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Wellington Road - West Tullos Industrial Estate - Styropack, Aberdeen, ABE

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West Tullos Industrial Estate - Styropack Wellington Road

Aberdeen, AB12 3AS


Property type:Industrial Sub type:Warehouse Status:Existing Year built:1980
Building size:48,768 sq ft Land area:-
Eaves height:- Loading docks:No
For sale price:£2,900,000 Price:£59.47 sq ft
Yield:8.91 %
Sprinklers:- Drive in bays:4 tot.
Amenities:Security System, Roller Shutters



Sale Notes:
15 years unexpired lease term (no breaks)
Established tenant who has been in occupation for over 40 years
RPI linked rent review in June 2020
Tenant has recently extended their lease, demonstrating their commitment to the
property
Within an area of car showrooms and modern commercial developments
One of the only Freehold sites on the West Tullos Estate
£2,900,000, subject to contract
8.91% Net Initial Yield
9.87% anticipated reversionary yield in June 2020
Capital value of £62 per sq ft

J & E Shepherd
James D Morrison
001224202836

  
Singer Vielle Scotland
Graham Waddell
00141221454




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