Manchester-based property developer Nabeel Mussarat has just completed the purchase of an office block that measures in at just over 25,000 square feet. Mussarat’s interest in this development stems from the redevelopment potential of the building that will attract new tenants to the site.
Nabeel took on this site in late April, in an effort to expand his redevelopment portfolio and target a development further afield than usually sought after. This led him to Cluny Court in Kirkcaldy, Fife, which could be a commercial beacon for the area and prove to revitalise the professional scene in the area if the right amount of redevelopment goes into it.
Cluny Court is strategically located adjacent to Fife Central Retail Park, a very popular retailing destination with tenants such as Sainsburys, M&S and Argos. The site is accessed via the roundabout on the A910 and has close connections to both Edinburgh and Perth. The building itself is a bespoke, purpose-built modern detached office building arranged over ground and first floors accessed via an impressive double height glazed atrium reception. The site benefits from being in an already established setting, making a redevelopment project here a beneficial move as the area already attracts traffic.
Cluny Court as of now is partially tenanted. Nabeel’s mission is to fully advertise the open vacancies and revamp the current interior of the office blocks to attract companies from all walks of life. By undertaking this, it ensures that the current professional interest in the area is emphasised and shows that this Kirkcaldy works further towards being a business hub.
This is the first of potentially many Scottish sites purchased by Nabeel as he works to extend his commercial portfolio, which will hopefully lead to a general increase of professional spaces across otherwise remote areas.
Nabeel had this to say on the acquisition of Cluny Court:
“I am used to developments in areas closer to home, so when I was presented the opportunity to branch further afield, I thought it would be an interesting learning experience to investigate this project. This particular complex has enough foot traffic to thrive under the correct development plans and will hopefully one day prove to be even more of a professional hub that secures Kirkcaldy’s place as a business settlement in the future” – Nabeel Mussarat