Links Street
Aberdeen, AB11 5EXSold
Size: 901.16 sq.m (9,700 sq.ft)
Type: Investment
Location: Aberdeen City
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Highlights
- Multi-let starter unit industrial estate
- Diverse range of trade occupiers
- Total accommodation of 9,700 sq ft (901.13 sq m)
- Immediate asset management opportunities
- Easily accessible city centre location
- Strong letting history
- Passing rental of £67,188 per annum
- Offers in excess of £800,000 exc VAT, reflecting a net initial yield of 7.97%, after purchaser's costs with a potential reversionary yield to 12.90%
Overview
The subjects comprise two terraces of multilet industrial units each of steel portal frame construction with concrete block walls, harled externally, together with a profiled aluminium clad pitched roof. The units are accessed via a steel roller shutter door and a pedestrian door. There is car parking and access forecourt to the front of the units.
Internally the units provides warehouse space together with a single office, toilet and tea prep area. Finishes throughout include a painted concrete floor, painted plaster walls and ceiling in the office with low bay lighting in the warehouse and strip fluorescent lighting in the office. There is electric panel heating and the units have a gas supply.