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Wellington Cir 1,414 - 1,859 sq ft Units Offered at £199,500 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
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.86% |
| Sale Type | Investment |
| Net Initial Yield | 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.
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.
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.
Sale Notes
For Sale Modern Industrial Single-Let Investment
Offers in excess of £199,500, exclusive of VAT, for the heritable interest, reflecting an attractive net initial yield of 7.86%.
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 Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| 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.
Sale Notes
For Sale/Rent
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| 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.
Sale Notes
For Sale/Rent
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 5 | 1,436 sq ft | Light Industrial | £199,500 (£138.93/sq ft) | £15,680.70 |
| Unit 7B | 1,859 sq ft | Industrial | Upon Request | - |
| Unit 8 | 1,414 sq ft | Industrial | Upon Request | - |
Unit 5
| Unit Size |
| 1,436 sq ft |
| Unit Use |
| Light Industrial |
| Price |
| £199,500 (£138.93/sq ft) |
| NOI |
| £15,680.70 |
Unit 7B
| Unit Size |
| 1,859 sq ft |
| Unit Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| - |
Unit 8
| Unit Size |
| 1,414 sq ft |
| Unit Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| - |
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Map
Unit 5
| Unit Size | 1,436 sq ft |
| Unit Use | Light Industrial |
| Price | £199,500 (£138.93/sq ft) |
| NOI | £15,680.70 |
| Sale Type | Investment |
| Net Initial Yield | 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> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 7B
| Unit Size | 1,859 sq ft |
| Unit Use | Industrial |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner Occupier |
| 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> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 8
| Unit Size | 1,414 sq ft |
| Unit Use | Industrial |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner Occupier |
| 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
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 15,222 sq ft | Typical Floor Size | 13,172 sq ft |
| Property Type | Industrial | Year Built | 2010 |
| Property Subtype | Warehouse | Total Plot Size | 0.38 ac |
| Costar Property Class | B | Parking Allocation | 0.19/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 15,222 sq ft |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 13,172 sq ft |
| Year Built | 2010 |
| Total Plot Size | 0.38 ac |
| Parking Allocation | 0.19/1,000 sq ft |
Amenities
- Storage Space
Utilities
- Lighting - Halogen
- Water - City
- Sewer - City
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Wellington Cir
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