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The Arc Portfolio, Four Multi-Let Industrial Estates in Aberdeen and Greater Glasgow with Asset Management Potential

1

Tenure:

For Sale

Type:

Investment property

Price:

£8,000,000 Offers in Excess Of

Size:

100,824 Sq ft

CLOSING DATE SET - WEDNESDAY 17 OCTOBER 2018 - 12NOON

The Estates are:

Clyde Gateway Trade Park, Rutherglen, Glasgow (27,409 sq ft)
Telford Court, Clydebank Business Park, Clydebank (32,924 sq ft)
Wellington Business Park, Altens, Aberdeen (23,387 sq ft)
Whitemyres Business Centre, Aberdeen (17,104 sq ft)

Closing date: 2018-10-17

Floors/Units:
The Arc Portfolio 100,824 Sq ft
TOTAL 100,824 Sq ft
Investment Summary

* Totalling 100,824 sq ft
* 96% occupied with 30 tenancies
* Portfolio WAULT of 2.85 years term certain and 4.16 years to expiry
* Two freehold and two long leasehold interests
* Reversion and asset management opportunities throughout

Net passing rent of £747,225 pa exclusive (after estimated ground rent deduction)

Seeking offers in excess of £8,000,000 exclusive, showing an attractive net initial yield of 8.80%

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