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Detached Industrial Unit, 21-23 Cotton Street, Aberdeen, AB11 5EG

6,070 Sq Ft / Industrial / General Industrial

For Sale - £140,000.00

To Let - £30,000.00 per annum

Available - Last updated: 13 January 2022

The subjects comprise a detached workshop with integral two storey ancillary offices and associated secure concrete yard. The unit is of steel portal construction with concrete block walls, concrete floor with a pitched roof incorporating translucent panels. Artificial lighting is provided by hi-bay sodium lights and heating by way of a gas-fired blower heater. Three phase power is available. Vehicular access is via an electric metal roller door with eaves height approximately 4.5m high. A mezzanine, accessible by a fixed steel stair provides additional storage space.

The two storey office accommodation provides for cellular offices, along with kitchen and toilet facilities. The offices benefit from painted walls and ceilings, with lighting by way of strip fluorescent lighting and heating by way of gas central heating.

Externally to the front and side of the property, there is secure concrete surfaced yard as well as dedicated car parking.
( Agency Pilot Software Ref: 46013 )

Location

The subjects are located on the East side of Cotton Street, located within the central harbour area of Aberdeen, approximately one mile from Aberdeen City Centre. The subjects benefit from excellent road links, with easy access to Aberdeen’s inner ring road and A90. Nearby occupiers include Scarf, Halliburton, CEF and Intermoor. An exact location of the property is highlighted on the plan overleaf.

Accommodation

Workshop 284.90sq m ( 3,067sq ft)

Mezzanine 128.44sq m ( 1,382sq ft )

Office 150.62 sq m (1,621 sq ft )

Total 563.96sq m ( 6,070 sq ft )

Terms

RATING The premises are currently entered in the Valuation Roll with a Rateable Value of £33,500 effective from 1 April 2017. The Rate Poundage for 2019/20 is £0.49.

TENURE The property is held by way of ground lease payable until 17th February 2079 to Aberdeen City Council at a current passing rent of £6,800 per annum. There is an outstanding rent review from 15th May 2015 and five yearly thereafter.

LEASE TERMS The subjects are available on the basis of a Full Repairing and Insuring lease on terms to be agreed. Any medium or long term lease will incorporate periodic rent reviews. Short term leases will be considered.

RENT £30,000 per annum exc.

PRICE Offers in the region of £140,000 exc. are sought for the benefit of the leasehold interest in the property. V.A.T All prices, rents and premiums quoted are exclusive of any VAT that may be applicable.

ENERGY PERFORMANCE CERTIFICATE (EPC) The subjects have an EPC Rating of ‘D’.

Specification

• GIA – 563.96 sq.m (6,070 sq.ft) approx.
• Site area – 0.08 Hectares (0.21 Acres) approx.
• Competitive rent
• City Centre location
• Excellent transport links

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £140,000.00 NA
  To Let £30,000.00 per annum

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Contact agents

Chris Ion

Graham + Sibbald

01224 516 347



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