Ryden - Arbroath, Unit 4 Elliot Business Park, Peasiehill Road, Arbroath

Date: 22 Feb 2010

First letting at Elliot Business Park, Scotland.

Ryden, on behalf of Elliot Estates Ltd, has secured the first letting at Unit 4 Elliot Business Park, Peasiehill Road, Arbroath to Sterling Relocation Ltd.

The international relocation firm has taken approximately 728 sq m (7,840 sq ft) of newly refurbished warehouse space on a five-year FRI lease. A rental of £29,000 per annum was achieved.

Fergus McDonald, surveyor at Ryden, commented: "We are delighted to have secured our first tenant at Elliot Business Park. Sterling Relocation required a storage depot in Scotland and this unit suited their needs perfectly, being both centrally located and situated within a secure and modern environment."

Wendy Lownie of Sterling said: "We have a blue chip client base in Scotland, including both leading financial services companies based in Edinburgh and Glasgow and the major natural resources firms with operations in Aberdeen. We are delighted to have found such high quality space that is so conveniently located for all of our customers."

Elliot Business Park, Peasiehill Road, Arbroath

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