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 City Centre Offices with Development Opportunity For Sale. For further info please contact lisa.cowie@fgburnett.co.… https://t.co/GV8B2b88bu 1 day ago
FG Burnett FG Burnett @FGBurnett Excellent opportunity to secure a newly refurbished landmark building in the heart of Aberdeen City Centre. For fu… https://t.co/TC664ss5z5 3 days ago
FG Burnett FG Burnett @FGBurnett Despite the commonly held belief to the contrary, there is still life, interest and demand for buildings in all the… https://t.co/eYI2X6R81U 4 days ago
FG Burnett FG Burnett @FGBurnett Works are progressing well on the CAT A landlords fit out with exposed services at Floors 2 & 3, The Exchange 2, Ma… https://t.co/PUHk8dhT41 5 days ago
FG Burnett FG Burnett @FGBurnett Flexible Office & Storage Space To Let. For further info please contact lisa.cowie@fgburnett.co.uk 01224 597536… https://t.co/98bGdjA0ee 6 days ago
FG Burnett FG Burnett @FGBurnett Retail Premises with benefit of Class 3 Takeaway Consent To Let. For further info please contact daniel.mitchell@f… https://t.co/Nn3fX2bRim 1 week ago
FG Burnett FG Burnett @FGBurnett It’s been a busy week for our Energy Team with a number of EPCs being lodged and further instructions received. Don… https://t.co/ZeacQphhwk 1 week ago
FG Burnett FG Burnett @FGBurnett TO LET - ground floor unit in established West End retail area of Aberdeen. Ingoing tenant may benefit from 100% r… https://t.co/E0L3fFGkVZ 2 weeks ago
FG Burnett FG Burnett @FGBurnett Opportunities to occupy New Build Landmark Pavilions. For further info please contact richard.noble@fgburnett.co.uk… https://t.co/oowVJEkAky 2 weeks ago
FG Burnett FG Burnett @FGBurnett A lunchtime walk in Stonehaven for our Head of Rating to catch a glimpse of the open air swimming pool brimming for… https://t.co/e1pxSS20KL 2 weeks ago
FG Burnett FG Burnett @FGBurnett FOR SALE - retail/office investment with asset managment opportunities in Leven town centre. For further details co… https://t.co/xAL2Yvc8Nh 2 weeks ago
FG Burnett FG Burnett @FGBurnett Modern High Specification Office Pavilion with 20 Car Parking Spaces To Let/For Sale. For further info please conta… https://t.co/pAsRn0ygOc 2 weeks ago