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Wellington Cir 1,414 - 1,859 SF Condo Units Offered at $269,242 Per Unit in Aberdeen AB12 3JG
Investment Highlights
- Prime Location: End terrace unit within well-established estate
- Generous central forecourt providing parking and servicing access
- Modern Unit: High-quality industrial unit built c. 20 years ago
Executive Summary
The property comprises an end-terrace industrial unit within a development of 10 units of varying sizes, constructed approximately 20 years ago. The unit is of steel portal frame construction with a concrete floor, blockwork and profiled metal walls, all under a monopitched profiled metal roof. The units benefit from a three phase power supply. Wellington Business Park is located within Altens, which is one of Aberdeen’s longest established and popular industrial locations situated approximately 2 miles south of the city centre. The Business Park is located on Wellington Circle and is directly accessed from Wellington Road, the A956, which leads north to Aberdeen City Centre, the harbour and railway station and south to the A90 trunk road, AWPR and motor network beyond. Unit 5 occupies an end terrace unit within the Business Park. Nearby occupiers include: Balmoral Group, IKEA, Royal Mail, DHL, Tesla, Shirlaws, Makro, Puregym, Shell, Popeye’s, Starbucks and a variety of car showroom operators including Porsche, Mini and Audi.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 7.86% |
| Sale Type | Investment |
| Cap Rate | 7.86% |
| Tenure | Freehold |
The office accommodation is predominantly open plan and includes two small workrooms, a meeting room and staff welfare facilities. The tenant’s fit-out incorporates the complete office layout, with the exception of the suspended ceiling.
Offers in excess of £199,500, exclusive of VAT, for the heritable interest, reflecting an attractive net initial yield of 7.86%.
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 1,436 SF | Flex | $269,242 ($187.49/SF) | $21,162.39 |
| Unit 7B | 1,859 SF | Industrial | Upon Request | - |
| Unit 8 | 1,414 SF | Industrial | Upon Request | - |
Unit 5
| Unit Size |
| 1,436 SF |
| Condo Use |
| Flex |
| Price |
| $269,242 ($187.49/SF) |
| NOI |
| $21,162.39 |
Unit 7B
| Unit Size |
| 1,859 SF |
| Condo Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| - |
Unit 8
| Unit Size |
| 1,414 SF |
| Condo Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| - |
Unit 5
| Unit Size | 1,436 SF |
| Condo Use | Flex |
| Price | $269,242 ($187.49/SF) |
| NOI | $21,162.39 |
| Sale Type | Investment |
| Cap Rate | 7.86% |
| Tenure | Freehold |
| Description | |
| Internally, the unit has been fitted out to provide a combination of office and storage space. The storage area comprises a full-height workshop, while the remainder of the unit features a suspended ceiling. <br> <br> The office accommodation is predominantly open plan and includes two small workrooms, a meeting room and staff welfare facilities. The tenant’s fit-out incorporates the complete office layout, with the exception of the suspended ceiling.</li></ul> | |
| Sale Notes | |
| For Sale Modern Industrial Single-Let Investment<br> <br> Offers in excess of £199,500, exclusive of VAT, for the heritable interest, reflecting an attractive net initial yield of 7.86%.</li></ul> |
Unit 7B
| Unit Size | 1,859 SF |
| Condo Use | Industrial |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| Internally, Unit 7B benefits from an open plan single storey layout with a concrete floor, WC facilities and a kitchen / tea prep area to the rear of the unit.</li></ul> | |
| Sale Notes | |
| For Sale/Rent</li></ul> |
Unit 8
| Unit Size | 1,414 SF |
| Condo Use | Industrial |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| Unit 8 is of similar specification, while further benefiting from a dedicated open plan office / showroom at both ground and first floor level.</li></ul> | |
| Sale Notes | |
| For Sale/Rent</li></ul> |
Property Facts
| Total Building Size | 15,222 SF | Typical Floor Size | 13,172 SF |
| Property Type | Industrial | Year Built | 2010 |
| Property Subtype | Warehouse | Lot Size | 0.38 AC |
| Building Class | B | Parking Ratio | 0.19/1,000 SF |
| Floors | 2 |
| Total Building Size | 15,222 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 13,172 SF |
| Year Built | 2010 |
| Lot Size | 0.38 AC |
| Parking Ratio | 0.19/1,000 SF |
Amenities
- Storage Space
Utilities
- Lighting - Halogen
- Water - City
- Sewer - City
Presented by
Wellington Cir
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