The subjects comprise an attractive courtyard office development with a secure private car park for 8 cars. The property is a mix of granite and concrete block construction, part harled and with a pitched slate roof. Windows are double glazed aluminium framed.
Each unit is accessed from an attractive central courtyard area. Internally, the accommodation is planned over ground and first floors and provides attractive modern open plan office space together with male, female and disabled toilets, shower room and kitchen areas. Finishes throughout include carpet tile floor coverings, painted plaster walls, suspended ceiling with LG7 lighting. Comfort cooling units are installed to most of the offices.
Location
The development is located on the west side of Huntly Street, close to its junction with Summer Street. The surrounding area provides a mix of commercial and residential occupiers, with Union Street, Aberdeen’s principal shopping thoroughfare, a short walk away. Other office occupiers on Huntly Street include, Dana Petroleum, Procurator Fiscal’s Office, Proactis and the Care Inspectorate.
Accommodation
12,119 sq ft (1,125.88 sq m)
Terms
EPC The property has an EPC Rating of D (2022 assessment)
TENURE Heritable (Scottish equivalent of English Freehold)
SERVICE CHARGE The common areas are maintained via a service charge. Further details on request.
TENANT INFORMATION Fifth Ring Limited (No. SC129673) is a private limited company incorporated in January 1991. The principal activity of the company is the provision of public relations and communications activities. The company has a Creditsafe Rating of 83A.
Specification
- Attractive modern courtyard office development
- Enjoys an excellent city centre location
- Total accommodation of 12,119 sq ft (1,125.88 sq m)
- Passing rental of £67,050 per annum.
- Value add opportunity to lease vacant suites
- Potential for future residential redevelopment
- Offers in excess of £500,000 exc VAT, equating to an approximate capital value rate of £41.25 per sq ft