The subjects occupy a largely rectangular shaped site with good road frontage onto Hareness Circle. The building comprises an extensively refurbished industrial facility with two storey offices, together with parking for 10 cars in a dedicated car park directly in front of the offices. There is a secure L-shaped yard running along the side and rear elevations of the building, which provides ample storage/laydown space and additional car parking provision.
( Agency Pilot Software ref: 11257 )
Location
Aberdeen is Scotland’s third largest city with a population of approximately 220,000 and a regional catchment population of over 500,000. The city has been established as the energy capital of Europe for over 40 years and is a key engine of the Scottish and UK economies. In recent times, the region has been transitioning itself into a global leader within the renewable energy sector with significant private and public investment being made and targeted at offshore and onshore wind, hydrogen, carbon capture, tidal and solar. Aside from energy, the city benefits from an international airport, an expanding international harbour, two distinguished Universities, seven major Research Institutes, together with world renowned Food, Fisheries and Agricultural Research Establishments. Additional industries including digital technology, life sciences and tourism are all growing in importance in the area.
Accommodation
industrial facility extending to 1,282 sq. m (13,804 sq. ft).
Terms
TENURE Heritable (Scottish equivalent of Freehold).
TENANCY DETAILS The property is leased on FRI terms (subject to a Schedule of Condition) to Peterson Freight Management Ltd from 26 August 2023 until 25 August 2033. There is a break option on the fifth anniversary of the lease (26 August 2028). There is an open market rent review in August 2028 in the event the break option is not exercised.
ENERGY PERFOMRANCE CERTIFICATE (EPC) The property has an EPC Rating of B.
VAT The property has been elected for VAT and therefore VAT will be applicable on the purchase price, however, it is anticipated that the sale will be treated by way of a Transfer of a Going Concern (TOGC).
ANTI-MONEY LAUNDERING REGULATIONS To comply with the current anti-money laundering regulations, the agents acting on both sides of any qualifying transaction are required to undertake appropriate due diligence in advance of the transaction, including identifying and verifying all relevant parties and establishing the source(s) and legitimacy of funding. Both parties will be required to disclose all relevant information prior to conclusion of missives required to enable the agents to meet their respective obligations under the Regulations.
Specification
• Steel portal frame construction
• Insulated cladding to walls/roof
• Clear internal height of 6m
• 2 x roller shutter doors
• 2 x gas fired industrial space heaters
• 3 phase power supply