OFFICE, WAREHOUSE & YARD TO LET / FOR SALE (SUBJECT TO GROUND LEASE) GREENBANK CRESCENT, EAST TULLOS INDUSTRIAL ESTATE, ABERDEEN LOCATION The property is located on the south side of Greenbank Crescent within the popular East Tullos Industrial Estate which is located some 1.5 miles south of Aberdeen City Centre and Harbour. Neighbouring proprietors include Shell UK, Arnold Clark, John Wood Group Plc and Town & County Motors. Aberdeen is Scotland’s third city, the oil capital of Europe, with a population in the region of 215,000 and one of the most dynamic economies in the UK. The site is shown on the location plan opposite for identification purposes only. DESCRIpTION The property comprises a single storey office building of concrete block construction with a flat mineral felt covered roof. To the rear of this building is a single storey warehouse of concrete block GROUND TENURE construction harled externally with a corrugated asbestos roof carried on The ground is held on lease for a period of 99 years from 20 January 1974 light steel trusses. The floor is concrete. until 27 January 2073. To the rear of the warehouse is a further single storey building of concrete At the expiry of the lease the Landlords are obliged to either offer an block construction roughcast externally with flat mineral felt covered roof. extension of the lease or alternatively acquire the Leasehold interest based Car parking is provided to the front of the buildings and a substantial on a ground lease for a period of 31 years. concrete yard is located to the west. The rental is £12,250 per annum which is subject to review on 15 May 2009 and at 7 yearly intervals thereafter. ACCOmmODATION The following accommodation is provided measured on a gross internal LEASE TERmS basis:- Our clients are offering a new Full Repairing and Insuring lease for a minimum Building 1 Gross Internal Area period of 10 years incorporating three yearly rent reviews. Ground Floor 93.18 m2 (1003 sq ft) RENTAL Building 2 £50,000 per annum exclusive Warehouse; foreman’s office 234.21 m2 ( 2521 sq ft) pRICE Building 3 90.95 m2 ( 979 sq ft) Alternatively, offers in excess of £400,000 are invited for our client’s ground 418.34 m2 (4503 sq ft) leasehold interest. Yard vAT Concrete storage yard 970 m2 (1160 sq yds) All figures quoted are exclusive of Value Added Tax. SERvICES ENTRY Mains electricity, water and drainage are installed. Heating to the offices is by an oil fired radiator system and warm air to the warehouse. Summer 2008. In addition, air conditioning cassettes have been installed to the front office LEGAL COSTS building. All legal costs including SDLT and registration dues incurred in the preparation RATING ASSESSmENT of a lease should be borne by the ingoing tenant in the normal manner. The property is entered in the valuation roll as follows: OFFERS & vIEWING Net & Rateable Value - £24,750 All offers should be submitted in writing to the sole agents who will also The Uniform Business Rate for the year 2007/2008 is 44.1p in the £. make arrangements to view on a strictly by appointment basis.