We have added to our diverse commercial property portfolio with the acquisition of the 1.5 acre Seafield Trading Estate. Situated one mile to the north east of Inverness city centre, the trading estate is located within the Longman Industrial Estate - the Highland capital’s most central and established business and commercial location.
Occupied by long term tenants Siemens Gamesa Renewable Energy, Finning UK, JD Todd, Geo Amey Pecs and Edmundson Electrical, the modern multi-let industrial five unit terrace extends to 22,482 sq ft with generous shared concrete yard with parking.
Speaking about the purchase, Ark Estates managing director, Willie Gray, said:
“We’re delighted to have acquired the Seafield Trading Estate. As a great building in a prime location with excellent tenants, it’s a superb addition to our commercial property portfolio. All current tenants will remain after the acquisition and we look forward to working with them going forward.”
The 1.5 acre Seafield Trading Estate consists of five industrial/trade counter units of steel portal frame construction with powder coated profiled metal cladding and profiled metal roofs. Each unit boasts its own dedicated vehicular access, roller shutter door and pedestrian access door.
The units - which boast excellent communications links with direct access to the A9 North and South - benefit from blockwork dados, WCs, kitchen/tea prep facilities and office pods. Some of the units have been fitted out with additional offices, mezzanine floors, trade counters, and extended welfare facilities.
Editor’s notes:
Established in 2003, ARK Estates is a property investment and development company which leases property from its own diverse portfolio which includes retail, commercial, industrial and residential premises in a variety of locations in Scotland.
ARK Estates offers a full development service to clients. They have provided strategic advice and property consultancy services to housing, public sector and corporate clients as well as individuals.
ARK Estates can help clients identify appropriate and realistic development or regeneration opportunities and can offer a ‘turn-key’ service to turn a client’s vision into reality. ARK Estates can provide assistance from strategy, through the initial appraisals, valuations and planning negotiations through to development management onsite.
William Gray, Managing Director of ARK Estates Scotland, has been involved in property management and services for more than thirty years and the company has enjoyed significant growth as it has taken advantage of market niches, local knowledge and national contacts.
Clients include both national and local businesses looking for solutions to accommodation problems as well as individuals looking for investment opportunities. ARK Estates has also worked with joint venture partners to develop a site or business opportunity. The coordination of government agencies and business is a big part of ARK Estate’s business, working with a variety of local and national professional companies.