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Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

PRIME TENANTED INVESTMENT OPPORTUNITY*** Large tenanted commercial unit located in the heart of Aberdeen City Centre. IMMEDIATE RENTAL INCOME OF £15,000 PER ANNUM***

Ground and Basement floor extending to approx. 1,110 sq.ft (103.12 sqm). Currently LET to Ultra Mobile Solutions on FRI LEASE until January 2025 at £15,000 Per Annum.

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

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

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.

PRIME TENANTED INVESTMENT OPPORTUNITY*** Large tenanted commercial unit located in the heart of Aberdeen City Centre. IMMEDIATE RENTAL INCOME OF £15,000 PER ANNUM*** EXCELLENT TRADING LOCATION*** Nearby occupiers include KFC, British Red Cross, Santander, Greggs, Caffe Nero, Subway and Burger King. HIGH VOLUMES OF PASSING TRADE*** Situated on the south side of Union Street within Aberdeen City Centre. 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: 185 Union Street, Aberdeen, AB11 6BB

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until January 2025
Rent: £15,000 per year / £1,250 per month
Yield: 14% (approx)
Tenant: Company
Notes:

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Pricing Information & Bidding

Opening Bid: £106,000

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 = £124,000

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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