in the last few months?

RG Negotiating the purchase of airspace for aproposed hotel development.

Q What excites you most about your market?

RG Being at the bottom of a property cycle meansthe only way is up!

Q What's the biggest threat to the market?

RG Liquidity – the acute shortage of funding ishaving major repercussions.

Q What car do you drive?

RG Toyota

Q What is your favourite food or drink?

RG Friday night wine.

Q Your biggest extravagance?

RG My wife and children.

Q If you had a personal "motto", whatwould it be?

RG When somebody tells you nothing isimpossible, ask him to dribble a football.

Richard Goodfellow,Head of commercial property

Paull & Williamsons

hundreds of properties online


AberdeenRetail

TO LET: Open plan suites from 309sq.m (3,326sq.ft)up to 4,058sq.m (43,690sq.ft). Generous car parking.Competitive rent £16/sq.ft. Flexible terms.Open class 4 use with no restrictions.


The Excel Centre,Aberdeen Science & EnergyPark, Bridge of Don, Aberdeen

IQ Aberdeen, Justice MillLane Aberdeen

To Let. Area: 124,923 sq.ft (11,606 sq.m). Exciting andinnovative office development right in the heart of the city.Low energy displacement air conditioning. 3 x 13 personhigh speed passenger lifts. Secure underground car parking.

RYDEN 01224 588866DONALD BEGG 07974 706697

To Let. Area: from 10,000 sq.ft (930 sq.m). Flexible Leaseand ownership terms. Aberdeen Gateway is the new 45Acre Business Park with full planning permission in placefor a 156,000 sq ft headquarters office facility.Please visit www.aberdeengateway.com.


Aberdeen GatewayAberdeen


Fraserburgh BusinessCentre Fraserburgh

To Let. Area: from 125 sq.ft (11.6 sq.m). Rent:from £233 + vat per month. All inclusivecustom sized office units and stylish meetingrooms. Central location, close to the harbourwith dedicated parking.


Pavilions 2 & 3 KingseatBusiness Park KingseatAberdeenshireTo Let. Area: 1,899 sq.ft (175 sq.m) up to 3,778sq.ft (351 sq.m) Rent: £61,000pa. Pavilions 2and 3 are new detached office buildingsoffering flexible open-plan accommodation at acompetitive rent, with the benefit of generouscar parking provision. Entry Immediate.

DM HALL 01224 594172KNIGHT FRANK 01224 644272

Badentoy Park PortlethenAberdeenshire

To Let/May Sell. Area: 20,516 sq.ft (1906sq.m). Price/Rent: upon application. Newpurpose built office, warehouse/workshopand yard facility with approximately 64 carparking spaces. Office accommodation willbe provided over two floors.

FG BURNETT 01224 572661JE SHEPHERD 01224 202800

Burghmuir PlaceBlackhall Industrial EstateInverurieTo Let. Area: 11,429 sq.ft (1,061.81 sq.m).Rent: £85,000 pa. The subjects comprise adetached warehouse facility, incorporatingancillary offices with mezzanine above, and avariety of further storage areas, on a site ofapproximately 0.79 ha (1.95 acres).


Pavilion 1 & 4 KingseatBusiness ParkAberdeenshire

To Let. Area: from 3,571 sq.ft (348.54 sq.m).Rent: upon application. Superb OfficePavilions. The subjects comprise two modernoffice pavilions known as Pavilion 1 andPavilion 4 Kingseat Business Park.

JE SHEPHERD 01224 202800

Westpoint Business ParkArnhall Aberdeenshire

To Let. Area: Circa 25,000 sq.ft (2,322 sq.m).Business park development which offersoccupiers the opportunity to secure highquality office accommodation within adesirable commercial location.

RYDEN 01224 588866

Markethill IndustrialEstate Turriff Aberdeenshire

To Let. Area: 2.25 HA (5.57 ACRES).Commercial buildings on a design and buildpackage/site sales. The site is fully serviced,level and ripe for commercial development.

RYDEN 01224 588866

Eigie Road BalmedieAberdeenshire

For Sale. Area: approx 1,140 sq.ft. FixedPrice £155,000. Traditionally builtCommercial premises for sale as anInvestment. Let until 31.03.19. Rental returnof £12,000 pa. Additional Post Office, Store,Staff Room and Office.

