Work begins on third phase at Aberdeen business park
Dandara has started construction work this week on the third phase of City South Business Park in Portlethen, in a significant vote of confidence for the North East economy.
The property development company is building a further 28 industrial units to meet demand from small and medium-sized businesses for space at the 40-acre park five miles from Aberdeen City Centre.
The latest building work follows the success of previous phases at City South, which is now over 80% occupied and has attracted a strong line-up of tenants including KCA Deutag, Richard Irvin, HVAC, LHR Marine, lift specialist Otis and Clearwater Electrical.
Claire Bathgate, head of sales at Dandara Aberdeen, said: “The North East is very much open for business – the success of the earlier phases at City South testifies that there is a strong appetite for high quality, competitively priced accommodation with easy access to Aberdeen city centre and the motorway network.
“All 19 of the units in the first phase are sold and there are five units left in the second phase, so now is the perfect time to start work on the third phase as we have been inundated with enquiries from local companies looking for smaller units.
“These terraced units will offer the ideal solution for businesses who are looking for adaptable, easy to maintain, energy efficient units which can be customised to their individual needs. It is likely that they will also appeal to investors, who would be able to command rents for the units of around £13 per sq ft.”
The first 12 of the new units in Phase 3 will be ready to occupy in late Spring 2023. Ranging in size from 850-960 sq ft they will be suitable for a wide variety of light industrial uses and can be combined to form larger premises.
Each unit will be completed to EPC Rating A+ and will come with parking spaces.
Additional land is available for development at City South, offering companies the option to have a building designed and built to their specifications by Dandara or to buy land and build their own premises.
In further good news for City South, Euro Garages will shortly begin construction work on its new development there which will include a petrol station, convenience store and drive-thru.
In total, more than 13 acres of land will have been developed at City South when Euro Garages have completed building work.
The units currently available in Phase 2 at City South range in size from 1,500 sq ft to 2,250 sq ft.