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22 Rubislaw Terrace Aberdeen
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Description
***INCOME PRODUCING £49k pa INVESTMENT SUPERB 25% YIELD AT GUIDE PRICE***Tenanted office premises set over 4 floors within a mid-terraced townhouse in located in Rubislaw Terrace, Aberdeen.
THE WHOLE BUILDING & COACHHOUSE/PARKING AREA TO THE REAR IS INCLUDED IN THE LOT. The property is arranged over 4 floors within a mid-terraced town house of traditional granite and slate construction.
Approx. (RICS) Net Internal Areas: 292.8m² 2348.69sq ft. Current let to Michael Gilmour Associates, Kee Solicitors, Airhost Ltd, Carden Studios Ltd, Carden Project Management.
Let's are mostly short term between 18 months to 5 years. Nearby occupiers include Arch Henderson, Brewin Dolphin and Apollo Engineering.
The property benefits from a total ratable value of £46,950. Surrounding amenities include Parx Cafe, Amuse by Kevin Dalgliesh, No 10 Bar & Restaurant, The Albyn, Tesco Express, Sainsburys Local.
***INCOME PRODUCING £49k pa INVESTMENT SUPERB 25% YIELD AT GUIDE PRICE***Tenanted office premises set over 4 floors within a mid-terraced townhouse in located in Rubislaw Terrace, Aberdeen. ALL RENT IS UP TO DATE. THE WHOLE BUILDING & COACHHOUSE/PARKING AREA TO THE REAR IS INCLUDED IN THE LOT. The property is arranged over four floors within a mid-terraced town house of traditional granite and slate construction. Secure entry doorways. Rear suite has tea prep area. Two Vacant Suites on the second floor could be let to add further income. Let's are mostly short term between 18 months to 5 years. Nearby occupiers include, Arch Henderson, Brewin Dolphin and Apollo Engineering. Approx. (RICS) Net Internal Areas: 292.8m² 2348.69sq ft. Approx. (RICS) Net Internal Areas: 292.8m² 2348.69sq ft. Current let to Michael Gilmour Associates, Kee Solicitors, Airhost Ltd, Carden Studios Ltd, Carden Project Management. The property benefits from a total ratable value of £46,950.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 5 years
Rent: £49,000 per year / £4,083 per month
Yield: 25% (approx)
Tenant: Private Individual
Notes: Let's are mostly short term between 18 months to 5 years. Please refer to the Legal Pack.
Maps & Location
Map Street View SatelliteThe property is located on Rubislaw Terrace near the junction with Albyn Grove, in the heart of the well established and prestigious West End office district in Aberdeen. It is home to the majority of the City's professional service firms and a vibrant mix of other occupiers including some major oil and gas companies. The property benifits from some superb local facilities and amenities due to its proximity to the City Centre. Near by amenity includes Parx Cafe, Amuse by Kevin Dalgleish, No 10 Bar and Restaurant, The Albyn, Tesco Express, Sainsbury's Local and Cognito a the Cross.
Document Downloads
Pricing Information & Bidding
Opening Bid: £200,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
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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 for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 22Rubislaw Terrace, Aberdeen