Nexen House and Trafalgar House, Altens, Aberdeen

Two modern office buildings constructed in 1990 and 1985 and recently refurbished, comprising 95,000 sq. ft. Located at Altens, the premier business park 3 miles south of Aberdeen city centre. The buildings are well let on long leases and benefit from excellent car parking. They are held as an income-producing asset. The acquisition included an adjacent development site with consent for 64,000 sq. ft. of new offices, subsequently sold in excess of business plan.