Wellington Cir 15,222 SF 100% Leased Industrial Building Aberdeen AB12 3JG $371,426 CAD ($24.40 CAD/SF)

- Prime Location: End terrace unit within well-established estate - Modern Unit: High-quality industrial unit built C. 20 years ago - Fully Tenanted: Secure income producing £16,000 per annum - Strong Tenant: 85A Creditsafe rating - "Very Low Risk" - Heritable Interest: Scottish equivalent of English Freehold - Price: Offers over £199,500 are invited
Aberdeen is Scotland's third-largest city with a population of around 220,000 and a wider regional catchment of over 500,000. The region has successfully evolved from being the "Oil Capital of Europe" to the "Energy Capital of Europe." This transition reflects ongoing investment in renewable energy, leveraging the city's highly skilled workforce and robust onshore and offshore infrastructure.
Significant public sector support has underpinned this transformation, including a £62 million Energy Transition Fund. Of this, £26 million has been allocated to the development of the Energy Transition Zone (ETZ), strategically located adjacent to the £450 million South Harbour. The ETZ is set to attract a new generation of renewable energy investment, positioning Aberdeen as a global leader in green energy innovation.
Wellington Business Park is located within Altens, which is one of Aberdeen's longest established and popular industrial locations situated approximately 2 miles south of the city centre.
The Business Park is located on Wellington Circle and is directly accessed from Wellington Road, the A956, which leads north to Aberdeen City Centre, the harbour and railway station and south to the A90 trunk road, AWPR and motor network beyond. Unit 5 occupies an end terrace unit within the Business Park.
Nearby occupiers include: Balmoral Group, IKEA, Royal Mail, DHL, Tesla, Shirlaws, Makro, Puregym, Shell, Popeye's, Starbucks and a variety of car showroom operators including Porsche, Mini and Audi.
The property comprises an end-terrace industrial unit within a development of 10 units of varying sizes, constructed approximately 20 years ago.
The unit is of steel portal frame construction with a concrete floor, blockwork and profiled metal walls, all under a monopitched profiled metal roof. The units benefit from a three- phase power supply.
Internally, the unit has been fitted out to provide a combination of office and storage space. The storage area comprises a full-height workshop, while the remainder of the unit features a suspended ceiling. The office accommodation is predominantly open plan and includes two small workrooms, a meeting room and staff welfare facilities. The tenant's fit-out incorporates the complete office layout, with the exception of the suspended ceiling.
Externally, the development features a generous central forecourt providing parking and servicing access. Unit 5 benefits from three dedicated car parking spaces outlined in red, in addition to access to communal areas within the estate shown blue on the OS map included within this brochure.
The passing rent is £16,000 per annum subject to review on 28th May 2029 to the higher of the passing rent and the open market rental value.
The tenant benefits from a "Very Low Risk" Creditsafe rating and a net worth of £1.049m.