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Former Paper Mill/Development Opportunity, Stoneywood Mill, Stoneywood Terrace, Stoneywood, Aberdeen, AB21 9AB

764,643 Sq Ft / Industrial / General Industrial

For Sale

Available - Last updated: 07 September 2023

Description

The property comprises a historic paper mill that was originally opened in 1770.

It has been extended over the 19th and 20th century to provide a mix of more modern steel portal frame buildings working in conjunction with the traditional buildings.

The site extends to approximately 75.16 acres (30.42 hectares).

The buildings extend to an aggregate Gross Internal Area of 764,643 sq ft (71,038 sq m).

The eastmost boundary of the site comprises the River Don and there is a lade, which runs through the lower part of the site.

It is understood that the site has fishing rights on the River Don.

The site also includes the Mill Pond to the north and south ends of the site.

Key Features

Historic Paper Mill
Development opportunity
Mix of modern steel portal frame and traditional buildings
Site extends to 75.16 acres
Mill Pond to the north of the site
On the banks of the River Don

Location

Aberdeen is located in the north east coast of Scotland, approximately 126 miles north of Edinburgh and 145 miles north east of Glasgow with a population of 184,800.

Aberdeen has the benefit of a good road network with the A90 which runs south to Dundee and connects into the M90 motorway at Perth.

The city is also served by the A93 and A96 which leads north west to Inverness.

Aberdeen is served by main line railway station and Aberdeen Airport is situated 2.1 miles to the north west.

The subject property is situated in the Stonewood area of Aberdeen, approximately four miles north west of the city centre.

Stoneywood is adjacent to Dyce approximately one mile to the north west of the subject.

Dyce is the location of Aberdeen's International Airport, and as such is a hub for Industrial and Logistics.

In the direct vicinity of the subject property, land use is predominantly residential to the west and agricultural to the east.

EPC Rating

Ratings on the building on site range from C - G.

A copy of the EPC certificates can be provided upon request.

Rateable Value

According to the Scottish Assessors website, the property has a current Rateable Value of £1,150,000.

Planning

The site is identified within the adopted Aberdeen Local Development Plan 2023 for Business & Industry (B1), namely Use Classes 4 (Business), 5 (General Industrial) and 6 (Storage and Distribution).

Tenure

Offers are invited for our client's heritable interest in the property.

VAT

Unless otherwise stated all prices and rents are quoted exclusive of VAT.

Legal Costs

Each party will be responsible for their own legal costs incurred in connection with this transaction.

For the avoidance of doubt any purchaser will be responsible for Land and Buildings Transaction Tax registration dues and any VAT payable thereon.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold NA NA

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Contact agents

Lewis Pentland

Colliers

0131 610 0323

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