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Burghead MF, Burghead, Moray, IV30 5XU

POA
Cushman & Wakefield LLP, Manchester Industrial
SIZE AVAILABLE

365,904-840,708 sq ft

33,994-78,104 sq m

SECTOR

Industrial park for sale

Description

Site A –10.90 acres - including a c.5,900 sq ft (ground floor) building (GIA):

A rare, high yielding opportunity let to Arqiva, an international covenant, on anew 10-year leasewith a tenant option to break after the 7thyear, subject to a penalty equivalent to 6 months rent. Passing rent will be £150,000 per annum.

Underlying refurbishment / development opportunity (subject to planning).

Site B – 8.40 acres -presents a development opportunity (subject to planning).

Location Description

Located just off the B9040 between RAF Lossiemouth and Kinloss Barracks, Burghead is a historic seaside town in Scotland. It has a large proportion of the population working in either the local military sites which are a c.15-minute drive away or the Burghead Maltings brewery which is a 10-minute walk from the site.

The town centre is 0.7 miles west, the larger town of Elgin is 8 miles away and the city of Inverness is 35 miles to the southwest. The land provides good access to major towns and city whilst benefitting from a tranquil seaside environment.

The transmitting station currently has an access road from the B9040 providing direct links to the town centre and RAF Lossiemouth, one of the main employers in the area.

Brochures

Burghead MF, Burghead, Moray, IV30 5XU

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elgin Station6.9 miles

About Cushman & Wakefield LLP, Manchester Industrial

No.1 Marsden Street, Manchester, M2 1AB

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Notes

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Disclaimer - Property reference 167018_254CAB00. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cushman & Wakefield LLP, Manchester Industrial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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