The property comprises a terrace of three units within a development of 10 industrial units of differing sizes built c. 20 years ago. The three units are built of steel monopitch frame construction with concrete floors, blockwork and profiled metal walls all under a monopitched profiled metal roof. The units benefit from three phase electrical supply.
There is a spacious central forecourt which provides space for parking and servicing. Unit 1 benefits from 8 dedicated car parking spaces and Units 2&3 benefit from 12 dedicated car parking spaces. There are also further communal estate visitor spaces in addition to the dedicated unit spaces
Location
Wellington Business Park is located within Altens, which is one of Aberdeen’s longest established and popular industrial locations situated approximately 2 miles south of the city centre. The Business Park is located on Wellington Circle and is directly accessed from Wellington Road, the A956, which leads north to Aberdeen City Centre, the harbour and railway station and south to the A90 trunk road, AWPR and motor network beyond. Units 1-3 are situated in a prominent position to the front of Wellington Business Park. Nearby occupiers include: Balmoral Group, IKEA, Royal Mail, DHL, Tesla, Shirlaws, IKEA, Makro, Puregym, Shell, Popeye’s, Starbucks and a variety of car showroom operators including Porsche, Mini and Audi
Accommodation
Unit 1 2,536 sqft
Units 2&3 6,192 sqft
Total 8,728 sqft
Terms
TENURE Heritable (Scottish Equivalent of Freehold).
TENANCIES The property is fully let to Hytorc (UNEX) Limited and PPG Architectural Coatings UK Limited. The property benefits from a weighted average unexpired lease term (WAULT) of 8 years and 4.56 years to breaks. The total contracted rent is £80,000 per annum.
SERVICE CHARGE The maintenance of the common areas is covered by a Deed of Conditions with day-to-day management undertaken by a professional property management company. The costs incurred are allocated to each tenant in line with standard practice.