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Multi Let Industrial Investment , Links Place, Aberdeen, AB11 5DY

32,961 Sq Ft / Other

Withdrawn - Last updated: 21 March 2024

The property comprises three modern detached warehouse units with offices, external secure yards and car parking. The units are of steel portal frame construction with concrete floors, blockwork and insulated metal clad walls, all under a pitched insulated metal roof. The internal eaves heights of the warehouses is estimated to be approximately 7m. Unit F benefits from a Demag 10 tonne overhead gantry crane.
( Agency Pilot Software ref: 14976 )

Location

The property is located on the north side of Links Place within the harbour area of Aberdeen. The premises are accessed via Wellington Street and are centrally located and easily accessible to the city’s inner ring road. Beach Boulevard Retail Park lies immediately to the north beyond Garvock Wynd. Notable occupiers in close proximity to the premises include Langstane Press, Aberdeen Fabrication Ltd, MKM Building Supplies and Wolseley

Accommodation

Total accommodation of 32,961 sq ft (3,062.15 sq m)

Terms

EPC The units have the following EPC ratings (2022 Assessment) Unit F - D Unit G - B Unit H - D

TENURE Heritable (Scottish equivalent of English Freehold)

Specification

  • Passing rental of £304,000 per annum.
  • Future asset management opportunities
  • WAULT to expiry 6.5 years, WAULT to breaks - 4.6 years
  • Offers in excess of £2,900,000 exc VAT, reflecting a net initial yield of 9.85%, after purchaser’s costs.

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