office
Ref 11904

Proserv House

Aberdeen
AB32 6FE Westhill

To buyPlease contact us
Size71,036 ft² / 6,599 m² (approx. 660 desks)

Description

Proserv House, Westhill, Aberdeen - Prime Long Income Office Investment With Guaranteed Rental Growth

Investment Summary

  • Opportunity to purchase a prime, long let office investment, located within Prospect Park, Westhill, Aberdeen 
  • Let to Proserv UK Limited (guaranteed by Proserv Group Incorporated) until 8th November 2033 
  • Passing rent of £549,947 per annum. The lease incorporates five yearly upwards only rent reviews to the greater of open market rent or the minimum rental uplifts. We calculate the 2023, 2028 and 2033 rent reviews to provide minimum rental uplifts of £646,704 per annum, £739,116 per annum and £856,857 per annum respectively
  • Modern office accommodation extending to 24,173 sq ft of over ground, first and second floors together with 65 parking spaces providing an excellent ratio of 1:372 per sq ft 
  • Heritable Interest (Scottish Equivalent of English Freehold) 
  • Offers are invited for the benefit of our client’s heritable interest subject to contract and exclusive of VAT

Energy rating

Energy rating B-B

Location and Transport