Banchory Trade Park will be located to the east of the town, on Burn O’Bennie Road, an area which comprises a mix of residential and commercial uses including Banchory Business Centre and Tesco.

The 20,000sq ft industrial and trade counter development will comprise four terraces. It will be anchored by trade kitchen and joinery supplier Howdens, which has already pre-committed to a long-term lease on the 6,000 sq. ft Block 2.

 A variety of units will be available ranging from 800-6,000 sq. ft (75-550sq. m) and units can be tailored to meet the occupier’s size requirements.

Iain Landsman, managing director at Hutcheon Mearns Real Estate, said: “Banchory has seen a spike in residential development across recent years which has seen the town grow and continue to prosper. Banchory Trade Park will complement the wider development of the Hill of Banchory and provide new high quality units which will be a great new addition for bringing new employment into the area.”

The deal represents the latest success for Hutcheon Mearns Real Estate, which has developed a strong client portfolio and supported a wide range of projects since its launch in March 2023.