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Industrial unit for sale

£2,900,000 48,768 sq ft

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Contacts

Graham Waddell - Singer Vielle Scotland

James Morrison - J & E Shepherd

Full address
Wellington Rd, Aberdeen AB12 3AS – Aberdeen
Property owner
Waterhill Property Group Ltd
Property type
Industrial unit for sale
Asking price
£2,900,000
Available space range
There is 1 space available. This measures 48,768 sq ft.
Features
Security System, Roller Shutters
Brochure
Download the brochure

Sale details

Sale unit 3827782 Available

48,768 sq ft, £59.47 per sq ft

Unit Sale unit 3827782
Address Wellington Rd, Aberdeen, Aberdeen City, AB12 3AS, GB
Size 48,768 sq ft
Price £2,900,000
Price per unit £59.47 per sq ft
Unit Sale unit 3827782
Address Wellington Rd, Aberdeen, Aberdeen City, AB12 3AS, GB
Size 48,768 sq ft
Price £2,900,000
Price per unit £59.47 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 8.91%
Financial type Actual
Financial year 2018
Net operating income £258,390

Sale notes

  • 15 years unexpired lease term (no breaks) established tenant who has been in occupation for over 40 years rpi linked rent review in june 2020 tenant has recently extended their lease, demonstrating their commitment to the property within an area of car showrooms and modern commercial developments one of the only freehold sites on the west tullos estate £2,900,000, subject to contract 8.91% net initial yield 9.87% anticipated reversionary yield in june 2020 capital value of £62 per sq ft.

Property description

Building subtype
Warehouse
Number of storeys
2
Rentable building area
48,768 sq ft
Year built
1980

Attachments

PDF #1 Marketing brochure/flyer Download

This industrial unit for sale is located in Aberdeen.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Singer Vielle Scotland. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Singer Vielle Scotland for full details and further information.