News

FG Burnett is delighted to have been appointed by Countesswells Development Limited to its panel of commercial property advisors.  In the role, the company will advise on and market the diverse commercial property opportunities at Countesswells; Aberdeen’s newest community. Countesswells is a new town that will eventually comprise 3,000 homes, two primary schools and an academy, community facilities, retail and businesses, alongside civic spaces and a mix of landscaped and informal green space for around 7,000 people on a 400 acre site. There will be two main mixed-use neighbourhood centres with retail and commercial opportunities for FG Burnett to work … Read More →

FG Burnett are delighted to have been involved in another investment sale for Drum Property Group at Prime Four Business Park in Aberdeen. Golden Globe Merchants has bought Statoil House for £18.7m, a net initial yield of 6.17%. The 45,797 sq.ft office is let to Statoil (UK) Ltd until 31st March 2032, with an annual rent of £1,225,069.75 per annum and guaranteed rental growth through fixed rental uplifts of 2.5% compounded in October 2020, 2025 and 2030.   BNP Paribas Real Estate UK represented Golden Globe Merchants and JLL, Ryden and FG Burnett acted on behalf of Drum Property Group. Dave MacLeod … Read More →

FG Burnett are delighted to be instructed on the sale of the industrial investment in Blackburn let to Online Electronics Limited.  Online were formed in 1996 and are an International Pipeline Solutions Specialist, part of the Norwegian IK Group.  They have operations in the UK, USA, Brazil, Singapore, Dubai, Norway and Australia. Dave MacLeod is handling the sale on behalf of private clients, after Graeme Watt acted on the letting of the property.  Dave said  “At offers over £950,000, this offers a net initial yield of 9.5%, which will catch the eye of private investors.  Blackburn is already a busy … Read More →

FG Burnett are delighted to be instructed on the sale of the investment of the new Starbucks Drive Thru at Blackburn.  Dave MacLeod is handling the sale on behalf of Westpark, after Richard Noble acted on the pre-let of the development to the coffee giant.  Dave is sure this will appeal to private investors seeking to secure long term income.  Dave said  “This is a rare opportunity to acquire an investment in one of the UK’s fastest growing sectors and the fundamentals are excellent – a roundabout location on one of the region’s main trunk roads, a location which will … Read More →

TO LET Substantial retail premises in Inverurie Town Centre. Total floor space of 6401 sq ft with 5300 sq ft at ground floor level. Capable of Sub Division. Private car parking. Further information from Richard Noble or David Henderson.

FG Burnett is pleased to be marketing the retail investment at 8 Chapel Street in Aberdeen.  Dave MacLeod is handing the sale and believes it will prove a popular opportunity for private investors.  Dave comments “We acted on behalf of our client earlier this year to let the shop to Tiger Lily Boutique, a successful womenswear fashion retailer based in Broughty Ferry.  The investment is now for sale at offers over £220,000, with an annual rent of £20,500 per annum.  This would give an investor a net initial yield of 9.1%, which is an attractive return for a really prominent … Read More →

FG Burnett is delighted to announce the appointment of Holly Wyatt to the team.  Holly joins the firm as a Property Manager within the Property Management Department having previously worked for property companies in both Aberdeen and Edinburgh.  In the role, Holly will be responsible for a diverse range of assets across both the commercial and residential sectors. Richard Noble, FG Burnett Managing Director says: “We are delighted to welcome Holly to the team.  We pride ourselves on the quality of property management service we provide to our clients and the experience that Holly brings will allow us to continue … Read More →

We are currently marketing ‘For Sale’ workshop premises at 1 Anderson Avenue, Aberdeen. This end terraced workshop has been extended in recent years to provide a floor area of 4,612 sq.ft.  Both the main workshop and extension have separate access and can therefore be subdivided if required.  Additionally, there is an opportunity for possible development. On entry, the front workshop area consists of a small office area leading to a workshop area with an eaves level of 2.67m.  A mezzanine floor is accessed by way of a timber stair to the centre of the premises.  The rear extension features an … Read More →

We have the following requirement for a funeral director business.  Ideal location would be with good visibility and generous car-parking.   Could retro fit-out within and existing Industrial or showroom building. Tenure: Lease/purchase Term: 10/15 years Location: Aberdeen (general) Ideally on an arterial route with passing traffic;  may consider periphery Size: 7-12,000 sq.ft Timing: Q1 18 Car-parking : Essential   Contact:-  Graeme Nisbet – 01224 597532 – graeme.nisbet@fgburnett.co.uk

  All business ratepayers in Aberdeen City and Aberdeenshire should be aware of the transitional rates relief available for the current 2017/18 financial year. The overall position is somewhat complicated by the fact that there are three separate relief systems in operation, depending on the type and location of the property. Ratepayers should also note that the Aberdeen City Council local relief system has a deadline of 30th September 2017 for applications to be submitted. The Scottish Government TR scheme provides relief to the hospitality sector (hotels, public houses, restaurants etc.) where rates payable have increased by more than 14.75% … Read More →