Media Release: Shepherd acquires industrial investment opportunity in Inverness for Nicam Developments

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ACTING on behalf of Nicam Developments, Shepherd Chartered Surveyors has acquired a significant industrial investment opportunity in Inverness from Upland Developments for £1.65 million.

Nicam has purchased units 2 and 3, representing some 21,500 sq ft of accommodation, on Stadium Road in the popular Longman Industrial Estate on the northern periphery of Inverness presently occupied by five tenants on long leases with a combined passing rental of £144,484.

Sandy Rennie, Head of Shepherd’s commercial department in Inverness, said: “We are delighted to secure this deal on behalf of Nicam Developments for prestige trade counter space benefiting from excellent accessibility to the A9 and A96 trunk road network as well as easy access to the city centre and Inverness Airport.”


For further information please contact Sandy Rennie tel 01463 712239

Issued on behalf of Shepherd by Liquorice Media tel 0141 297 1699

Date 29th October 2013.

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Contact: Susan Christie
Phone: 01412971699