Property photos
Offers over
£120,000
Light industrial for sale
Charter Avenue, Laurencekirk AB30Local area information
Property location
Nearby amenities
- Mearns Academy 0.3 miles
- Laurencekirk School 0.5 miles
- Laurencekirk 0.6 miles
- Montrose 8.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
McEwan Fraser Legal is delighted to present to the market The Boat Shed a flexible, light industrial facility in a secure compound with its own parking. With tenant in situ the property offers an immediate return on investment to a commercial landlord.
Accommodation comprises an L-shaped single-storey facility of two separate (but connected) workshops within a secure compound with parking. The workshops are solid concrete blockwork with 8ft wide sliding access doors on each unit. The property has previously been used successfully as a metal workshop, boat building facility, and now a classic motorcycle refurbishment business. The tenant is Grieves Engineering, an award-winning business. The tenants have been leasing for two years and have recently agreed to a lease extension for a further period of 5 years from August 2024. The investment provides 6% initial yield at the current asking price.
Key Features
• Industrial investment for sale
• Lease recently extended to 2029
• Dedicated parking
• Secure compound
Details
EPC - Building energy performance certificate: B
VAT - We understand the building is not elected for VAT
Services - Mains, electricity, water and drainage
Tenure - Freehold
Lease - Available upon request
By appointment through McEwan Fraser Legal on Aberdeenshire McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
Accommodation comprises an L-shaped single-storey facility of two separate (but connected) workshops within a secure compound with parking. The workshops are solid concrete blockwork with 8ft wide sliding access doors on each unit. The property has previously been used successfully as a metal workshop, boat building facility, and now a classic motorcycle refurbishment business. The tenant is Grieves Engineering, an award-winning business. The tenants have been leasing for two years and have recently agreed to a lease extension for a further period of 5 years from August 2024. The investment provides 6% initial yield at the current asking price.
Key Features
• Industrial investment for sale
• Lease recently extended to 2029
• Dedicated parking
• Secure compound
Details
EPC - Building energy performance certificate: B
VAT - We understand the building is not elected for VAT
Services - Mains, electricity, water and drainage
Tenure - Freehold
Lease - Available upon request
By appointment through McEwan Fraser Legal on Aberdeenshire McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
Floor plans and tours
Floor plans (1)
More information
Listed by
McEwan Fraser Legal
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Property descriptions and related information displayed on this page are marketing materials provided by - McEwan Fraser Legal. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact McEwan Fraser Legal for full details and further information.