Harbourside Five Building Complex with Extensive Car Parking
Close to City Centre, Union Square Shopping Centre and Railway and Bus Stations
Redevelopment Opportunities (Subject to Planning)
Active Asset Management Opportunities through letting vacant space
Neighbouring occupiers include Trubhor Engineering, Halliburton and City Electrical Factors, together with a mix of office, workshop and café occupiers
Harbourside Five Building Complex with Extensive Car Parking
Close to City Centre, Union Square Shopping Centre and Railway and Bus Stations
Redevelopment Opportunities (Subject to Planning)
Active Asset Management Opportunities through letting vacant space
Neighbouring occupiers include Trubhor Engineering, Halliburton and City Electrical Factors, together with a mix of office, workshop and café occupiers
Lot 22
Auction 2nd November 2023
Rent £443,528 per Annum (Gross)
Status Sold
Price £1,325,000
Sector Office
Auction Venue Live Streamed Auction
On Behalf of Administrators
Property Information
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and Scotrail) (0.5 miles west)
Air
Aberdeen International Airport (6.5 miles west)
Situation
The property is situated on the north side of Waterloo Quay, close to its junction with Commerce Street, opposite Aberdeen Harbour. It has good accessibility with direct access onto the A956, which in turn provides access to A92 South and A96. Waterloo Quay is within a 15 minute walk of Aberdeen City Centre bus and rail stations with Beach Boulevard Retail Park in close proximity, to the north.
Tenure
Heritable. Scottish Equivalent of English Freehold. The Church Street surface car park is held Long Leasehold.
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and Scotrail) (0.5 miles west)
Air
Aberdeen International Airport (6.5 miles west)
Situation
The property is situated on the north side of Waterloo Quay, close to its junction with Commerce Street, opposite Aberdeen Harbour. It has good accessibility with direct access onto the A956, which in turn provides access to A92 South and A96. Waterloo Quay is within a 15 minute walk of Aberdeen City Centre bus and rail stations with Beach Boulevard Retail Park in close proximity, to the north.
Tenure
Heritable. Scottish Equivalent of English Freehold. The Church Street surface car park is held Long Leasehold.
Description
Waterloo Quay comprises a series of former harbourside warehouse buildings that have been redeveloped to form office, storage, light industrial and leisure space (gym/squash courts). Waterloo Quay comprises Provender, Nautilus, Ocean Spirit and Voyager Houses and The Courtyard. The majority of the accommodation fronts onto Aberdeen Harbour and is let to a variety of occupiers in sectors including energy, healthcare and training with a total approximate floor area of 6,946.29 sq. m. (74,888 sq. ft.). There are extensive car parking facilities at Lime Street Multi-Storey car park and at Church Street (held long leasehold) which are included within the demise.
The property is let to numerous tenants and a full tenancy schedule is available within the legal pack.
In addition, there are currently vacant areas within the property providing opportunities to increase future rental income.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will begiven in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Administrators are acting without personal liability. The Administrators are not bound to accept the highest or any offer.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
Waterloo Quay comprises a series of former harbourside warehouse buildings that have been redeveloped to form office, storage, light industrial and leisure space (gym/squash courts). Waterloo Quay comprises Provender, Nautilus, Ocean Spirit and Voyager Houses and The Courtyard. The majority of the accommodation fronts onto Aberdeen Harbour and is let to a variety of occupiers in sectors including energy, healthcare and training with a total approximate floor area of 6,946.29 sq. m. (74,888 sq. ft.). There are extensive car parking facilities at Lime Street Multi-Storey car park and at Church Street (held long leasehold) which are included within the demise.
The property is let to numerous tenants and a full tenancy schedule is available within the legal pack.
In addition, there are currently vacant areas within the property providing opportunities to increase future rental income.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will begiven in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Administrators are acting without personal liability. The Administrators are not bound to accept the highest or any offer.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Address
Total Approximate Floor Area sq. m.
Total Approximate Floor Area sq. ft.
Voyager House
884.62
(9,522)
Nautilus House
1,422.30
(15,428)
Courtyard
1,567.73
(16,875)
Ocean Spirit House
1,639.36
(17,646)
Provender House
1,432.28
(15,417)
Total
6,946.29
(74,888)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
