Prime High Yielding Office Investment
- Opportunity to acquire a prime HQ building let to Technip UK Limited
- Located in Westhill 6 miles west of Aberdeen city centre
- Total NIA of 57,834 sq.ft together with parking for 217 vehicles representing a ratio of 1:266 sq.ft
- Let until 27th November 2032 with the tenant having been in occupation since the 1990’s
- Rent of £1,080,000 per annum (£18.67 per sq.ft) with a minimum uplift in 2027 to the higher of open market rental value or multiplied by a factor of 1.104 (£1,192,320 per annum)
- Heritable Title
- Offers in excess of £10.655m / 9.50% reflecting a low capital value of £184.23 psf.