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Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

SUPER TENANTED INVESTMENT PROPERTY*** Large commercial property approx. 2,211 sq.ft located in BUSY Aberdeen city centre. LET TO EDINBURGH WOOLEN MILL AT £26,875 per annum until July 2026.

TENANTED INVESTMENT OPPORTUNITY*** Currently LET to Edinburgh Woollen Mill on FRI LEASE at £26,875 Per Annum until 1st July 2026.

PRIME LOCATION***HIGH VOLUMES OF PASSING TRADE*** Situated on the south side of Union Street within Aberdeen City Centre.

EXCELLENT TRADING LOCATION*** Nearby occupiers include KFC, British Red Cross, Santander, Greggs, Caffe Nero, Subway and Burger King.

Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness.

SUPER TENANTED INVESTMENT PROPERTY*** Large commercial property approx. 2,211 sq.ft located in BUSY Aberdeen TOWN CENTRE. Ground floor 145.95 sqm (1.571 sq.ft) Bsm 59.46 sqm (640 sq.ft) Total 205.41 sqm (2,211 sq.ft). PRIME LOCATION***HIGH VOLUMES OF PASSING TRADE*** Situated on the south side of Union Street within Aberdeen City Centre. EXCELLENT TRADING LOCATION*** Nearby occupiers include KFC, British Red Cross, Santander, Greggs, Caffe Nero, Subway and Burger King. Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness.

Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow. The city benefits from excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness.

Full Address: 187 Union Street, Aberdeen, AB11 6BB

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until 1st July 2026
Rent: £26,875 per year / £2,240 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £149,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

• 10% Deposit
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
• 4 Weeks Completion or Longer By Agreement
• Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £175,000

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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