FG Burnett instructed to sell Aberdeen industrial investment

September 30, 2015

FG Burnett has been instructed to sell a high yielding industrial investment in a prime location with Kirkton Avenue, Dyce. The sale comprises two adjacent properties that are let to Dowding & Mills, who offer a Dun & Bradstreet 5A1 covenant and are part of the global Sulzer group. Both properties have leases that expire in December 2021, with rent reviews in 2016 which are expected to show significant rental uplifts. Dan Smith, who is handling the sale said “

At offers over £1.83 Million, this will be an attractive investment for private investors and property companies who are seeking a secure tenant on well located industrial property. The rent reviews in December 2016 offer scope for a significant uplift in rental and we believe that a reversionary yield of over 10% is possible following the reviews

For more details go to http://fgburnett.co.uk/property/aberdeen-city/dyce/pitmedden-road-industrial-estate/

 

FG Burnett FG Burnett @FGBurnett Extensively Refurbished High Quality & High Specification Office Pavilion To Let. For info contact graeme.nisbet@f… https://t.co/zSaDJjaJ4b 26 weeks ago
FG Burnett FG Burnett @FGBurnett TO LET - character property in the heart of Aberdeen City Centre. Currently fitted out as a coffee shop/restaurant… https://t.co/fxNj8kJtVG 26 weeks ago
FG Burnett FG Burnett @FGBurnett Breaking news today is the announcement by the Scottish Government of the postponement of the 2022 Business Rates R… https://t.co/eZ2rDzQ89n 26 weeks ago
FG Burnett FG Burnett @FGBurnett Prime Office Pavilion To Let/For Sale at City South, Portlethen. For further info please contact graeme.nisbet@fgb… https://t.co/rzCMINy0Qu 26 weeks ago
FG Burnett FG Burnett @FGBurnett Modern High Specification Office Pavilion with Fit Out included and 20 Car Parking Spaces To Let. For info contact… https://t.co/3C3r1DppwZ 27 weeks ago
FG Burnett FG Burnett @FGBurnett RT @RichardNobleFGB: Latest update on stats for ground floor occupancy on Union Street #aberdeen #unionstreet #commercialproperty https://t… 29 weeks ago
FG Burnett FG Burnett @FGBurnett Following the announcement by Prosafe that they are relocating to The Silver Fin Building, article on their former… https://t.co/Xtc1tm3dq7 29 weeks ago
FG Burnett FG Burnett @FGBurnett Modern detached building on site of 0.28 Acres in West End location available For Sale. Contact jonathan.nesbitt@fg… https://t.co/tW42dQnvo5 29 weeks ago
FG Burnett FG Burnett @FGBurnett Detached Granite Villa with Open Plan Rear Extension and Exceptional Parking For Sale/May Let. Contact jonathan.ne… https://t.co/wAHhE0nuzO 29 weeks ago
FG Burnett FG Burnett @FGBurnett Office & Training Facility with Development Opportunity (Subject to Planning) available For Sale. Contact jonathan… https://t.co/tbLfY7kCdS 29 weeks ago
FG Burnett FG Burnett @FGBurnett TO LET - retail opportunity adjacent to the busy Starbucks Drive Thru at Westpark on the A96 at Blackburn, Aberdeen… https://t.co/XzuFiEgzwU 30 weeks ago
FG Burnett FG Burnett @FGBurnett Modern Furnished Office Suite with Car Parking To Let. Contact jonathan.nesbitt@fgburnett.co.uk 01224 597531… https://t.co/fvTUe489VU 30 weeks ago