The subjects comprise of a modern detached steel portal frame construction industrial unit which comprises of office and workshop accommodation with a secure yard. The workshop has blockwork walls to dado height which have been rendered externally and thereafter clad in profile meeting sheeting. The roof over is pitched and similarly clad and incorporates a number of translucent roof panels. Internally, the flooring is of a concrete finish with the walls and ceiling being to the inside face of the blockwork and profile metal sheeting respectively. A mezzanine level has been introduced adjacent to the office accommodation and provides additional storage along with access to the first floor office accommodation. Furthermore the workshop has an eaves height of approximately 6.8 metres. 3 phase power and benefits from 2 electric operated roller shutter doors along with a 5 tonne overhead crane. The office accommodation is over two storeys and is located at the front of the building. The space is laid out to provide open plan and private office accommodation on both the ground and first floor which can be accessed via a fixed stair or lift. The property benefits from having male and female toilet facilities along with a kitchen on both floors. The kitchen areas have wall and floor mounted units with stainless steel sinks and drainers. Internally, the flooring has been finished with carpet tiles whilst the walls are lined in plasterboard and have been painted. The ceiling is of a suspended tile design incorporating LG7 lighting. Space heating within this area is provided by wall mounted steel radiators.
Location
The subjects are located within a recent extension to the well established Altens Industrial Estate and considered to be one of the primary locations within the city for commercial and industrial users. Altens lies just a short distance south of Aberdeen and benefits from excellent accessibility to the city’s local road network, and in particular to the A90 dual carriageway. Peterseat Drive is located to the south east periphery of the original Estate and is entered via Minto Avenue with the building itself lying on the north side.
Accommodation
The subjects provide the following accommodation:-
Workshop - 985.96 sq m - 10,613 sq ft
Office - 76.52 sq m (4,053 sq ft)
Mezzanine - 62.10 sq m (668 sq ft)
The above mentioned floor areas have been calculated on a gross internal area basis in accordance with the Code of Measuring Practice (Sixth Edition) as prepared by the RICS.
Terms
YARD: The subjects benefit from a secure yard, which we have calculated from online software and is approximately 2,750m2 (29,600ft2).
LEASE TERMS: Our client’s intention is to assign their leasehold interest in the subjects, however consideration will be given to a sublease. The lease commenced on the 15th October 2008 for a period of 15 years with the current passing rental being £231,860 per annum. The lease is subject to 5 yearly upward rent review provisions, with the next review being due in October 2018 and full lease documentation can be provided to interested parties upon request.
RATEABLE VALUE: The subjects are currently entered in the Valuation Roll at a Rateable Value of £157,000. We would point out that an incoming occupier would have the opportunity to appeal this Rateable Value. VAT: All figures quoted are exclusive of VAT at the prevailing rate.
ENERGY PERFORMANCE CERTIFICATE: Further information and a recommendation report is available to seriously interested parties upon request.