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Former Envy 11 Market St 6,358 sq ft Vacant Retail Property Aberdeen AB11 5PY £190,000 (£29.88/sq ft) 12.63% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Potential Development Opportunity in Upper Floors
- Situated on the east side of Market Street
- Central Location Opposite New Aberdeen Market
EXECUTIVE SUMMARY
£190,000 is sought for the clients interest in the premises. The subjects are currently let to S&G Aberdeen Limited (SC387715) at an annual rent of £24,000 per annum. The subjects can be made available to a new operator to purchase as Vacant Possession
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
6,358 sq ft
Costar Property Class
B
Year Built
1889
Price
£190,000
Price per sq ft
£29.88
Yield
12.63%
NOI
£24,000
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
5
Plot ratio
4.54
Total Plot Size
0.03 ac
Frontage
38 ft on Market St
AMENITIES
- Security System
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Internally the basement has male and female toilets, beer cellar, stores and tank. Ground floor comprise of bar area, disabled toiler and store. First floor dining area, kitchen, staff room, staff toilets, store and boiler room. Second floor and attic includes ancillary storage.
| Space | Size | Space Use | Position | Available |
| 11 | 1,399 sq ft | Retail | In-Line | Sep 2026 |
11
| Size |
| 1,399 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Sep 2026 |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
11
| Size | 1,399 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Sep 2026 |
Internally the basement has male and female toilets, beer cellar, stores and tank. Ground floor comprise of bar area, disabled toiler and store. First floor dining area, kitchen, staff room, staff toilets, store and boiler room. Second floor and attic includes ancillary storage.
1 1
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Former Envy | 11 Market St
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