Iron Mountain 25 Wellheads Ter 64,025 SF Industrial Building Aberdeen AB21 7GF £5,500,000 (£85.90/SF) 8.53% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Located within established industrial estate.
- Two storey office at front
- Roller shutter door access
EXECUTIVE SUMMARY
Offers in excess of £5,500,000 (Five Million Five Hundred Thousand Pounds), reflecting a Net Initial Yield of 8.53%, and a low capital value of £86 per sq ft.
Fully let to Iron Mountain (UK) Limited (D&B: 5A2), Lease expires 24th May 2030 (subject to break), Current passing rent of £500,000 per annum
Fully let to Iron Mountain (UK) Limited (D&B: 5A2), Lease expires 24th May 2030 (subject to break), Current passing rent of £500,000 per annum
PROPERTY FACTS
| Price | £5,500,000 |
| Price Per SF | £85.90 |
| Sale Type | Investment |
| Net Initial Yield | 8.53% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.61 AC |
| Rentable Building Area | 64,025 SF |
| Number of Floors | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 2 |
| Level Access Doors | 2 |
AMENITIES
- 24 Hour Access
UTILITIES
- Lighting
- Water - City
- Sewer - City
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