Dyce 5.3m, Aberdeen 6.8m, Portlethen 8.2m
Offers in the region of £725,000 are invited reflecting a net initial yield of 9.83%
The property is held by way of a Full Repairing and Insuring lease until 31 May 2024 with a tenant only break option on 31 May 2021, subject to 6 months notice and a three month break penalty. There is a schedule of condition attached to the lease and the rent is £75,000 p.a.
|Floor / Demise||Tenant||NIA (sq ft)||Rent (p.a.)||Start date||Expiry date||Break option|
|15 Abercrombie Court||Enpro Subsea Limited||5,190||£75,000||31/05/2018||30/05/2024||30/05/2021|
Enpro Subsea are production optimization specialists delivering first oil faster and increases the ultimate recovery from subsea wells by integrating current and future technologies with subsea hardware. The company has been trading for 7 years and has a Dun and Bradstreet Delinquency ratio of 97, reflecting a low risk of delinquency. The Company has a tangible net worth of £3,867,159
|Tenant||Net current assets||D&B rating|
|Enpro Subsea Limited||£7,979,177||2A2|
Strictly through the sole selling agents to whom all offers should be made in Scottish Legal Form.
Each party will bear their own legal fees in documenting the transaction.
Payable at the prevailing rate in addition to the purchase price.