The subjects comprise office and industrial premises that include a five storey office block and four separate industrial units which are positioned at either side of the office block and to the rear of the ground floor office.
The office block would appear to be constructed from a steel framework, clad externally with insulated metal panels. The roof over is flat and felt covered.
The office block benefits from lift access, double glazing and 16 car parking spaces. Internally each floor has an open plan layout and benefits from air conditioning. Kitchen and toilet facilities are provided on each floor.
The linked industrial units are constructed over single storey from a combination of concrete and steel framing, clad externally with painted and rendered dado brick & block walling, with insulated profile metal sheeting. The roof sections are pitched and clad with firbre cement sheeting incorporating translucent panels with the exception of Unit 1 to the east which has reinforced concrete deck finished in asphalt and comprises the car park for the adjoining office block. Vehicular access to the units is by roller shutter doors. The units have eaves height of around 6m.
Location
The property is located within Aberdeen, Scotland’s third largest city. Aberdeen has a population of approximately 240,000.
More specifically, the subjects are located on the south side of Crombie Road close to its junction with Mansfield Road within the Torry area of Aberdeen. Torry is approximately 2 miles to the south of the city centre. Nearby occupiers include Churchill Drilling Tools, King Foods and OASIS Group.
Accommodation
The property provides the following accommodation measured in accordancewith RICS Code of Measuring Practice (6th Edition)
Office Block
Ground Floor - 44,87 sq m (483 sq ft)
First Floor - 252.93 sq m (2,723 sq ft)
Second Floor - 252.93 sq m (2,723 sq ft)
Third Floor - 252.93 sq m (2,723 sq ft)
Fourth Floor - 252.93 sq m (2,723 sq ft)
Total (NIA) - 1,056.59 sq m (11,373 sq ft)
Industrial Units
Unit 1
Workshop 684.60 sq m (7,369 sq ft)
Mezzanine 44.87 sq m (483 sq ft)
Unit 2
Workshop 410.48 sq m (4,418 sq ft)
Mezzanine 410.48 sq m (4,418 sq ft)
Unit 3
Workshop 410.48 sq m (4,418 sq ft)
Unit 4
Workshop 467.02 sq m (5,027 sq ft)
Total (GIA) 2,427.93 sq m (26,134 sq ft)
Terms
TENANCIES - Two telecommunication masts are located on the roof. Cornerstone Telecommunications Infrastructure Limited have leased space until 14th June 2022 at a passing rent of £10,500 per annum. The tenant can terminate the lease at any time on giving the landlord 6 months notice. A separate lease is in place to Hutchison 3G (UK) Limited and T-Mobile (UK) Limited until 31st December 2021 at a passing rent of £9,613.39 per annum.
RATING ASSESSMENT - We understand from the Scottish Assessors that the rateable value for the subjects from 1st April 2017 is
1st Floor Offices - £25,000
2nd Floor Offices - £25,000
3rd and 4th Floor Offices - £50,000
Workshops 1-4 - £147,000
The Uniform Business Rate for the year 2019/2020 is 51.6 p. Water and waste water charges are also payable.
PRICE - Offers are invited for our clients heritable interest in the subjects.
ENERGY PERFORMANCE CERTIFICATE - The property has an EPC Rating of TBC. Full documentation is available on request.
VAT - All prices quoted in this schedule are exclusive of VAT.
ENTRY - On conclusion of missives.
LEGAL COSTS - Each party will be responsible for their own legal costs incurred in the transaction. The purchaser will be responsible for payment of any LBTT and registration dues.
Specification
- Industrial GIA 2,427.93 sq m (26,134 sq ft)
- Office NIA1056.59 sq m (11,373 sq ft)
- Excellent transport links to the harbour, city centre and south of the city
- Short term rental income
- Offers invited