Unit 3 A detached industrial unit and detached single storey office block together with car parking to the front and a large yard at the rear. The workshop is of brickwork and metal cladding construction beneath a pitched clad roof and concrete floor. The single storey office is of brickwork construction under a flat felt roof. The workshop is split into two with both benefitting from high bay lighting, gas hot air blowers, electric roller shutter doors and eaves heights of 4.5m approx. Ancillary offices and mezzanines are in situ.
Unit 4 A detached industrial unit with three storey offices, car parking to the front and concrete yard predominantly to the side of the workshop.
( Agency Pilot Software ref: 11500 )
Location
The property is located within Pitmedden Industrial Estate on the north side of Kirkton Avenue, close to its junction with Pitmedden Road in Dyce. Pitmedden Industrial Estate is located approximately 7 miles north-west of Aberdeen City Centre in what is widely recognised as one of the prime industrial areas serving the city. The properties are ideally situated to take advantage of the AWPR - Aberdeen Western Peripheral Route (A90) which has a junction 2 miles to the north of the subjects and A96 motorway network, as well as being within a mile of Dyce train station
Accommodation
Unit 3: 669 sq m (7,213 sq ft)
Unit 4: 1,910 sq m (20,561 sq ft)
Terms
Lease Terms: The Landlord is seeking to lease the building on a medium— long term lease. Any lease would provide for periodic upward only rent reviews.
Rent/Price: Upon Application. Ground Lease: The premises are held subject to a ground lease o the following terms: Unit 3/Site 3: Expires on 31 May 2120 at a current rent of £31,200 pa with the next 5 yearly rent review being on 1 July 2021. Unit 4/Site 4: Expires on 31 May 2120 at a current rent of £33,072 pa with the next 5 yearly rent review being on 1 July 2021.
Rateable Value: The new draft proposed Rateable Value of the subjects is £200,000 (formerly £223,000) effective from 1 April 2023. Please note this figure is draft and may be subject to change under the ongoing Rating Revaluation. This entry will need to be reassessed upon the completion of the refurbishment works and the actual value will depend upon whether the property is leased as a whole or is split. Further advice can be provided in this regard