FRASER &MULLIGAN 01224 646428

NO IMAGEAVAILABLE

Development Site (next toTesco Filling Station)Aberdeen

To Let/May Sell. Area: 0.9 acres. Rent: uponapplication. 0.9 acres immediately availableon design and build package basis.


NO IMAGEAVAILABLE

Discovery Drive ArnhallBusiness Park Aberdeenshire

To Let. Area: 13,681 sq.ft (1,271 sq.m). Rent:On application. New build workshop andoffice facility with secure concrete yard andcar parking. Available on FRI terms for aminimum period of 10 years incorporating 5yearly upward only rent reviews.


East Aberdeenshire GolfClub Millden Aberdeenshire

For Sale. Area: 6,414 sq.ft. (595.9 sq.m).Price: £700,000. The premises currentlycomprise a single storey building ofblockwork construction under a pitched andslated roof. Full planning permission iscurrently in place for change of use to class 4office consent.

FG BURNETT 01224 572661

Great Northern RoadAberdeen

To Let. Area: Unit B: 4,058 sq.ft (377 sq.m).Rent: £15 per sq.ft. Following letting toActive Office only one unit remaining. Car-parking for approximately 44 cars is provided.

CBRE 01224 219000CULVERWELL 0131 226 6622

The AcademyShopping Centre Aberdeen

To Let. Area: from 400 sq.ft (37 sq.m) -10,000 sq.ft (929 sq.m). Rent: uponapplication. Units available in The AcademyShopping Centre. The centre comprises amix of closed and open court yard spacehousing a collection of both retail and leisureoperators.

CBRE 01224 219000

Balmoral Business ParkLoirston Aberdeen

To Let/For Sale. Area: from 5,035 sq.ft (468sq.m)-52,000 sq.ft (4,832 sq.m). Tailoredpackages or outright sale basis available.Flexibility is the key word in describing thisprestigious development, includes officespace and industrial warehouse. Potential forhotel.

RYDEN 01224 588866

Kirkwood Business ParkSauchen Aberdeenshire

To Let. Area: from 2,309 sq.m (24,856 sq.ft)approx up to 2,672 sq.m (28,759 sq.ft). Rent:from £135,000 pa. Modern, purpose built,warehouse with 7m eaves and extensiveconcrete yard. Flexible Terms.


Thainstone Axis CentreInverurie

To Let. Area: 1,604 sq.ft (149.0 sq.m). Rent:upon application. High quality open planoffice accommodation arranged over groundfloor with parking.

FG BURNETT 01224 572661

Thainstone BusinessCentre Inverurie

To Let: Area: 160 sq.ft (14.8 sq.m). Rent:POA. Stylish office and meeting space only20 minutes from Aberdeen city. On-siteparking available. Tel. 01467 672500.


Burnside Business CentrePeterhead

To Let. Area: from 165 sq.ft. Price: from £299+ vat per month. All inclusive custom sizedoffice units and meeting room. 45 minutesdrive from Aberdeen. Parking available.


80 High Street Inverurie

To Let. Area: 2,941 sq.ft (274.14 sq.m). Rent:£40,000 pa. The subjects comprise animposing yet attractive building of traditionalgranite and slate construction planned overground, first and second floors with smallbasement. Car parking available.


Granitehill TerraceDanestone Aberdeen

For Sale. Area: 0.272 ha (0.67 acres). Price:Offers in the region of £350,000.Development opportunity with full planningpermission for 4 homes. The site comprises aformer transport yard of regular shape with adisused cottage and outbuildings located tothe front.

FG BURNETT 01224 572661

AberdeenRetail

AberdeenLand

AberdeenshireIndustrial

AberdeenshireOffice

Bon Accord Lane Aberdeen

To Let. Area: Thirteen car parking spaces.Rent: £1,500 per parking space per annum.City Centre car parking spaces. Located tothe North of Bon Accord Lane betweenGordon Street and Dee Street, andapproximately 200 yards from Union Street.


AberdeenGeneral

Newton Hill GarageStonehaven RoadNewtonhill

For Sale. Area 0.37 Hectares (0.9 Acres)Price: Offers over £250,000. The subjectscurrently comprise a vehicle repair garage &yard. The site has been granted OutlinePlanning Permission for 2 industrial units.

