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News Release

Scotland

700 acre Port of Ardersier strategic development site with mixed use potential goes up for sale


​EDINBURGH: 29 February 2016

The Port of Ardersier, a former fabrication yard spanning 700 acres in Whiteness near Nairn, has been put up for sale.

The site is being marketed by Valad Europe and JLL on behalf of Tony Friar and Blair Nimmo of the joint administrators, KPMG. The 700 acre site consists of 340 acres of developable area and a one kilometre long deep water harbour, which is protected by a sand and shingle spit. The former owner of the port, Port of Ardersier Ltd, was placed in administration late last year.

Billed as a strategic development opportunity, the site has planning permission and adopted local development plan allocation for a variety of land uses including residential and marina, industrial, port related and associated renewable energy options.

Formerly operating as the McDermott Yard since the early 1970s, the site was used to construct offshore platforms for use in the North Sea oil and gas industry and employed 4,500 people at its peak operation, before the port closed in 2001 following a fall in demand. Port of Ardersier Ltd was granted full consent from the Scottish Government in August 2014 to bring the site back into use. Since then the site has been cleared and remediated.

In 2014 the Highland Council granted planning permission in principle to establish a port or port services for energy related uses, having previously granted permission for a residential-led mixed use development incorporating 2,000 houses, a hotel, 500 berth marina and retail and leisure facilities. Both planning consents remain live.

The site is adjacent to Inverness Airport, which offers direct flight connections to London and central Europe, including Amsterdam's Schiphol Airport. Mainline rail connections providing direct services to Edinburgh, Glasgow and London are located within Inverness city centre.

Andrew Richardson, Head of UK Development at Valad Europe said: "In the past few years, we have established a strong track record working in partnership with administrators and other stakeholders to recover maximum value from similar situations. This type of work requires detailed knowledge of planning, environmental and strategic issues, particularly with regard to the local area."

Jason Hogg, Head of Development Land, at JLL in Scotland said: "The Port of Ardersier offers a fantastic opportunity to purchase a large scale, remediated strategic site with a live planning consent for a mixed use development. Given the growth of renewable energy in the North of Scotland, the site offers excellent medium to long-term planning potential for a variety of uses. Mixed development land opportunities of this scale are very few and far between in Scotland, particularly when set against one of the most beautiful backdrops in the UK.

"Once developed, the site will appeal to a wide range of potential buyers including international investors amid the increasing demand for renewable energy space".