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Two offices sold for £0.7m at Almondview Office Park in Livingston

24th November 2016

On behalf of CEG, Ryden has successfully sold two buildings at Almondview Office Park in Livingston to owner-occupiers Nordan and A1 Automotive.  Both properties were sold at a capital rate of £40 per sq ft. 

Nordan, a leading company in development, marketing, production and delivery of eco-friendly windows and doors for domestic and commercial properties, has acquired Building 3 which extends to 1,074 sq m (11,570 sq ft) and has 28 parking spaces.  The premises have been fully refurbished ahead of the firm’s occupation this month. 

Building 4, measuring 553 sq m (5,960 sq ft) with 13 car parking spaces, was purchased by A1 Automotive.  The firm is a leading supplier of automotive logistics and has already moved into their new office.

Peter I’Anson, partner at Ryden, comments: “After identifying a lack of owner-occupation premises in the area, we earmarked two pavilions at the 0.93 ha (2.3 acre) Almondview Office Park for sale in late 2015, which has ultimately provided our client with a higher return.”

Nordan was represented by FT Linden and A1 Automotive by JA Pollock. CEG was represented by Ryden and CMS Cameron McKenna.

Peter I'Anson

Peter I’Anson has been with Ryden for 20 years and has wide experience within the public and private sectors in all aspects of general practice surveying. He is a Partner within the Office Agency & Development department, specialising in development and agency instructions.

His responsibilities include advising clients on value, marketing, acquisitions and disposals with regard to office, institutional properties and major developments.

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