Marywell Commercial Park 10 Properties Offered at £10,500,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Industrial & storage land
- Direct access from the A92, linking the central and eastern belt of Scotland with Aberdeen
- Established neighbouring industrial estates of Gateway Business Park and Badentoy nearby
- Prominent commercial location on the outskirts of Aberdeen
- Marywell Commercial Park is 1.5 miles south of the AWPR Charleston Junction
- Total site area extends to 13.48 acres
EXECUTIVE SUMMARY
Agents are instructed to seek offers in excess of £10,500,000 (TEN MILLION, FIVE HUNDRED THOUSAND POUNDS STERLING) exclusive of VAT. A purchase at this level would reflect an attractive Net Initial Yield of 9.60% assuming purchaser’s costs of 6.69%.
Marywell Commercial Park is strategically located 5 miles south of Aberdeen City Centre between Cove and Portlethen. The site allows for easy access to the A90 Aberdeen to Dundee Trunk Road. The site is located just 1.5 miles from Charleston Junction of the Aberdeen Western Peripheral Route. Occupiers of Marywell Commercial Park include: John Clark Motors, West End Glazing, Keyline, Halul Offshore, Gulstream International, GS Haulage, International Tubular Services and Nationwide Platforms.
Marywell Commercial Park is strategically located 5 miles south of Aberdeen City Centre between Cove and Portlethen. The site allows for easy access to the A90 Aberdeen to Dundee Trunk Road. The site is located just 1.5 miles from Charleston Junction of the Aberdeen Western Peripheral Route. Occupiers of Marywell Commercial Park include: John Clark Motors, West End Glazing, Keyline, Halul Offshore, Gulstream International, GS Haulage, International Tubular Services and Nationwide Platforms.
PROPERTY FACTS
| Price | £10,500,000 |
| Price / SF | £155.92 / SF |
| Net Initial Yield | 9.60% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 10 |
| Individually For Sale | 0 |
| Total Building Size | 67,343 SF |
| Total Land Area | 9.75 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Units 3/3A-4
Marywell Park Homes, Aberdeen AB12 4LQ |
Industrial | 9,531 SF | 1960 | - |
|
Unit 5 & Bays
Marywell, Portlethen AB12 4SB |
Industrial | 12,583 SF | 1999 | - |
|
Units 7/8
8 Marywell Commercial Park, Aberdeen AB11 5PH |
Industrial | 16,975 SF | 1999 | - |
|
Unit 6A-6B
6B Marywell Commercial Park, Aberdeen AB11 5PH |
Industrial | 12,400 SF | 2021 | - |
|
Yard H
Marywell, Portlethen AB12 4SB |
Land | 1.00 AC | - | - |
|
Units 1-2
2 Marywell Commercial Park, Aberdeen AB11 5PH |
Industrial | 13,456 SF | 2005 | - |
|
Yard G
Marywell Commercial Park, Portlethen AB12 4SB |
Land | 2.00 AC | - | - |
|
Yards D, E, F
Marywell Commercial Park, Portlethen AB12 4SB |
Land | 3.03 AC | - | - |
|
Site Office
Marywell Commercial Park, Aberdeen AB11 5PH |
Office | 2,398 SF | 2005 | - |
|
Main Gate
Marywell Commercial Park, Portlethen AB12 4SB |
Land | 0.04 AC | - | - |
