£45 million Business Park Moves Step Closer with Steel Work Completion

Knight Real Estate reports strong interest in its £45 million business park as steel work completes and road and car parks are formed.

Westpoint is a speculative business park by the leading property developers in a 6.75 acres site at Phase II of Arnhall Business Park, Westhill.

The steel work for the first three pavilions is now complete, ensuring that accommodation will be available for letting in 2008 as planned, pavilion 1 is the biggest of the three with 40,000 sq ft of accommodation over 4 floors while Pavilion 2 and 3 are 15,000 sq ft and 12,500 sq ft respectively, over 3 floors.

Knight Real Estate and sole letting agent, Ryden, have received a high level of interest in the accommodation from a variety of business operating in the oil and gas sector.

Knight Real Estate director, Howard Crawshaw, says " Given the high demand for quality office accommodation in prime locations and the limited supply, we always anticipated strong interest in Westpoint. However, we have been greatly encouraged by the level of very solid interest from oil and gas related companies who are rapidly expanding and outgrowing their existing premises".

"WestPoint underlines our ethos of facilitating developments which provide flexible, efficient, value for money property in the right locations".

Westpoint Business Park will offer 4,200 sq ft to 150,000 sq ft of high quality office accommodation spread across seven pavilions. The development will be capable of potentially housing up to 22 businesses.