St Machar Road

St Machar Road, Aberdeen, AB24 3YJ

Sector:

Industrial

Size:

12,000 sq.ft

Tenant(s):

National Timber Group Scotland Ltd

Advisors:

Burns Property (acquisition)
PMP (technical due diligence)
DCS (legal advice)

Acquired from:

Carnoustie Limited

St Machar Road, Aberdeen, AB24 3YJ
St Machar Road, Aberdeen

Investment Rational:

Bellair’s investment in the prominent corner site at the entry to St Machar industrial estate in the north of Aberdeen holds considerable promise, especially with the tenant’s recent commitment evidenced by their lease extension. This move aligns well with Bellair’s strategy for long-term income generation while also presenting opportunities for future development.

The decision to invest in this property reflects Bellair’s understanding of the market dynamics and the potential for sustained returns. The tenant’s lease extension signifies confidence in the location and highlights the property’s attractiveness as a stable income-generating asset.

Moreover, the potential for future development adds another layer of value to Bellair’s investment strategy. As the surrounding area evolves and demand for industrial spaces potentially grows, along with potential alternative uses, the site could offer opportunities for further enhancement or expansion in the long term.

Overall, Bellair’s acquisition demonstrates their strategic approach to investment, balancing long-term income stability with future growth potential.