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TENANTED INVESTMENT PROPERTY*** Large tenanted commercial unit located within Aberdeen Town Centre. IMMEDIATE RENTAL INCOME - £12,600 Per Annum.
IMMEDIATE RENTAL INCOME - £12,600 Per Annum. EXCELLENT TRADING LOCATION in BUSY Aberdeen town centre.
Super location with high levels of passing trade. Excellent Investment Opportunity***
Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow.
TENANTED INVESTMENT PROPERTY*** Large tenanted commercial unit located within Aberdeen Town Centre. IMMEDIATE RENTAL INCOME - £12,600 Per Annum. Comprises; Main sales area, back shop and basement. There is a stud wall separating front and back shop which was erected for previous tenant. This wall can easily be removed to provide larger area. The front has double fronted windows either side of door. No rates payable. SUBSTANTIAL ground floor commercial premises extending to approx. 1191.56 sq.ft (110.70 sq.m). IMMEDIATE RENTAL INCOME - £12,600 Per Annum. EXCELLENT TRADING LOCATION in BUSY Aberdeen town centre with high volumes of passing trade. Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow.
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. In addition, the city is connected to the national rail network with direct services to London Kings Cross. Aberdeen International Airport is approximately 9.6 km (6 miles) north-west of the city centre and is used by around 3 million passengers a year for scheduled and charter holiday flights. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce. Alongside continued investment in energy, life sciences, tourism and hospitability, food, drink and agriculture, digital and the creative sectors are industries on the rise.
Full Address: 12 King Street, Aberdeen, AB24 5AX
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Map Street View SatelliteTenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £12,600 per year / £1,050 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:
Document Downloads
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
Pricing Information & Bidding
Opening Bid: £94,000
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
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Auction Details
Type: Timed Online Auction
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