Substantial Warehouse and Office Building with On Site Car Parking
Close to City Centre, Aberdeen Harbour and Railway and Bus Stations
Industrial Location with positive levels of Occupancy
Neighbouring occupiers include Kenway Tyres, MKM Building supplies and Brandon Hire Station, together with a mix of office, workshop and café occupiers
Substantial Warehouse and Office Building with On Site Car Parking
Close to City Centre, Aberdeen Harbour and Railway and Bus Stations
Industrial Location with positive levels of Occupancy
Neighbouring occupiers include Kenway Tyres, MKM Building supplies and Brandon Hire Station, together with a mix of office, workshop and café occupiers
Lot 23
Auction 2nd November 2023
Rent £109,543 per Annum Exclusive
Status Sold
Price £635,000
Sector Industrial, Warehouse
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 west side of Commerce Street, midway between the A956 and Regent Quay and close to Aberdeen Harbour. It has direct access onto the A956, which in turn provides access to A92 South. Atlantic House is within walking distance of the city centre and all its amenities including the bus and rail stations, Union Square shopping and leisure centre and to the east Beach Boulevard Retail Park.
Tenure
Heritable. (Scottish Equivalent of English Freehold)
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 west side of Commerce Street, midway between the A956 and Regent Quay and close to Aberdeen Harbour. It has direct access onto the A956, which in turn provides access to A92 South. Atlantic House is within walking distance of the city centre and all its amenities including the bus and rail stations, Union Square shopping and leisure centre and to the east Beach Boulevard Retail Park.
Tenure
Heritable. (Scottish Equivalent of English Freehold)
Description
The property comprises a substantial warehouse, currently subdivided to provide for two warehouses, both with a roller shutter door, together with office accommodation on the part ground, first and second floors.
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 be given 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
The property comprises a substantial warehouse, currently subdivided to provide for two warehouses, both with a roller shutter door, together with office accommodation on the part ground, first and second floors.
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 be given 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
Unit
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
East Warehouse
Ground First
Warehouse Office
189.60 315.00
(2,040) (3,390)
TGT OILFIELD SERVICES UK LTD
1 year from 01/03/2023
£63,000
West Warehouse
Ground
Warehouse
387.50
(4,171)
FFOLKES OFFSHORE LTD
5 years from 13/11/2017 (Holding Over)
£30,000
Suite 1
Ground
Office
39.90
(430)
VIKING TRANSFERS
3 years from 01/01/2019 (Holding Over)
£5,756.64
Suite 2
Ground
Office
50.60
(544)
FFOLKES OFFSHIRE LTD
6 months from 01/01/2023 (Holding Over)
£8,000
Kitchen
Ground
Ancillary
28.40
(305)
(1)
2nd Floor Office
Second
Office
73.40
(790)
RESTRATA
5 years from 13/12/2022
£2,787
Additional Store
First
Storage
25.73
(277)
(2)
Total Approximate Floor Area
1,110.13
(11,947)
£109,543.64
(1) The ground floor kitchen/staff room is shared 63% to Ffolkes Offshore Ltd and 37% to Viking Transfers. (2) The first floor store is a common area for IT, servers, cctv and other utilities.
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.
