The total site area of the subjects is approximately 21.16 hectares (52.28 acres). It has been developed in two separate phases to provide two large pipeyards, a stand-alone office building, two inspection sheds, a machine shed with two storey internal offices, a detached warehouse with two internal storey offices, a terrace of three basic stores and a partly enclosed swarf shed
Location
The subject site is located at the northern periphery of Fordoun. Fordoun itself lies approximately 4 miles to the north east of Laurencekirk and around 20 miles south of Aberdeen. The subject site lies adjacent to the A90 dual carriageway on its west side, and vehicular access is taken from the B966, which adjoins the A90 approximately 1 mile to the north east of the site.
Accommodation
6,816 SQ M (73,372 SQ FT)
Terms
LEASE TERMS The subjects are available on a new lease. Any medium to long term lease will provide for periodic rent reviews.
EPC Available upon request.
RATEABLE VALUE The subjects are currently entered in the Assessor’s Valuation Roll as having an RV of £488,000 effective from 01-APR-23. This is expected to rise to £500,000 effective from 01-APR-26. Each party will be responsible for their own legal costs incurred, with the ingoing tenant being responsible for any Land & Buildings Transactional Tax, recording dues and VAT as applicable.
ENTRY Immediate upon the conclusion of legal formalities.
ANTI-MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 requires the agents acting on both sides of any qualifying transaction to undertake appropriate due diligence in relation to, and in advance of, any such transaction, including identifying and verifying all relevant parties and establishing the source(s) and legitimacy of funding. Both parties will disclose all relevant information, prior to conclusion of missives/exchange, required to enable the agents to meet their respective obligations under the Regulations.
Specification
- MODERN INDUSTRIAL PREMISES
- AVAILABLE AS A WHOLE OR IN PART
- SUBSTANTIAL YARD
- OVERHEAD CRANES