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1-7 East Craibstone St 10,422 sq ft Office Property Aberdeen AB11 6YQ £800,000 (£76.76/sq ft)

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INVESTMENT HIGHLIGHTS

  • Long-term tenant
  • High variety of local amenities

EXECUTIVE SUMMARY

The opportunity comprises of traditional granite and slate townhouses located on East Craibstone Street along with a further attached building at 30 Bon Accord Street, all of which is used for office purposes and inter-connected.
East Craibstone Street is used as the main reception and offices for the occupier.
Relevant details:
- Let to James & George Collie LLP
- Lease expires 30th September 2039, subject to tenant only break option on 30th September 2034
- Passing rent of £95,000 pa, subject to a rental reduction spread over the first five years of the lease
- Five-yearly rent reviews
- FRI terms, reduced repairing obligation over term of the lease
- Tenant has been in occupation since 1924

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
10,422 sq ft
Costar Property Class
B
Year Built
1715
Price
£800,000
Price per sq ft
£76.76
Tenancy
Single
Number of Floors
4
Typical Floor Size
3,385 sq ft
Plot ratio
4.10
Total Plot Size
0.06 ac

AMENITIES

  • Security System
  • Storage Space
  • Listing ID: 38667006

  • Date on Market: 05/12/2025

  • Last Updated:

  • Address: 1-7 East Craibstone St, Aberdeen AB11 6YQ

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