NEWS

100% occupancy at Forties Industrial Estate, Altens

3rd May 2016

Forties Industrial Estate in Altens is now fully let after Ryden signed up L & I Eaton for the last remaining unit and agreed a three-year lease extension with BATT Cables.  

The 450 sq m (4,843 sq ft) unit will serve as a central car repair centre for L& I Eaton in Aberdeen and was secured on a five-year lease at rent of £42,500 per annum. 

Forties Industrial Estates comprises nine industrial units providing over 63,400 sq ft.  The estate is ideally located two miles south of the city centre and in close proximity to the southern terminus of the Aberdeen Western Peripheral Route. Nearby occupiers include TNT, Baker Hughes, Tyco, Taylors Industrial Services, Rico Logistics and MSD Design.

Matthew Moggach of Ryden said: “Demand for good quality terraced industrial accommodation remains strong in Aberdeen despite current economic difficulties and we’re pleased to have secured full occupancy at Forties Industrial Estate.”

Ryden acted on behalf of CBRE Global Investors in the deal.

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