Ryden, acting as joint agent alongside Hutcheon Mearns Real Estate (HMRE), has completed the letting of Units 5 & 6, Forties Industrial Estate in Aberdeen to Enigma Industrial Services, a leading provider of scaffolding and insulation.
The units have been leased on a straight 15-year term, securing an annual rent of £80,000 with 5-yearly indexed linked reviews.
Located within the strategic Altens Industrial Estate, part of Aberdeen’s Energy Transition Zone (ETZ), these units have been extensively refurbished to meet current occupier demands. Thanks to the upgraded workshop spaces, ancillary office accommodation and a secure yard of 10,556 sq ft, they are ready to support Enigma’s operations from day one.
Daniel Stalker, Associate at Ryden, commented on the deal:
“We are very pleased to have secured this deal on behalf of our client.
“The significant investment by our client to refurbish the available space is testament to the very strong lease terms we secured with a company of Enigma’s stature. We are confident that this unit will significantly contribute to their success and growth.”
Neil Crombie of Rankeilour Properties, part of the Landlord’s Asset Management team added:
“This letting substantiates our strategic plan for Forties, which is being gradually upgraded and updated to provide a range of unit sizes from 4,800 to 27,000 sq ft with secure yards, hence maximising options for potential occupiers. We are delighted to welcome Enigma to the estate.”
Forties Industrial Estate comprises nine units arranged over two terraces. It is within the heart of the newly formed Energy Transition Zone, the UK’s largest dedicated energy transition complex created to position North East Scotland as a globally recognised hub focused on delivering net zero.
The landlord is currently continuing to invest in a comprehensive refurbishment of other vacant units within the estate, elevating the overall quality of the site and reinforcing their commitment to continued investment.