Greenbank Rd
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Greenbank Rd
38,815 SF Speciality Building Offered at £3,200,000 at a 9.02% Net Initial Yield in Aberdeen AB12 3BQ
Investment Highlights
- Site extends to circa 3.15 acres within the established East Tullos Industrial Estate. Low site density of 28%
- The site is accessed from Greenbank Road
- The property comprises a largely rectangular site comprising 3 industrial buildings
Executive Summary
The site comprises a mixture of industrial and office accommodation extending to 38,815 sq ft together with a large surfaced yard area. Let to Biffa Waste Services on a 35 year lease expiring 18th May 2035 (10.5 years unexpired). Offers are sought in excess of £3,200,000.
Property Facts
| Price | £3,200,000 | Building Class | C |
| Price Per SF | £82 | Lot Size | 3.08 AC |
| Sale Type | Investment | Building Size | 38,815 SF |
| Net Initial Yield | 9.02% | Number of Floors | 1 |
| Tenure | Freehold | Year Built | 1961 |
| Property Type | Speciality | Parking Ratio | 0.36/1,000 SF |
| Property Subtype | Recycling Centre |
| Price | £3,200,000 |
| Price Per SF | £82 |
| Sale Type | Investment |
| Net Initial Yield | 9.02% |
| Tenure | Freehold |
| Property Type | Speciality |
| Property Subtype | Recycling Centre |
| Building Class | C |
| Lot Size | 3.08 AC |
| Building Size | 38,815 SF |
| Number of Floors | 1 |
| Year Built | 1961 |
| Parking Ratio | 0.36/1,000 SF |
Amenities
- Signage
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Jamie Thain -
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Jamie Addison-Scott -
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Greenbank Rd
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