Planning permission secured for speculative Aberdeen industrial units

The Core Indicative Spec UnitsPrivate equity real estate funder Clearbell Capital has secured detailed planning consent for four new industrial units at The Core, a 100 acre business park located in the Bridge of Don.

Planning consent has been granted for four units of varying size - 100,000 sq ft, 39,000 sq ft, 27,000 sq ft and 26,000 sq ft. All units will consist of both office and industrial accommodation.

The first two to be speculatively developed will be the 39,000 sq ft and 27,000 sq ft units which will also include service yards. As well as being extremely energy efficient, the units also benefit from a high quality specification and are based in a prominent position at the entrance of the park.

Permission has also been secured for an additional two plots; one of which is for a 100,000 sq ft unit made up of industrial and office accommodation with a 2.5 acre service yard. The other plot, spanning 2.14 acres, will comprise 20,000 sq ft of warehouse and 6,000 sq ft of office space with a 28,060 sq ft service yard.

Nick Berry, partner at Clearbell, said: “With these detailed consents in hand and infrastructure works complete, there are no barriers to an instant start on site. In particular the 100,000 sq ft unit is capable of being delivered in around nine months, allowing us to be responsive to the Aberdeen market.”

All facilities at The Core will be of the highest quality and will be BREEAM ‘Excellent’ and EPC ‘A’ rated at no extra cost to the occupier, delivering running cost savings of up to 50 per cent and helping occupiers to meet the carbon reduction commitments.

Nick Berry added: “In addition to the speculative opportunities available at The Core, there are also design and build solutions on a lease or heritable basis as well as serviced land for owner occupation opportunities.

“Our letting agents, FG Burnett, Shepherd and Jones Lang LaSalle, are currently in detailed discussions with potential occupiers and we’ve been encouraged by the positive nature of these negotiations.”

Generate Land, The Core’s development advisor, has confirmed platforming works are complete across Phase 1. Plots are now ready for development, including one for HVAC & Refrigeration Engineering Ltd. The firm is making significant progress developing its new facility and is expected to be in occupation by the end of summer 2015.

Jones Lang LaSalle, FG Burnett and Shepherd are leasing agents at The Core.

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