An Aberdeen based property investment and development firm has unveiled its latest development site at Conon Bridge.
West Coast Estates acquired the one acre site at Conon Bridge and the Co-op Food has been secured as the first tenant. Two further units are available for let at the development, which has an end investment value of £1.5 million and will create up to 40 retail and 12 construction jobs.
Ideally located for a retail complex, the site benefits from close road links and sits adjacent to the Braes of Conon residential development and Ben Wyvis Primary School.
West Coast Estates director, Iftikar Mian, says the company is committed to making a difference to local communities through the development of neighbourhood retail.
He said: “One of our objectives as a company is to invest in neighbourhoods, helping businesses to set up and serve local communities. This development will be an attractive addition to the area and we expect there to be a lot of interest in the available retail units.
“There has recently been a resurgence in localised retailing and going forward we are looking to maximise the potential of neighbourhood sites across Scotland, which can add a tremendous amount of value to the communities they serve, enhancing amenities within the local areas.
“Braes of Conon Shopping at Conon Bridge is a fantastic example and with this in mind we are constantly looking for other sites that may be ideally positioned to this type of retail units.”
Alan Johnston, regional manager for the Co-op, said: “We look forward to establishing a new food store in Conon Bridge as well as creating a significant number of jobs for local people. The Co-op is a community retailer and we’re committed to playing an active role in local life.”
Each available unit occupies 1015 sq. ft. Set on a landscaped site, the retail development offers delivery and customer access in a desirable location with38 no dedicated customer car parking spaces.