Gladman Developments have confirmed it has let a further 15,000 sq ft of business park office space at Arnhall Business Park in Aberdeen.

Abermed, Annixter, Kongsberg Maritime and RigNet have all agreed leases at Abercrombie Court in Westhill of between 5 to 15 years for units ranging from 2,200-5,250 sq ft. Rents achieved were between £17.50 and £18.50 per sq ft.

Gladman Developments’ Abercrombie Court in Aberdeen is proving a top draw with a multitude of investment sales and lettings confirmed in the last three months.

The surge in demand has encouraged Gladman to begin the second phase of construction, which will comprise a further 52,600 sq ft and offer units ranging from 1000-5000 sq ft.

Britons looking to open a business property may find the current conditions are favourable, an expert has said.

Matthew McEachran, retail analyst at Singer Capital Markets, stated new commercial property owners could see the situation as "better from the perspective of cost and tax incentives".

This is particularly true following measures announced in the emergency Budget, as start-up businesses could benefit from the incentives, he continued.

COMMERCIAL property specialist Carver Commercial has been appointed by Gladman to help market a flexible workspace business park in the Catterick region.

The Darlington firm, Carver Commercial, has been appointed joint agents with Sanderson Weatherall to market Gladman's Bailey Court and Battalion Court at Colburn Business Park.

Following the excellent level of interest in Gladman’s Abercrombie Court development in Westhill, Aberdeen. Gladman Developments has commenced construction of the second phase. Although not immune from the current economic climate Abercrombie Court has achieved continued success and is now firmly established as one of the fastest growing business parks in Scotland.

On behalf of Gladman Developments, GVA Grimley Ltd, Edinburgh and Edwin Thompson have sold the investment at Unit 1, Ramparts Business Park, Berwick Upon Tweed to a private investor for a price in the region of £700,000.  The premises are let to Berwick Borough Housing Association on a full repairing and insuring lease until November 2017 at an initial annual rental of £70,150p.a.

Graham + Sibbald have secured the first letting within Dundee’s premier Office Park, shortly after its official opening. 

Unit 3 Valentine Court at Gladman Developments, Dundee Business Park in Dunsinane Business Area, was leased to a private finance company based in West Yorkshire.  The 5 year Full Repairing and Insuring lease equates to an intial rent of circa. £14 per square foot.  

Although the past 18 months have been a testing time for the property industry, the commercial market in South Tyneside has performed well, say North East experts.

The ready availability of high-quality new accommodation across South Tyneside has singled it out as a popular area for companies and investors.

A high level of activity in the Aberdeen office market with an upsurge in recent office requirements has been reported by commercial property consultants, FG Burnett.

It’s smiles all round as dentist Norbert Neubauer gets ready to welcome the first patients at his new Aberdeen practice.

Abercrombie Dental Practice is the latest tenant to move into Gladman Developments’ Abercrombie Court in Westhill.