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For Sale - Sold
Rovop, Silvertrees Drive, Silvertrees Drive, Silvertrees Business Park, Westhill, Scotland, AB32 6BH
Tenure

For Sale

Type

Investment

Price

£3,600,000 Offers Over

Size

19,909 Sq Ft

Ref No

14661

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Property Highlights

  • Highly specified industrial/office hybrid building
  • Let to ROVOP Limited
  • Long FRI lease expiring January 2036 - no breaks
  • Annual rent of £312,000 per annum
  • Guaranteed rental uplifts in January 2026 and 2030
  • Low risk tenant - Creditsafe rating of 82A
  • Offers over £3,600,000 exc VAT
  • Net initial yield of 8.14% rising to 10.68% in 2026

Overview

The property is a highly specified hybrid industrial/office building built in 2015 of steel portal framed construction with a dedicated storage yard and car park.

The tenant has carried out some alterations to provide additional office and mezzanine storage in the workshop. Externally, the tenant has erected a temporary warehouse in the yard and an inspection pit.

Internally, the building is divided to provide three floors of offices together with a high bay warehouse/workshop

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