Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold Prior

Sold Prior

Sold

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Prominent Heritable roadside investment in central Aberdeen, fronting the inner ring road with high visibility and traffic flow
    • Fully operational petrol filling station with EV charging, HGV-suitable pumps, car wash, and convenience store.
    • Unexpired term of 15 years
    • The site extends to approximately 0.22 hectares (0.54 acres)
    • Being sold with the neighbouring three sites - please see Lots ???
    • Current income of £162,300 per annum ( reflecting 8.54% GIY)

    Description

    The property and site comprises a purpose-built petrol filling station with associated shop facilities. Within the site are five EV Charging Stations providing a range of power options for fast charging from 150 to 300kW. The forecourt also offers air, screen wash and vacuum machines as well as a full car wash. The onsite convenience store is branded as Londis and benefits from a cash machine and parcel pick-up points for UPS/Royal Mail and DPD.

    Additional information

    Tenure

    Heritable (Scottish Equivalent of English Freehold)

    Accommodation

    The site extends to approximately 0.22 hectares (0.54 acres)

    Tenancy

    The premises are let on a Full Repairing and Insuring terms to Motor Fuel Limited with the lease expiring on 20th April 2041 with no break options. The passing rent is £162,310 per annum and there is provision within the lease for 5 yearly, upward only rent reviews with the next being due on 20th April 2031 and 5 yearly thereafter. The rent review is based on a CPI increase with a cap and collar of 1% & 3% per annum.

    Rent

    £162,310

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Aberdeen is Scotland’s third largest city and is the main administrative and financial centre for Aberdeen City and Aberdeenshire. The city has a population of approximately 230,000 with a wider catchment of close to 500,000.

      The subject property is located on a prominent roundabout location on the west side of North Esplanade West with direct links to South College Street, Riverside Drive and The Queen Elizabeth Bridge. North Esplanade West is one of the main arterial routes in the city so visibility and passing traffic levels are high. Union Square Shopping Centre, the main rail and bus transport hub and the city centre are located less than a mile to the north east.

      Transport

      A90 dual carriageway south to Edinburgh

      Aberdeen Railway Station (0.8 miles)

      Legal documents

      Login to view legal documents

      EPC rating

      The EPC rating for this property is B

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums