Alere Technologies Expands Presence at Dumyat Business Park

Dumyat Business Park, ClackmannanshireValad Europe, the multi-let real estate investment manager, has let Block 1 at Dumyat Business Park, Alloa in Scotland to Alere Technologies.

The research and development company, which already has a presence at Dumyat Business Park and has offices nearby at Stirling University Innovations Park, has taken an additional 7,000 sq ft unit.

Developed in a public / private joint venture between Valad Europe and Clackmannanshire Council, Dumyat Business Park currently comprises 24,000 sq ft of predominantly industrial space with planning consent to develop a further 12,000 sq ft. Following this letting, only two units between 2,500 sq ft and 5,000 sq ft, remain available for immediate occupation.

Dave Cordon, of Alere Technologies commented: “The decision to take an additional unit at Dumyat Business Park was based on how satisfied we are with our current building and the need to expand following a period of growth.”

Andy Richardson, Valad Europe’s Head of UK Development, commented: “This is a resounding endorsement of the quality of accommodation at Dumyat Business Park and an excellent result for the local area. A combination of the site’s modern design and its superb location ensure it is suitable for small to medium sized businesses either looking to expand or to establish operations in Scotland.”

Andrew Peel of Graham + Sibbald, Stirling Office, commented: “This is an exciting letting for Dumyat Business Park and the Clackmannanshire area in general. Although a number of options were available to Alere, the quality and flexibility of space available within Block 1, Dumyat, together with the close proximity of their existing premises, were the deciding factors for Alere to commit to this building.”

Dumyat Business Park is situated adjacent to the A907 at Tullibody, 4 miles east of Stirling. The Masterplan offers high quality business space in flexible units from 2,500sq ft (230sq m) to over 100,000sq ft (9,290sq m) suitable for a variety of uses including offices, call centre, hi tech manufacturing storage, production, trade counter and general light industry.

Accessibility has been further enhanced by the new Clackmannanshire Bridge over the River Forth and the re-opening of the Kincardine to Stirling Railway, which has provided a new railway station in Alloa town centre.

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