Page 7 - Shepherd Auction Catalogue September 2022

Industrial Investment at Hillview Road, East Tullos Industrial Estate, Aberdeen AB12 3HB
Lot 2 Industrial Investment
Features:
• Part let industrial investment
• Total size 1,877.62 sqm (20,210 sq ft) • Site area approximately 0.68 acres
Accommodation:
A series of workshop buildings with secure yard provisions, plus car parking.
Unit 1/2. 375.44 sqm (4,041 sq ft) - Open plan with a painted solid concrete floor and painted blockwork walls. To the front is a reception, and adjacent is a meeting room. Also accommodating a W.C.
Workshop below Unit 1/2. 373.40 sqm (4,019 sq ft) - Open plan workshop with office space. The workshop has a solid concrete floor, painted blockwork walls and strip lights. Offices are carpeted, with painted and plasterboard lined walls and ceilings.
Formly used as MSK Unit. 132.68 sqm (1,438 sq ft) - Provides a physiotherapy clinic with reception, and treatment rooms. The reception has a tiled floor, painted plasterboard walls and ceilings, and spotlighting. The treatment rooms are similarly finished. WC’s are to the rear.
Print Workshop. 996.10 sqm (10,722 sq ft) - Open plan lay out. The main area has painted solid concrete floor, painted plasterboard lined walls and a ceiling grid over inbuilt lighting. Adjacent to the workshop are offices. Accessible from the workshop is the canteen and WCs.
A small storage area - Separate access is available.
Location:
Located within Aberdeen, which has a population of around 228,000. Situated in East Tullos Industrial Estate, on the east side of Hillview road, at its junction with Greenbank Place. The area is predominantly industrial in nature and surrounding occupiers include Stagecoach, Kia Motors and Aberdeen Blast Services. Sirect access to Wellington Road, which provides immediate entry to the AWPR. Wellington Road also links directly to Aberdeen city centre. The subjects are in a commutable location from all directions.
Rental income:
Unit 1/2 - Aberdeen Audio Visual - £10,800pa. See legal pack for further information.
*Guide Price £275,000+ (plus fees)
*Please see Buyer’s Terms for definition of guide price and auction fees
Tenure: See Legal Pack
Energy Efficiency Rating: D, D, E, D, G
Ground Lease:
Subject to a ground lease which was granted on the 30th September 1970 for a period of 99 years. There is an outstanding rent review from 15th May 2016 and 15th May 2021 however the proposed rental for the 2016 review is £19,750pa.
Rateable Value:
The Former MSK unit is currently entered in the Valuation Roll at a Rateable Value of £9,200. The remaining site is currently entered in the Valuation Roll as part of a larger entry and will require to be reassessed upon occupation.
Viewing:
Viewings by arrangement with Shepherd Commercial Property Auctions -Tel: 01224 202800 Email: j.morrison@shepherd.co.uk
Auction Type: Unconditional Sale. The buyers fee is 2% plus VAT (2.4% including VAT)
Next Auction: 28th May 2020 | 7