DM HALL 01224 594172

AberdeenshireLand

AberdeenshireRetail


Hareness Road AltensIndustrial Estate Aberdeen

For Sale. Area: 3.37 hectares (8.33 acres).Price: in excess of £3.95 million. Feuholddevelopment site. Prime industrial location.Available as a whole, or in separate lots. Noties to Design & Build.



13

28 Institution Road Elgin

For Sale. Area: 1,701 sq.ft (158.13 sq.m).Price: Offers are invited. Traditional endterraced two storey office building withexcellent potential for residentialdevelopment. Single garage and adjoiningoutbuildings.

ATHOLLS 01224 637666

Development SiteStrichen Aberdeenshire

For Sale. Area: 1.17 ha (2.89 acres) orthereby. Price: Offers over £175,000.Development Site with Potential for 12Homes. The subjects form an irregularlyshaped site accessed directly from the A981and formerly used as a sawmill.

FG BURNETT 01224 572661

Development Site,Netherton Park StMagnus Road Fraserburgh

For Sale. Area: 1.09 ha (2.69 acres) orthereby. Price: Offers over £275,000.Development site with full planningpermission for 19 homes. A regularly shapedgreenfield site enclosed with post and wirefencing.

FG BURNETT 01224 572661

Balmacassie Ellon

For Sale. Area: Sites from 0.18ha (0.45acres)to 4.37ha (10.79acres) approx. Fully ServicedDevelopment Sites with planning permissionfor Industrial and Office use. Also, site withRetail consent opposite Tesco.


Barra Business ParkOldmeldrum Aberdeenshire

For Sale. Area: total site size 4.73 acres.Price: from £350,000 pa. The site comprisesthree remaining prominent irregular shapedplots of land, located adjacent to the newbypass. The site has been approved by theAberdeenshire Council for future Business use.

DM HALL 01224 594172

Mita House14 Nobel Road Dundee

To Let/For Sale. Area: 8,303 sq.ft (771.40sq.m). Price: £500,000. Rent: £45,000 perannum. The subjects comprise a workshop /store with interconnected office building,which would make an ideal food preparationand distribution facility.


Dunsinane Park Dundee

To Let. Size: 5,000 sq.ft to 22,500 sq.ft (464sq.m to 2,088 sq.m). Rent: on application.The development will comprise two terracesof units, with a central access roadway offKilspindie Road, and with parking areassituated to the front of the units.

RYDEN 01382 227900KING STURGE 0131 225 4221

AberdeenshireGeneral

AngusGeneral

Wellheads AlfordAberdeenshire

For Sale/To Let. Proposed mixed commercialdevelopment comprising development sites,Business Centre, Industrial units and 60 bedNursing Home, adjacent to proposedresidential development.


Highlands & IslandsIndustrial

Units 7 & 8 TheEnterprise Park Forres

To Let. Area: Unit 7 total area 3,935 sq.ft/Unit8 total area 3,054 sq.ft. Rent: Unit 7 £24,000pa/Unit 8 £19,800 pa. Modern detachedadvanced manufacturing units with carparking.

GRAHAM + SIBBALD 01463236977

Highlands & IslandsOffice

Unit 9The Enterprise Park Forres

To Let. Area: 9,867 sq.ft (916.6 sq.m) Rent:£100,00 pa. The property comprises a veryattractive purpose built office completed to amodern design and high specification.

GRAHAM + SIBBALD 01463236977

MorayOffice

James Chalmers RoadArbroath Enterprise ParkArbroath

To Let/For Sale. Area: 20,500 sq.ft (1,904.50sq.m). Price: Upon application. Rent: Uponapplication. The subjects comprise a modernoffice / industrial unit with generous carparking. Could be sub-divided.


AngusRetail

20 Bank Street Kirriemuir

For Sale. Area: 1,191 sq.ft (110.7 sq.m). Price:Offers in the region of £95,000. Retail Unit.Comprises a self-contained ground floor retailunit which has been refurbished and is readyfor immediate occupation. Offers to leasemay be considered.

