Highland developer acquires commercial properties near freeport

Property investment and development company Ark Estates has acquired Ardroy House and Culcraggie House at the Teaninich Industrial Estate in Alness. The commercial properties near the Cromarty Firth Freeport area were purchased from previous owner BT. While, 9,367 sq ft Ardroy House is currently being converted to be let as part of the Ark Estates portfolio, Culgraggie House is set to secure the future of local youth organisation, Fyrish Gymnastics Club.

Located just off the A9 trunk road, Ardroy House is a single storey detached building of steel frame construction with predominantly block infills walls and a pitched profile metal clad roof. Ahead of letting, it is currently being upgraded by local firms Aardvark, ANM Electrical and IBI Joiners. Available as an individual unit - or with the option of dividing into three units comprising 3,000 sq ft each - expressions of interest should be directed to agent Kenny McKenzie of Graham + Sibbald in Inverness.

Fyrish Gymnastics Club, which has been a long term tenant at Culgraggie House, recently launched a public campaign to save the organisation after the building was put up for sale by BT. Ark Estates has helped to secure the future of the club by offering a heavily-discounted lease agreement, formalising the reduced rent arrangement it had with BT. Ahead of the new lease being signed, Ark is carrying out upgrades to the building, including the fitting of solar panels.

Willie Gray, managing director of Ark Estates, said: "We are anticipating a high level of interest in Ardroy House and it's a privilege to be able to secure the future of Fyrish Gymnastics Club at Culcraggie House."

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