FG Burnett instructed to sell Aberdeen industrial investment

September 30, 2015
Sulzer

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 Great to confirm that an office letting is complete in the west end of Aberdeen and looking forward to welcoming ou… https://t.co/9MoTOaQlfS 3 days ago
FG Burnett FG Burnett @FGBurnett Require an EPC/Section 63 Assessment for your commercial premises? We have in-house Accredited Commercial Energy A… https://t.co/BfO5KGWMuF 5 days ago
FG Burnett FG Burnett @FGBurnett Another 'one stop shop' deal delivered as HB Rentals commit to lease an 11,500 sq ft building from an FG Burnett pr… https://t.co/0cDCqNg0rd 1 week ago
FG Burnett FG Burnett @FGBurnett RT @bonaccordcentre: Yes that's right TV Presenter & Fashion Stylist Mark Heyes will be at the Bonmarche store in St Nicholas mall tomorrow… 1 week ago
FG Burnett FG Burnett @FGBurnett @AGCC_Seona Very nice! 1 week ago
FG Burnett FG Burnett @FGBurnett When the MD takes in some treats for the team........diets start again tomorrow!! https://t.co/r0On7nEfMl 1 week ago
FG Burnett FG Burnett @FGBurnett RT @BreakoutAbrdeen: Doesn't get better than a bit of competition between teams and these two did a brilliant job! #teamwork https://t.co/P 2 weeks ago
FG Burnett FG Burnett @FGBurnett RT @AbdnInspired: Wow what a night! We are overwhelmed and delighted to have won Partnership of the Year and Best Environmental Contributio… 2 weeks ago
FG Burnett FG Burnett @FGBurnett The FGB team are off this afternoon for a bit of team building in the great outdoors - how lovely is the weather fo… https://t.co/es5UB7TYLN 3 weeks ago
FG Burnett FG Burnett @FGBurnett Whilst on survey one of our #BuildingSurveyors saw some roofing felt on a not so flat roof. Begs the question what… https://t.co/E9Y07jRVvk 4 weeks ago
FG Burnett FG Burnett @FGBurnett See today's @pressjournal for details of some of the properties we are currently marketing. For more info or to vie… https://t.co/ZsL29KI7Hi 4 weeks ago
FG Burnett FG Burnett @FGBurnett A slightly different desk today for @RichardNobleFGB, helping out at The 123rd Amateur at Royal Aberdeen & Murcar L… https://t.co/GxTVZgBRXo 4 weeks ago