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For Sale

Unit 2, Hareness Circle, Altens Industrial Estate, Aberdeen, Scotland, AB12 3LY

Tenure

For Sale

Type

Investment - Industrial/Logistics

Price

Offers in Excess Of £1,250,000

Size

13,804 Sq Ft

Ref No

11257

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Property Highlights

Extensively refurbished industrial facility extending to 1,282 sq. m (13,804 sq. ft).
Let to Peterson Freight Management Ltd until 25 August 2033, subject to a break option on 26 August 2028.
Tenant company benefits from a very low risk CreditSafe score.
Offers in excess of £1.25 million, exclusive of VAT
Stepped rental across the first 5-year term, with a headline rent of £150,000 pa.
High net initial yield of 11.33%, after purchaser's costs. Industrial Warehouse

Overview

Industrial investment opportunity in Altens Industrial Estate, Aberdeen.

The subjects occupy a largely rectangular shaped site with good road frontage onto Hareness Circle. The building comprises an extensively refurbished industrial facility with two storey offices, together with parking for 10 cars in a dedicated car park directly in front of the offices. There is a secure L-shaped yard running along the side and rear elevations of the building, which provides ample storage/laydown space and additional car parking provision.

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Daniel Stalker

Senior Surveyor

07887751090

Contact Agent

Ken Shaw

Partner

07836556768

Contact Agent

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