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 RT @knightprop: It’s all about location at St Swithin Row #Aberdeen - open plan #office suites with prestigious west end location, close to… 3 days ago
FG Burnett FG Burnett @FGBurnett Prestigious West End office building with 9 car parking spaces available To Let. For further info please contact l… https://t.co/6sIHukpBQP 4 days ago
FG Burnett FG Burnett @FGBurnett We're delighted to welcome Corrie Deans as Director in Property Management. Corrie will work alongside Jonathan Ne… https://t.co/ebJNmYlaIf 4 days ago
FG Burnett FG Burnett @FGBurnett City Centre Self Contained Office Suites To Let opposite Marischal Square. For further info please contact lisa.co… https://t.co/rbFt43kZmQ 4 days ago
FG Burnett FG Burnett @FGBurnett City Centre Workshop/Store For Sale. For further info please contact lisa.cowie@fgburnett.co.uk 01224 597536… https://t.co/R86S1PS4gu 5 days ago
FG Burnett FG Burnett @FGBurnett City Centre Car Park with 17 Spaces To Let. For further info please contact lisa.cowie@fgburnett.co.uk 01224 597536… https://t.co/61FfL6tRd6 6 days ago
FG Burnett FG Burnett @FGBurnett We're delighted to be a sponsor of Curl Aberdeen and took the opportunity to have our Team Social there on Friday a… https://t.co/bJ09iEIp8H 6 days ago
FG Burnett FG Burnett @FGBurnett Exposed Services Office Suites within High Quality City Centre Building To Let. For further info please contact gra… https://t.co/CnbVOqmSZu 1 week ago
FG Burnett FG Burnett @FGBurnett FOR SALE - small retail unit in the centre of Saltcoats. Offers over £30,000 are invited with no VAT payable on the… https://t.co/LoLWDNMQTY 2 weeks ago
FG Burnett FG Burnett @FGBurnett Office Accommodation within High Quality City Centre Building To Let. For further info please contact graeme.nisbet… https://t.co/onLQB9koU5 2 weeks ago
FG Burnett FG Burnett @FGBurnett Great to see Sainsbury's Local begin trading today at Countesswells. Wishing them all the very best in their new lo… https://t.co/u0DPZgjB17 2 weeks ago
FG Burnett FG Burnett @FGBurnett We were delighted to assist RGU with one of Aberdeen's best properties, The Sir Ian Wood Building. https://t.co/fGPiMEFGzn 3 weeks ago