Other For Sale, Aberdeen, Aberdeenshire

Other in Aberdeen
Other in Aberdeen
Other in Aberdeen

Property ID: 160628

POA

Royal Mail Delivery Depot & Yard, Cloverhill Road, Aberdeen, Aberdeenshire, AB23 8AA

Type Other
Status Available
Size 4,884 sq ft / 454 sq m

Key Features

  • Let to Royal Mail Group Ltd who have been in occupation since 1996.
  • Let at a rent of £44,000 per annum until 27th July 2036 (with tenant break options in July 2029 and 2032)
  • Offers over £450,000 exc VAT, reflecting a NIY of 9.38%
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Description

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 city has benefited from significant investment in its built environment in recent years. A second harbour port, the South Harbour, was completed in 2023 following a £420 million expansion project. This project was a strategically important part of Scotland's planning framework and is projected to have a long-term economic impact at both local and national levels.

Looking towards the city centre and public realm, there are key infrastructure projects underway as part
of the £150 million City Centre and Beach Masterplan. These include a new civic market building, Union Street streetscape upgrades, and beachfront regeneration.

The culmination of these projects is driving diversification of the economy and business growth in the
city, resulting in strengthened confidence in investment prospects in Aberdeen.

The Subjects Comprise A Modern Detached Industrial Unit Which Was Purpose Built For The Tenant In 1996. The Property Has A Steel Portal Frame Construction Surmounted By A Pitched Profile Metal Sheet Roof With Translucent Panels With Rendered Block And Profile Metal Sheet Walls.

Internally
Warehouse With Customer Reception, Office And Staff Welfare.
Modern Fit Out To Suit The Operations Of The Tenant.
Eaves Height Of 6.0 Metres Providing Amble Vertical Space For Storage And Operations.

Externally
The Sites Extends To 0.15 Hectares (0.363 Acres).
There Is A Secure Tarmac Yard / Car Park To The Front Of The Unit, Which
The Tenant Has Designated For 20 Parking Spaces.
There Is A Further Separate Customer Car Park That Comprises 9 Parking
Spaces
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Property ID: 160628

Other For Sale, Aberdeen, Aberdeenshire
POA

Royal Mail Delivery Depot & Yard, Cloverhill Road, Aberdeen, Aberdeenshire, AB23 8AA

Other|Available|4,884 sq ft / 454 sq m

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Graham & Sibbald-Aberdeen
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