The development comprises of two individual two storey modern office buildings of steel portal frame construction with powder coated cladding, double glazed windows and profiled metal sheeting to the roof.
The available accommodation is comprised of a number of fully refurbished open plan suites finished to a high standard. The specification includes carpet tiled concrete floors, suspended ceilings incorporating inset diffused lighting, perimeter panel radiators and perimeter data and power trunking.
Units 1/1A are currently fitted out for use as a training facility comprising a number of training rooms that feature high quality magnetised ‘white board’ curtain wall partitioning.
The development benefits from a large private car park consisting of 101 car parking spaces.
A show suite is under development to highlight the quality of the accommodation available within the Altec Centre.
Location
Altec 1 & 2 are situated within Altens Industrial Estate, which is generally regarded as one of Aberdeen’s foremost industrial locations. Altens is located closely to the city centre (circa 2 miles), Aberdeen harbour, and has strong transport links to the city’s main arterial routes including the A90 and Aberdeen Western Peripheral Route (AWPR). The site also benefits from lying adjacent with the residential suburb of Cove Bay, giving access to a range of amenities. Surrounding occupiers to Altec 1 and Altec 2 include Peterson, Tenaris Global Services and John Lewis, all located in close proximity.
Altens hosts a diverse range of light and heavy industrial facilities as well as office accommodation, allowing it to play an important role in supporting Aberdeen’s traditional economies, in addition to the emerging renewable, financial service, and business service sector economies, which already account for more than 25% of the total employment within city. Furthermore, as Aberdeen seeks become the ‘Net Zero Carbon Capital of Europe’, well placed and accessible locations such as Altens will play a key role in achieving this goal.
Altec 1 & 2 are situated in a prominent position within Altens, on the corner of Minto Avenue and Minto Drive, directly opposite the North East Scotland College – Altens Campus. The positioning of Altec 1 and Altec 2 allow it to capitalise on the cities established and emerging markets, and the cities strong links to further research, factors which have resulted in the surrounding industrial area being classed as a Primary Location in the city’s wider context. Currently, Altens is home to over 200 diverse occupiers over its 475 acres, with the most recent census highlighting the strength of the areas reach, with Aberdeen hosting a low unemployment rate of 2.3% the lowest in Scotland and in the bottom percentile across the UK.
Accommodation
The following areas have been calculated on a Net Internal Basis in accordance with the RICS Code of Measuring Practice (Sixth Edition):
Unit 1 - 186.73 sq m (2,010 sq ft)
Unit 1A - 187.19 sq m (2,015 sq ft)
Unit 2 / 2A - Let to ADT Fire & Security PLC
Unit 3 - 241.73 sq m (2,602 sq ft)
Unit 3A - 241.63 sq m (2,598 sq ft)
Unit 4 - Let to GCU UK Ltd
Unit 4A - 186.18 sq m (2,004 sq ft)
Unit 5 / 5A - Let to CR Encapsulation Ltd
Unit 6 -94.11 sq m (1,013 sq ft)
Unit 6A - 94.95 sq m (1,022 sq ft)
Unit 7 -94.11 sq m (1,012 sq ft)
Unit 7A - 94.48 sq m (1,017 sq ft)
TOTAL - 1,421.11 sq m (15,297 sq m)
Suites in the development are available individually or in combination.
Terms
SERVICE CHARGE - A service charge will be payable for the upkeep and maintenance of the internal and external common part of the building. Details of the service charge can be provided upon request.
PROPOSAL - The suites are available to let on fully flexible terms either furnished or unfurnished.
RENT - £10 per sq ft
RATING ASSESSMENT - The property is currently listed within the Valuation Roll as having a rateable value of:
Unit 1/1A - 51,500
Unit 3 - £33,250
Unit 3A - £33,250
Unit 4A - £25,750
Unit 6 - £12,750
Unit 6A - £12,750
Unit 7 - £12,750
Unit 7A - £12,750
The Uniform Business Rate for the year 2021/2022 is 49p in the £. Water and waste water rates are also payable.
The car parking allocation has a Rateable Value of £250 per car parking space.
The suites are understood to be eligible for Fresh Start Relief which can provide 100% rates relief for up to 12 months following occupation of a vacant suite.
EPC:
Unit 1 -E (68)
Unit 3 - E (68)
Unit 4 - E (64)
Unit 6 - E (60)
Unit 7 - E (78)
VAT - All prices quoted in this schedule are exclusive of VAT.
LEGAL COSTS - Each party will be responsible for their own legal costs. Any ingoing tenant/occupier will be responsible for the payment of LBTT and registration dues.
Specification
- SUITES AVAILABLE FROM 94 SQ M (1,012 SQ FT)
- COMPETITIVE RENT
- POPULAR & ESTABLISHED COMMERCIAL LOCATION
- DESIGNATED CAR PARKING
- FLEXIBLE TERMS