Offered for Sale: Unique Commercial Rental investment opportunity in Aberdeen

Description

The subjects comprise a series of workshop buildings with secure yard provisions for each constituent part, plus car parking.

Workshop below Unit 1/2

This part of the subjects comprises an open plan workshop with ancillary office accommodation. The workshop has a solid concrete floor, painted blockwork walls and basic strip lights. The office areas are carpeted, with painted and plasterboard lined walls and ceilings. Lighting is by way of mounted fluorescent lighting.

Former MSK Unit:

The accommodation is laid out to provide a physiotherapy clinic with reception to the front and a series of treatment rooms. The reception has a tiled floor, painted plasterboard walls and ceilings, and recessed spotlighting. The treatment rooms are similarly finished. Male and female WC’s are suited to the rear

Print Workshop

Internally, this section is laid out predominantly on open plan, providing a print workshop. The main area has a painted solid concrete floor, painted plasterboard lined walls and a suspended ceiling grid over inbuilt lighting. Adjacent to the main workshop are a series of offices, all of which are similarly finished, albeit have carpeted floor coverings. Also accessed from the workshop is the staff canteen and WCs. The canteen houses domestic style kitchen cabinetry and a stainless-steel sink, whilst the four. A further small storage area with separate access is situated to the northern end of the property, with this being finished throughout in a similar manner to the main workshop

Ground Lease Terms

The site is subject to a ground lease which was granted on the 30th September 1970 for a period of 99 years. There is an outstanding rent review from 15th May 2016 and 15th May 2021 however the proposed rental for the 2016 review is £19,750pa.

Viewing

All viewings must be accompanied by and arranged through Middleton Barton Asset Valuation Limited.

Location

The subjects are located within Aberdeen, Scotland’s third largest city which has a population of around 228,000. The subject property is situated in East Tullos Industrial Estate, on the east side of Hillview road, at its junction with Greenbank Place.

The area is predominantly industrial in nature and surrounding occupiers include Stagecoach, Kia Motors and Aberdeen Blast Services. The subjects benefit from direct access to Wellington Road, which to the south provides immediate entry to the AWPR.

Wellington Road also links directly to Aberdeen city centre. Therefore, the subjects are in a commutable location from all directions.