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Investment

Investment For Sale Aberdeen

PROPERTY ID: 142844

PROPERTY TYPE

Investment

STATUS

Available

SIZE

10,663 sq.ft

Key Features

Modern income producing office buildings
Let to Geoactive Limited and Vysus ModuSpec (UK) Ltd
Total passing rent of £140,000 per annum (reflecting low £13.13 per sq. ft)
Available together or separately
Heritable Interest (Scottish equivalent of English Freehold)
Offers over £1,150,000 exc. VAT reflecting a net initial yield of 11.51%

Property Details

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. The properties occupy a prominent position within the Arnhall Business Park, Westhill, a popular town, which is located approximately 7.5 miles west of Aberdeen and 6 miles south of Aberdeen International Airport. Arnhall Business Park is easily accessible from the A944 and the B9119, providing dual carriageway access to Aberdeen. The location also benefits from easy access to the Aberdeen Western Peripheral Route (AWPR) via the Kingswells Junction, improving connectivity to the north and south of the city. Major occupiers within the Arnhall Business Park include Boskalis, Proserv, Technip, Total Energies, Costco, Tesco, M&S Simply Food, Starbucks and McDonalds.

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. The Specification Can Be Summarised As Follows: 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

About the Agent

Graham & Sibbald-Aberdeen

See Agent's Other Properties

Investment Unit

£1,150,000 Freehold

Pavilions 2 & 3,Discovery Drive, Aberdeen, AB32 6FG
Investment - Available
10,663 sq ft
991 sqm
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