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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

MIXED USE INVESTMENT OPPORTUNITY****Current passing rent of £59,820 per annum SUPERSIZED PROPERTY 7,463 Sq ft (693.34 Sq m) Planning permission granted for 2nd & 3rd floor residential conversion.

Ground floor & Basement - Tenant: Yorokobi FRI Lease @ £20,000 pa Tenant: Hair Salon FRI Lease @ £7,800 pa (2 parking spaces included)

First Floor 3 Bed Apartment £11,700 per annum on a private residential tenancy agreement (Includes one parking space) Second Floor Office Tenant: Findlay Brown Limited FRI Lease @ £13,320

Third floor Office Suite Currently vacant and marketed at £8,500 per annum (Including two parking spaces) Planning permission (210568/DPP) granted on 26/04/2021 for conversion to two bedroom flat

INCOME PRODUCING INVESTMENT OPPORTUNITY*** Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location.

MIXED USE INVESTMENT OPPORTUNITY****Current passing rent of £59,820 per annum SUPERSIZED PROPERTY 7,463 Sq ft (693.34 Sq m) Planning permission granted for 2nd & 3rd floor residential conversion. Ground floor & Basement - Tenant: Yorokobi FRI Lease @ £20,000 pa Tenant: Hair Salon FRI Lease @ £7,800 pa (2 parking spaces included) First Floor 3 Bed Apartment £11,700 per annum on a private residential tenancy agreement (Includes one parking space) Second Floor Office Tenant: Findlay Brown Limited FRI Lease @ £13,320 Third floor Office Suite Currently vacant and marketed at £8,500 per annum (Including two parking spaces) Planning permission (210568/DPP) granted on 26/04/2021 for conversion to two bedroom flat. INCOME PRODUCING INVESTMENT OPPORTUNITY*** Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location.

berdeen city centre is an attractive location for professionals working in the city centre. The surrounding area is host to various shops such as a post office, pharmacy, bakery and restaurants. The city of Aberdeen has great amenities with two well-known Universities, an airport, excellent rail and bus services and one of Scotland’s best shopping facilities. Huntly Street is a popular central location situated only a short walk from Union Street and accordingly pubs, clubs, restaurants and leisure facilities are all close to hand. Given the properties central location public transport services to most parts of the city area readily available.

Full Address: 51-53 Huntly Street, Full Building Mixed Use Portfolio, Aberdeen, AB10 1TH

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Map & Location

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Special Terms of Sale

  • Buyers Fee (?) 1% of Sale Price (Minimum of £3250 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling
Rent: £59,820 per year / £4,985 per month
Yield: 15% (approx)
Tenant: Company
Notes: Tenant: Yorokobi FRI Lease @ £20,000 pa Tenant: Hair Salon FRI Lease @ £7,800 pa (2 parking spaces included) Firs Floor Apartment £11,700 per annum on a private residential tenancy agreement (Includes one parking space) Second Floor Office Tenant: Findlay Brown Limited FRI Lease @ £13,320 Third floor Office Suite Currently vacant and marketed at £8,500 per annum (Including two parking spaces)

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Pricing Information & Bidding

Guide Price: £428,000


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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 02 May 2025, 12pm
Type: Deadline for Offers

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