Wed, 16 Nov 2022 | COMMERCIAL PROPERTY
Two Aberdeen business parks have been put on the market with a price tag of £15 million. Aberdeen Energy Park and Aberdeen Innovation Park comprise thirteen buildings spanning more than 200,000 sq ft on two sites covering over 120 acres.
The long-established, multi-let spaces provide a range of office, laboratory and warehouse facilities designed to host businesses ranging from small and medium-sized enterprises to larger corporate operations.
Current tenants of the business parks include Keenan Recycling, Prospect 13, Aberdeen and Grampian Chamber of Commerce and ICR. In total, the two sites have contracted net rents of £1.48 million per annum.
The parks, which recently underwent a more than £2 million refurbishment, are located in the Bridge of Don to the north of Aberdeen, in close proximity to the city’s international airport. Occupiers benefit from features including dedicated on-site management, 24-hour security and free parking for themselves and visitors.
The sale of the two parks is being handled by property advisory Knight Frank, who said that they offer significant potential for investment, rental growth and improving income profile through expansions, lease renewals and new lettings.
In their listing, Knight Frank said: “Both the Energy and Innovation Parks provide tenants with a variety of accommodation, from serviced offices on short term lets, through high technology workshop facilities to traditional offices."
“The parks have been developed in a number of phases and provide high quality accommodation in a mature landscaped business environment. All of the buildings have recently benefited from over £2 million of expenditure on refurbishing common parts and improving infrastructure.”
“All of the tenants benefit from the same level of dedicated on site management and are encouraged to contribute to the parks’ commercial and social community through joining the programme of networking events organised on the parks.”
One of the best ways to find properties below market price is to look at recent administrations.
Find businesses for sale here.
A parcel delivery firm based in the North West had fallen into administration and ceased trading, with administrators now seeking to sell the company’s assets, including its fleet of vehicles and leasehold property. An auction of the vehicle fleet...
Prime coastal development opportunity with full planning permission is available for sale. Total site area approx. 0.88 acres (0.36 hectares). Full Planning Permission for 19 apartments across two blocks with basement parking. The deadline for off...
This vibrant and rapidly growing online business specialises in British craft beer gift hampers, tapping into both D2C and B2B marketplaces, making it an ideal investment for those looking to capitalise on the thriving gift industry. With a streamlin...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.