The subjects consist of a brownfield site which would be suitable for open storage or potential redevelopment., subject to obtaining the necessary planning consents.
( Agency Pilot Software ref: 14783 )
Location
The subject site is located approximately 3 miles south of Aberdeen within the Altens Industrial Estate, Aberdeen’s premier industrial location. Aberdeen harbour is less than 2 miles north and the site benefits from excellent access onto the Aberdeen Western Peripheral Route (AWPR). The site is also located in the new Energy Transition Zone (www.etzltd.com). Occupiers in close proximity include; Shell, Weatherford, Wood Group, Maersk, Odfjell & Scania.
Accommodation
We understand the site extends to approximately 1.99 Acres ( 0.81 Hectares.) (1.99 ACRES)
Terms
GROUND LEASE The site as a whole is held on two separate ground leases; Ground lease 1 is held on a 99 year and 58 day lease from 1st April 1981 and expiring in 2080. The present rent is £23,565 per annum. The site itself otals 0.79 acres. Rent reviews are 5 yearly and the next rent review is in May 2026. Ground lease 2 is held on a 99 year and 61 day day lease from 28th March 1983 so expiring in 2082. The present rent is £35,750 per annum. The site itself totals 1.284 acres.
Rent reviews are 5 yearly and the next rent review is in November 2027. N.B. Any transactions will require the head Landlords consent.
RATEABLE VALUE The rateable value with effect from 1st April 2023 is £20,000.
SERVICES We understand that the site will be served by mains electricity, gas and water, with drainage assumed to be to the main sewer. The previous buildings on the site have recently been demolished.
LEASE TERMS Any medium to long term lease will be considered.
RENT Upon application.
SALE PRICE Our client is willing to listen to offers for their ground leasehold interest in the site.
LEGAL COSTS These don’t require any changes.
VAT All rents/prices quoted are to be exclusive of VAT
ENTRY Immediate, subject to the legal agreement and upon obtaining the head Landlords consent
Specification
- PRIME INDUSTRIAL DEVELOPMENT SITE
- SUITABLE FOR A VARIETY OF USES