Site 3, Burnside Drive Farburn Industrial Estate Dyce Aberdeen AB21 0HW

Site 3, Burnside Drive
Farburn Industrial Estate
Dyce
Aberdeen
AB21 0HW

  • Site 3, Burnside Drive<br>Farburn Industrial Estate<br>Dyce<br>Aberdeen<br>AB21 0HW

Leasehold Office Investment

  • Large Site with Low Site Coverage in Established office and industrial location
  • 2 miles east of Aberdeen Airport and the world's largest commercial Heliport
  • Let to Computer Cab (Aberdeen) Ltd with Guarantee
  • Lease expires 20th June 2028 (subject to option)
  • Low site coverage of 26%
  • Potential for future conversion/development (subject to consents)
  • Lot
    36
  • Auction
    17/Feb/2022
  • Rent
    £119,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £277,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
5 miles north of Aberdeen city centre, 1 mile to Aberdeen Western Peripheral Route
Roads
A90, A96, Aberdeen Western Peripheral Road
Rail
Aberdeen Railway Station
Air
Aberdeen Airport (0.5 miles)
Situation

Aberdeen is Scotland’s third largest city with a population of approximately 220,000. It is the administrative capital of the North East of Scotland, is home to two Universities, an expanding International Harbour and Airport, major Research Institutes, including world renowned Food, Fisheries and Agricultural Research Establishments.The property is situated on the south side of Burnside Drive within Farburn Industrial Estate in Dyce, 5 miles north west of Aberdeen city centre and 1 mile east of Aberdeen International Airport. The Aberdeen Western Peripheral Route, the new by pass to the west of Aberdeen is also within 2 miles. Dyce Railway station is also located close by. Nearby occupiers include Technip FMC, Plexus, Falck and Noble. The BP North Sea HQ offices are situated at Stoneywood close by.

Tenure

Long Leasehold. The site is held on a long lease expiring 28 May 2125 at a passing rent is £29,316 per annum. The rent is subject to a review on 1 October 2022 and 5 yearly thereafter. Please note that the terms of the current occupational lease the tenant is responsible for paying half the ground rent, subject to a ceiling of £14,000 p.a. Further information can be found in the legal pack at www.acuitus.co.uk.

Location
Miles
5 miles north of Aberdeen city centre, 1 mile to Aberdeen Western Peripheral Route
Roads
A90, A96, Aberdeen Western Peripheral Road
Rail
Aberdeen Railway Station
Air
Aberdeen Airport (0.5 miles)
Situation

Aberdeen is Scotland’s third largest city with a population of approximately 220,000. It is the administrative capital of the North East of Scotland, is home to two Universities, an expanding International Harbour and Airport, major Research Institutes, including world renowned Food, Fisheries and Agricultural Research Establishments.The property is situated on the south side of Burnside Drive within Farburn Industrial Estate in Dyce, 5 miles north west of Aberdeen city centre and 1 mile east of Aberdeen International Airport. The Aberdeen Western Peripheral Route, the new by pass to the west of Aberdeen is also within 2 miles. Dyce Railway station is also located close by. Nearby occupiers include Technip FMC, Plexus, Falck and Noble. The BP North Sea HQ offices are situated at Stoneywood close by.

Tenure

Long Leasehold. The site is held on a long lease expiring 28 May 2125 at a passing rent is £29,316 per annum. The rent is subject to a review on 1 October 2022 and 5 yearly thereafter. Please note that the terms of the current occupational lease the tenant is responsible for paying half the ground rent, subject to a ceiling of £14,000 p.a. Further information can be found in the legal pack at www.acuitus.co.uk.

Description

The property comprises a single storey former BP training centre which has been converted internally to provide a call centre with office accommodation. The property was converted internally from a predominantly industrial unit approximately 20 years ago to suit its current use as a taxi call centre with offices.
The property benefits from comfort cooling to the call centre area and gas fired central heating to the remainder. There is a parking for approximately 65 cars to the front, side and rear of the property.
The site measures approximately 1 acre (0.4047 Hectares) and a site coverage of only 26%.

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald (07718899341)

EPC

See Legal Pack

Description

The property comprises a single storey former BP training centre which has been converted internally to provide a call centre with office accommodation. The property was converted internally from a predominantly industrial unit approximately 20 years ago to suit its current use as a taxi call centre with offices.
The property benefits from comfort cooling to the call centre area and gas fired central heating to the remainder. There is a parking for approximately 65 cars to the front, side and rear of the property.
The site measures approximately 1 acre (0.4047 Hectares) and a site coverage of only 26%.

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald (07718899341)

EPC

See Legal Pack

Tenancy & Accommodation

Description Use Floor Areas (Approx) Tenant Tenant Term Rent p.a.x Review/ (Reversion)
Front Offices
Call Centre
Rear Offices
Office
Call Centre
Office
290.8 sq m
362.4 sq m
401.4 sq m
(3,130 sq ft)
(3,900 sq ft)
(4,320 sq ft)
COMPUTER CAB (ABERDEEN)
LIMITED (1)
10 years from 21/06/2018
until 20/06/2028 (2)
£119,000
21/06/2023
21/06/2028 (2)
TOTAL  
1,054.6 sq m
(11,350 sq ft)    
£119,000
 

(1) Based in Aberdeen and Liverpool Comcab have been based in Aberdeen since 1953. (Source : www.comcab.co.uk) For the year ending 31/12/2020 Computer Cab (Aberdeen) Ltd reported a turnover of £2,153,558 and total shareholder equity of £5,732,500. The lease is guaranteed by Cityfleet Networks Limited who for the year ending 31/12/2020 reported a turnover of £27,466,000 and total shareholder equity of £11,532,000 (source NorthRow January 2022)
(2) Subject to a tenant’s break option on the 5th anniversary, upon giving twelve months notice and a penalty of three months rent. If the tenant does not exercise the break option a rent free period of three months will apply.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    28.01.22
    File Size
    2 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Associate Auctioneers
Ryden LLP 25 Albyn Place
Aberdeen
Scotland
AB10 1YL
Ken Shaw 07836 556768ken.shaw@ryden.co.uk
Seller's Solicitors
DLA Piper Scotland LLP Collins House, Rutland Square
Edinburgh
EH1 2AA
1312254455
Maggie Pope 087 0011 1111maggie.pope@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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