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17-19 Windmill Brae 19,429 sq ft Retail Property Aberdeen AB11 6HU £350,000 (£18.01/sq ft)
Investment Highlights
- Substantial Property
- Passing Rent: £50,000p.a
- Held on F.R.I Lease
Executive Summary
The property is let to OGV Taprooms Limited on a Full Repairing and Insuring Lease which is subject to a Schedule of Condition.
The lease expires on 17th December 2028 at a current passing rent £50,000pa. OGV Taproom has been developed by the team at OGV Energy a well-established media group within the energy industry.
The subject property comprises leisure premises arranged over the lower ground floor, upper ground floor and part of the first floor of a substantial four storey and attic building constructed of granite under a pitched and slated roof.
Lower Ground Bar
The accommodation comprises a bar area (accessed Windmill Brae) with fitted seating and a bar servery, male and female customer toilets, a commercial kitchen area and cellar areas.
Upper Ground Bar
This area can be accessed off Windmill Brae or Bridge Street and comprises a bar area with numerous seating areas, bar servery areas, store rooms, with male and female customer toilets and office area at first floor level. The tenant has also fitted out self service beer taps.
The lease expires on 17th December 2028 at a current passing rent £50,000pa. OGV Taproom has been developed by the team at OGV Energy a well-established media group within the energy industry.
The subject property comprises leisure premises arranged over the lower ground floor, upper ground floor and part of the first floor of a substantial four storey and attic building constructed of granite under a pitched and slated roof.
Lower Ground Bar
The accommodation comprises a bar area (accessed Windmill Brae) with fitted seating and a bar servery, male and female customer toilets, a commercial kitchen area and cellar areas.
Upper Ground Bar
This area can be accessed off Windmill Brae or Bridge Street and comprises a bar area with numerous seating areas, bar servery areas, store rooms, with male and female customer toilets and office area at first floor level. The tenant has also fitted out self service beer taps.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
19,429 sq ft
Costar Property Class
B
Year Built
1899
Price
£350,000
Price per sq ft
£18.01
Tenancy
Single
Number of Floors
5
Plot ratio
2.16
Total Plot Size
0.21 ac
Amenities
- Security System
1 1
Nearby Major Retailers
1 of 7
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17-19 Windmill Brae
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