Greenbank Rd 38,815 SF Specialty 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 |
| Price Per SF | £82.44 |
| Sale Type | Investment |
| Net Initial Yield | 9.02% |
| Tenure | Freehold |
| Property Type | Specialty |
| Property Subtype | Recycling Center |
| 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
1 of 1
