The pavilions comprise two detached two storey office buildings situated within a three-pavilion development of steel portal frame construction with modern cladding externally, facing brick front elevation under a pitched clad roof. Internally, both pavilions have a modern specification which largely includes open plan office accommodation which has been sub-divided to suit each tenants requirements.
( Agency Pilot Software ref: 54734 )
Location
Aberdeen is Scotland’s third largest city with a population of approximately 220 ,000 and a regional catchment population of over 500 ,000 . Its status as the Energy Capital of Europe has been established for over 40 years and this is set to continue with a new wave of investment into all types of renewable energy utilising its skilled workforce and onshore/offshore infrastructure
Accommodation
Geoactive Limit 5,301 sqft
Vysus ModuSpec (UK) Ltd Area (5,362 sqft
Terms
EPC Pavillion 2has an EPC rating of D Pavilion 3 has an EPC rating of D Further details are available on request
VAT The property has been elected for VAT and it is anticipated that the sale will be treated as a Transfer of Going Concern.
PROPOSAL Offers over £1,150,000 excluding VAT are sought for our client’s heritable interest in the buildings. A purchase at this leve l would show a net initial yield of 11.51% after deduction of standard purchaser’s cost and LBTT. Offers for the individual buildings will be considered.
ANTI MONEY LAUNDERING To comply with Anti-Money Laundering Regulations, we are legally required to undertake due diligence on prospective purchasers which will at the minimum include proof of identity/address and funding . Applicable documentation will therefore be required on agreement of Heads Of Terms .
LEGAL COSTS Each party will be responsible for their own legal costs in connection with the transaction with the purchaser liable for LBTT and registration dues in the normal manner
Specification
- Suspended tiled ceilings
- LED lighting
- Comfort cooling
- Raised access floors
- Toilets on both floors
- Kitchens on ground floors (Pavilion 3 also has a tea prep on the first floor)20 dedicated car parking
- spaces per pavilion
- Pavilion 3 has two double EV chargers