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175 Union St 2,040 sq ft Retail Unit Offered at £375,000 in Aberdeen AB11 6BB
INVESTMENT HIGHLIGHTS
- Prime City Centre
- Let To Paddy Power
- Busy Thoroughfare
EXECUTIVE SUMMARY
The property comprises a mid-terraced retail space within a mixed use development of traditional granite construction surmounted by a pitched roof. Benefitting from a prominent frontage, the property offers dual display windows flanking the partially recessed frontage of aluminium framed and glazed construction.
PROPERTY FACTS
| Total Property Size | 6,627 sq ft | Typical Floor Size | 2,209 sq ft |
| Property Type | Retail (Unit) | Year Built | 1908 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 0.09 ac |
| Costar Property Class | B | Parking Allocation | 1.66/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 6,627 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 2,209 sq ft |
| Year Built | 1908 |
| Total Plot Size | 0.09 ac |
| Parking Allocation | 1.66/1,000 sq ft |
AMENITIES
- Storage Space
1 UNIT AVAILABLE
Unit 175
| Unit Size | 2,040 sq ft | Unit Use | Retail |
| Price | £375,000 | Sale Type | Investment |
| Price Per sq ft | £183.82 | Tenure | Freehold |
| Unit Size | 2,040 sq ft |
| Price | £375,000 |
| Price Per sq ft | £183.82 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
The property comprises a mid-terraced retail space within a mixed use development of traditional granite construction surmounted by a pitched roof.
Benefitting from a prominent frontage, the property offers dual display windows flanking the partially recessed frontage of aluminium framed and glazed construction.
Internally the property is fitted out in accordance with the tenants corporate specifications with floors overlaid in laminated timber with lighting provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling.
The property has been partitioned to offer customer w.c and staff counter, with the basement floor accessed via a single staircase to the rear of the demise. The basement offers staff facilities, office and stores.
SALE NOTES
The property is held on a full repairing and insuring head lease on the following terms:
Tenant: Power Leisure Bookmakers Ltd t/a Paddy Power
Expiry: 18th November 2027
Passing Rent: £35,000p.a.x
Covenant: Power Leisure Bookmakers Limited
NEARBY MAJOR RETAILERS
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175 Union St
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