RYDEN 01382 227900

TaysideIndustrial

hundreds of properties online


CommercialPropertyReviewGo online:www.getcommercial.com

• 100s of properties available

• fully customisable search

• commercial propertyfeatures & comments

• 24 hour market news

• comprehensive

online directory


UNDEROFFER

18

Directory Advertisers

Aberdeen City CouncilSt Nicholas HouseAberdeenT 01224 522855

DM Hall259 Union StreetAberdeen AB11 6BRT 01224 594172

Young & Co.1 Queens Lane SouthAberdeenT 01224 322399

West Coast Estates Ltd.www.westcoastestates.co.uk

T 07590 712030

Graham + Sibbald21 Carden PlaceAberdeen AB10 1UQT 01224 625024

1 GreenmarketDundee DD1 4QBT 01382 200064

4 Ardross StreetInverness IV3 5NNT 01463 236977

3 Charlotte StreetPerth PH1 5LWT 01738 445733

TThhee SSkkeennee GGrroouupp7 Queens GardensAberdeen AB15 4YDT 01261 620067

Ryden25 Albyn Place Aberdeen AB10 1YLT 01224 588866

Unit 20 City QuayCamperdown StreetDundee DD1 3JAT 01382 227900

Moray House, 16-18 Bank StreetInverness IV1 1QYT 01463 717202

Knight Frank4 Albert Street Aberdeen AB25 1XQ T 01224 644272

King Sturge7 Castle StreetEdinburgh EH2 3AHT 0131 225 4221

Mark Halliday & CompanyRiverside House, Riverside DriveAberdeen AB11 7LH T 01224 224499

J & E Shepherd35 Queens Road Aberdeen AB15 4ZNT 01224 202800

13 Albert SquareDundee DD1 1XA T 01382 200454

Willow HouseStoneyfieldBusiness ParkIV2 2PAT 01463 712239

Excel Properties12 Bon Accord SquareAberdeen AB11 6DJT 01224 594100

Enterprise North East TrustKaren Pugh Enterprise Business CentreAdmiral CourtPoynernook RoadAberdeen AB11 5QX

T 01224 289738 or 07876 443435

Atholls Chartered Surveyors16 North Silver StreetAberdeen AB10 1RL T 01224 637666

Colliers CREBalgownie Technology Centre, Campus 3Aberdeen Science and Technology ParkBalgownie Drive, Bridge of DonAberdeen, AB22 8GWT 01224 355185

CBRE3 Queens TerraceAberdeen United KingdomT 01224 219000

F.G. Burnett33 Albyn PlaceAberdeen T 01224 572661

All information shown in this publication is not warranted accurateor complete. CPR does not accept any liability for loss resultingfrom use of the information displayed. Information provided,including information on any property identified as available forsale, lease or disposal can not be guaranteed accurate and shouldnot be regarded as an offer to sell, lease, or otherwise disposeof that property. Unless otherwise indicated, all informationdisplayed is Copyright © EQ Design and contributing agents 2009.

ContactsPRESS RELEASES & NEWS Gabi [email protected] 01224 622277

PROPERTY LISTINGS Gabi [email protected] 01224 622277

ADVERTISING Gabi [email protected] 01224 622277

[email protected] 01224 622277

MAILCPR, The Bank, 292 Rosemount Place, Aberdeen AB25 2YAT 01224 622277F 01224 622280

The Definitive Listings Guide for The Grampian, Highlands & Tayside Regions


19


WANTED!Sites forresidential &commercialdevelopment

Please contact Niall MacLeod Tel 01224 715720Mob 07795 098693 Email [email protected]

Dandara LtdMoir HouseStoneywoodAberdeen AB21 9LA

www.dandara.com

For over 10 years, EQ Design have been building brands for a multitudeof property related companies. From developers and agents, to estate agents and housebuilders, our creative team have become an invaluabletool for increasing market share and making an impact.

So why not drop by for a coffee, click through our website, followus on twitter or just make an old fashioned phonecall and find outhow we do it and how we can do the same for you.

The propertybra d specialists

Brand Development // Print Design // Digital Design // Advertising

EQ Design LtdThe Bank292 Rosemount PlaceAberdeen AB25 2YA

T: 01224 622277

www.eqdesign.co.uk

Date post:	11-Mar-2016
Category:	Documents
Upload:	eq-design
View:	224 times
Download:	5 times

COMMERCIAL PROPERTY REVIEW #28

Documents