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Commercial Vehicle Hire Provider Redde Northgate PLC Looks to Drive Growth at New Premises

Posted: 26th August 2021

UK’s leading mobility solutions and automotive services provider Redde Northgate, represented
by Ryden, has successfully taken a lease of Unit 12A, Peterseat Park, Altens in Aberdeen. The
property has been let on a 10 year lease with a break option at year 5.

The prominent industrial premises comprises 6,516 sq ft of quality detached warehouse space
with a 3,208 sq ft two storey office accommodation, including ancillary car parking and large
secure yard.

Daniel Stalker of Ryden commented on the transaction:

“We are extremely pleased to have advised Redde Northgate on this transaction in what is a
challenging period for the northeast. The subject property satisfied our client’s requirement for
quality industrial space and we feel confident these premises are an excellent choice to facilitate
the continued growth of the company.’’

Joanne Riddell, Head of Property at Redde Northgate commented:

“Our acquisition of Unit 12a at Peterseat cements our ability to build the business and deliver an
unparalleled service to our customers. We are excited to see what the next five to ten years has in
store. In what continues to be an uncertain market, Ryden’s advice and guidance throughout this
instruction were invaluable.’’

Ryden acted on behalf of occupier Redde Northgate in this transaction, whilst FG Burnett
represented the landlord.

Business Comment

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