An Aberdeen-headquartered property investment and development company has concluded a sale and build development of a key industrial site to the south of Aberdeen.
To mark the commencement of the last phase of the site, which was purchased in 2008, West Coast Estates has agreed the sale of the last remaining plot at 1 Minto Drive, Aberdeen, to local company K&L Ross Limited.
The deal, which is worth in excess of £2.7million, will see West Coast Estates develop lot B at the site to provide health and safety clothing and equipment supplier K&L Ross with a new office and distribution warehouse facility.
The 1.5 acre site, which will comprises 4,365sqft of office and 15,677sqft of warehouse space, including secure yard car parking, has been designed with sustainability and energy in mind.
Iftikar Mian, director of West Coast Estates – which is currently celebrating its 20th anniversary – says the development at Minto Drive has proved to be an important one for the city.
He said: “We are delighted to be able to supply a prime facility like 1B Minto Drive to a local company which is currently experiencing a period of rapid growth.
“Despite the current climate and tight financial environment, this deal shows that local companies can pull together and ensure that progress can still be made in the business community. We have derived great satisfaction transforming the Minto Drive site from an aged facility to a sustainable and vibrant industrial facility for Aberdeen.”
K&L Ross managing director Martin Ross says the move heralds an extremely exciting time for the company which has been at its current headquarters at 303-305 King Street, Aberdeen, for seven years.
He said: “Due to a marked increase in our business we had reached a stage where we really had to look for new premises to ensure we could continue to meet the growing needs of our clients. I was initially attracted to the site’s prime location and working with West Coast Estates’ forward thinking team meant we could develop headquarters which were fully tailored to our future needs.
“I am positive that this move will be one of the key facilitators in the future of our business and will give us the space and resources to develop our services further.”
During the site’s development, lots have also been secured by DPD, and Amor Group.
West Coast Estates, which was set up by Mr Mian and his brother Ali in 1991, is currently working on a number of projects, including redeveloping and refurbishing commercial premises throughout the North-east.
For further information about West Coast Estates, please call 01224 639 683 or visit www.westcoastestates.co.uk