The subjects comprise a detached industrial facility, with two-storey offices, two inter-connected warehouses, plus substantial secure yard area and car parking within a self-contained site.
The offices comprise of a two-storey brick-built building fronting onto Greenwell Road.
Location
The subjects are located on Greenwell Road in the heart of East Tullos Industrial Estate. The property is located approximately 2 miles south of Aberdeen City Centre, and 1.5 miles from the Port of Aberdeen. The nearest Aberdeen Western Peripheral Route (AWPR) junction is located 2.8 miles to the south, providing seamless access to the West and North of Aberdeen. The property is located within the Energy Transition Zone (ETZ).
Surrounding occupiers include; Biffa Waste Management, Greenwell, Stenna Drilling, SUEZ, Subsea7, Arnold Clark and Stagecoach.
Accommodation
Reception - 21.18 sq m (228 sq ft)
Office Grd - 594.24 sq m (6,396 sq ft)
Office 1st - 471.85 sq m (5,079 sq ft)
Subtotal - 1,152.77 sq m (12,408 sq ft)
Warehouse 1 - 486.53 sq m (5,237 sq ft)
Warehouse 2 - 253.72 sq m (2,731 sq ft)
Subtotal - 740.25 sq m (7,968 sq ft)
Total - 1,893.02 sq m (20,376 sq ft)
Gross Yard - 3,204.75 sq m (34,496 sq ft)
Terms
Terms & Pricing - The property is held on a long-term ground lease expiry 27 May 2136 (c110 years remaining). The current passing rent is £39,500 p.a.
Our client is seeking to assign their leasehold interest, although consideration will also be given to sub-letting.
Offers are invited for the ground lease interest.
Sub-letting rental is £210,000 per annum.
Business Rates - The Rateable Value is £121,000 with effective from 1 April 2026.
Legal Costs - Each party will be responsible for paying their own legal costs incurred as a result of this transaction.
VAT - All prices quoted are exclusive of VAT, which will be charged at the prevailing rate.
EPC - An EPC is available on request.
Specification
- Eaves heights of 5.2 & 6.2 metres.
- Vehicular access via 3 x roller shutter doors.
- Reinforced concrete floor.
- Secure yard area.