Sale of Haudagain Retail Park

May 17, 2017
HAUDAGAIN_RETAIL_PARK

Osborne King and FG Burnett have acted on behalf of Rhino Investment Management on the sale of Haudagain Retail Park in Aberdeen.  Haudagain occupies a strategic, high profile location on Aberdeen’s trunk road network and is let to KFC, Carphone Warehouse, Maplin, American Golf and High Seat. The investment has been acquired by a private investor for £2.7 Million, reflecting a net initial yield of 8.7%.

Dave McClure of Osborne King said “The quality of tenants and unexpired lease terms is an ideal combination for private investors and property companies. “

Dave Macleod of FG Burnett said “The majority of the tenants have traded from the development since it opened in 1999, testimony to the quality of the location at one of Aberdeen’s busiest road junctions. “

FG Burnett FG Burnett @FGBurnett Having let Unit 4 Ocean Trade Centre, Altens, Aberdeen, FGB wish BMM every success in their new building! Unit 5 st… https://t.co/q8VrEBdC1g 2 weeks ago
FG Burnett FG Burnett @FGBurnett RT @CastleFraserNTS: This Saturday we attempt the Largest Strip the Willow at Castle Fraser! Let's do this #Aberdeenshire We need you #NTS 3 weeks ago
FG Burnett FG Burnett @FGBurnett Shout out to Jim Johnstone for teaching Tai Kwon Do to Cubs at the @scoutsscotland Gordon Gathering over the weeken… https://t.co/6XNEXElklh 3 weeks ago
FG Burnett FG Burnett @FGBurnett We are looking for an experienced Property Manager to join our team in Aberdeen https://t.co/ME1HeOrBrt https://t.co/uF8xjg0VAu 3 weeks ago
FG Burnett FG Burnett @FGBurnett Thank you to @ServicePointUK @MikeYule007 for donating the fantastic banners for our charity event yesterday. It wa… https://t.co/UuUdZ2QZnh 4 weeks ago
FG Burnett FG Burnett @FGBurnett Great article by @KeithFindlay1 in today's #PressandJournal https://t.co/GTme72HYMv 4 weeks ago
FG Burnett FG Burnett @FGBurnett We have an urgent industrial requirement on the north side of Aberdeen. https://t.co/qsb2GkHEva Contact Graeme Nis… https://t.co/SJ7tl6yhac 4 weeks ago
FG Burnett FG Burnett @FGBurnett Congrats to FGB's Graeme Watt and Sylvia Clement who were both successful in the ballot to "walk the bridge" this w… https://t.co/g0rFzjeaac 4 weeks ago
FG Burnett FG Burnett @FGBurnett The 4th floor of #TheSilverFin comes complete with a roof terrace. Not a bad view for an alfresco meeting. https://t.co/ZX47AvABBr 4 weeks ago
FG Burnett FG Burnett @FGBurnett Great location for our weekly agency meeting this morning. #TheSilverFin https://t.co/0dx3ep7YW4 4 weeks ago
FG Burnett FG Burnett @FGBurnett RT @derrenm: Loved the new Union Street vinyls @wiredstudio @AbdnInspired @AberdeenCC @FGBurnett @EYCORetail 👀 #UnionSt #GreatAberdeenRun h… 4 weeks ago
FG Burnett FG Burnett @FGBurnett RT @Great_Run: Kenny Wilson wins the first EVER @SimplyhealthUK #GreatAberdeenRun 10k 👊🏻👏🏻 https://t.co/4SzD7nMdx9 4 weeks ago