Waterloo Quay Aberdeen AB11 5BS

  • Waterloo Quay<br>Aberdeen<br>AB11 5BS

Waterloo Quay
Aberdeen
AB11 5BS

Heritable Business Centre Investment

  • Harbourside Five Building Complex with Extensive Car Parking
  • Close to City Centre, Union Square Shopping Centre and Railway and Bus Stations
  • Redevelopment Opportunities (Subject to Planning)
  • Active Asset Management Opportunities through letting vacant space
  • Neighbouring occupiers include Trubhor Engineering, Halliburton and City Electrical Factors, together with a mix of office, workshop and café occupiers
  • Lot
    22
  • Auction
    2nd November 2023
  • Rent
    £443,528 per Annum
    (Gross)
  • Status
    Sold
  • Price
    £1,325,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Administrators
Important Update
  • Expand
  • Photos
  • Map

Heritable Business Centre Investment

  • Harbourside Five Building Complex with Extensive Car Parking
  • Close to City Centre, Union Square Shopping Centre and Railway and Bus Stations
  • Redevelopment Opportunities (Subject to Planning)
  • Active Asset Management Opportunities through letting vacant space
  • Neighbouring occupiers include Trubhor Engineering, Halliburton and City Electrical Factors, together with a mix of office, workshop and café occupiers
  • Lot 22
  • Auction 2nd November 2023
  • Rent £443,528 per Annum (Gross)
  • Status Sold
  • Price £1,325,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Administrators

Property Information

Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and Scotrail) (0.5 miles west)
Air
Aberdeen International Airport (6.5 miles west)
Situation

The property is situated on the north side of Waterloo Quay, close to its junction with Commerce Street, opposite Aberdeen Harbour. It has good accessibility with direct access onto the A956, which in turn provides access to A92 South and A96. Waterloo Quay is within a 15 minute walk of Aberdeen City Centre bus and rail stations with Beach Boulevard Retail Park in close proximity, to the north.

Tenure

Heritable. Scottish Equivalent of English Freehold. The Church Street surface car park is held Long Leasehold.

Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and Scotrail) (0.5 miles west)
Air
Aberdeen International Airport (6.5 miles west)
Situation

The property is situated on the north side of Waterloo Quay, close to its junction with Commerce Street, opposite Aberdeen Harbour. It has good accessibility with direct access onto the A956, which in turn provides access to A92 South and A96. Waterloo Quay is within a 15 minute walk of Aberdeen City Centre bus and rail stations with Beach Boulevard Retail Park in close proximity, to the north.

Tenure

Heritable. Scottish Equivalent of English Freehold. The Church Street surface car park is held Long Leasehold.

Description

Waterloo Quay comprises a series of former harbourside warehouse buildings that have been redeveloped to form office, storage, light industrial and leisure space (gym/squash courts). Waterloo Quay comprises Provender, Nautilus, Ocean Spirit and Voyager Houses and The Courtyard. The majority of the accommodation fronts onto Aberdeen Harbour and is let to a variety of occupiers in sectors including energy, healthcare and training with a total approximate floor area of 6,946.29 sq. m. (74,888 sq. ft.). There are extensive car parking facilities at Lime Street Multi-Storey car park and at Church Street (held long leasehold) which are included within the demise.

The property is let to numerous tenants and a full tenancy schedule is available within the legal pack.

In addition, there are currently vacant areas within the property providing opportunities to increase future rental income.

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will begiven in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Administrators are acting without personal liability. The Administrators are not bound to accept the highest or any offer.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

Waterloo Quay comprises a series of former harbourside warehouse buildings that have been redeveloped to form office, storage, light industrial and leisure space (gym/squash courts). Waterloo Quay comprises Provender, Nautilus, Ocean Spirit and Voyager Houses and The Courtyard. The majority of the accommodation fronts onto Aberdeen Harbour and is let to a variety of occupiers in sectors including energy, healthcare and training with a total approximate floor area of 6,946.29 sq. m. (74,888 sq. ft.). There are extensive car parking facilities at Lime Street Multi-Storey car park and at Church Street (held long leasehold) which are included within the demise.

The property is let to numerous tenants and a full tenancy schedule is available within the legal pack.

In addition, there are currently vacant areas within the property providing opportunities to increase future rental income.

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will begiven in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Administrators are acting without personal liability. The Administrators are not bound to accept the highest or any offer.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address Total Approximate
Floor Area sq. m.
Total Approximate
Floor Area sq. ft.
Voyager House
884.62
(9,522)
Nautilus House
1,422.30
(15,428)
Courtyard
1,567.73
(16,875)
Ocean Spirit House
1,639.36
(17,646)
Provender House
1,432.28
(15,417)
Total
6,946.29
(74,888)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+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
    09.01.24
    File Size
    4 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
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Associate AuctioneersDerren McRae +44 (0) 1224 219 000 07515 069 600derren.mcrae@cbre.com
Seller's Solicitors
TLT LLP 41 W Campbell St
Glasgow
G2 6SE
Brian Armour +44 (0) 7909934162brian.armour@tlt.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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