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171-173A Union St 3,169 sq ft Retail Unit Offered at £595,000 in Aberdeen AB11 6BB
INVESTMENT HIGHLIGHTS
- Attractive City Centre Investment
- Double fronted retail unit
- Let to Santander UK Plc on an FRI Lease
EXECUTIVE SUMMARY
The premises are located on the south side of Union Street, Aberdeen’s main shopping thoroughfare, between Bridge Street and Crown Street. This is a long established retailing location with significant footfall generated from nearby office developments. Nearby occupiers include Paddy Power, Geek Retreat, Ann Summers, British Red Cross, Barclays, and Boots. The premises is also situated close to Union Terrace Gardens which has just re-opened after a £28.3m refurbishment.
PROPERTY FACTS
| Total Property Size | 7,729 sq ft | Floors | 3 |
| Property Type | Retail (Unit) | Typical Floor Size | 2,576 sq ft |
| Property Subtype | Shopfront Retail / Office | Year Built | 1896 |
| Costar Property Class | B | Total Plot Size | 0.09 ac |
| Total Property Size | 7,729 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Office |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 2,576 sq ft |
| Year Built | 1896 |
| Total Plot Size | 0.09 ac |
AMENITIES
- Security System
1 UNIT AVAILABLE
Unit 171-173
| Unit Size | 3,169 sq ft | Unit Use | Retail |
| Price | £595,000 | Sale Type | Investment |
| Price Per sq ft | £187.76 | Tenure | Freehold |
| Unit Size | 3,169 sq ft |
| Price | £595,000 |
| Price Per sq ft | £187.76 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
The property offers open plan retailing space decorated to a high standard in the tenants’ corporate specifications. Access to the first floor is gained via a single staircase to the rear of the demise, providing stores, staff tea prep and staff w.c facilities.
SALE NOTES
Let to Santander UK Plc Ltd t/a until 31st December 2030 with a tenant break option on the 31st December 2025 on a FRI lease. The passing rent is £57,000pa.
Offers over £595,000 are sought.
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NEARBY MAJOR RETAILERS
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171-173A Union St
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