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181B Union St 1,350 sq ft Retail Unit Offered at £235,000 in Aberdeen AB11 6BB
INVESTMENT HIGHLIGHTS
- Prime city centre location
- The subjects are located within the heart of Union Street
- Prominent frontage
EXECUTIVE SUMMARY
Prominent Location on Union Street near the busy Union Terrace junction. Neighbouring occupiers include Murkur Amusements, Barclays Bank, Cafe Nero and Sally Beauty.
PROPERTY FACTS
| Total Property Size | 19,911 sq ft | Typical Floor Size | 3,982 sq ft |
| Property Type | Office (Unit) | Year Built | 1876 |
| Costar Property Class | C | Total Plot Size | 0.14 ac |
| Floors | 5 |
| Total Property Size | 19,911 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | C |
| Floors | 5 |
| Typical Floor Size | 3,982 sq ft |
| Year Built | 1876 |
| Total Plot Size | 0.14 ac |
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Storage Space
1 UNIT AVAILABLE
Unit 181B
| Unit Size | 1,350 sq ft | Tenure | Freehold |
| Price | £235,000 | Net Initial Yield | 13.79% |
| Price Per sq ft | £174.07 | NOI | £32,400 |
| Unit Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 1,350 sq ft |
| Price | £235,000 |
| Price Per sq ft | £174.07 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 13.79% |
| NOI | £32,400 |
| Sale Conditions | Auction Sale |
DESCRIPTION
Let to Coral Racing Limited on a lease expiring 2031 (No breaks). The tenant has recently extended the lease showing commitment to site.
SALE NOTES
Heritable Betting Office Investment Well Located on Union Street, Aberdeen Let to Coral Racing Limited until 2031 with no breaks Investment let at £32,400 pa.
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181B Union St
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