The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ

The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ

Light industrial facility within a secure compound with tenant in situ.

Street Address
The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
Price
Offers over £120,000
Property Type
Light Industrial
Property Reference
MFL3233701
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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

The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.