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28 Adelphi 1,135 sq ft Retail Unit Offered at £150,000 in Aberdeen AB11 5BL
Investment Highlights
- Granite city centre building
- Basement storage accommodation
- Ground floor commercial unit
Executive Summary
The property forms part of a traditional granite building arranged over four storeys with attic accommodation above ground floor commercial use. The ground floor benefits from a fully glazed frontage and dedicated signage fascia fronting the Adelphi, a small cul-de-sac just off Union Street in Aberdeen city centre. Surrounding uses comprise a mix of commercial occupiers at ground level with residential accommodation above, reflecting the established mixed-use character of the immediate locality.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
The accommodation comprises a fully fitted restaurant arranged at ground floor level within a four-storey and attic granite building. The space provides an open-plan customer seating area accommodating approximately 40 covers, a bar area, customer WCs, and a fully equipped commercial kitchen positioned to the right-hand side of the unit. Finishes include tiled, timber and vinyl flooring with painted plasterboard walls and ceilings. Natural light is provided via the glazed frontage, supplemented by spotlighting. Additional basement storage is accessed via a hatch, with heating provided by electric panel heaters.
Sale Notes
The property is offered freehold at £150,000, reflecting a potential gross yield of approximately 10% based on the quoting rent of £15,000 per annum. The premises are also available to let on a new full repairing and insuring lease of negotiable duration. A premium is payable for kitchen equipment, fit-out and licence, by separate negotiation.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 28 | 1,135 sq ft | Retail | £150,000 (£132.16/sq ft) | - |
Unit 28
| Unit Size |
| 1,135 sq ft |
| Unit Use |
| Retail |
| Price |
| £150,000 (£132.16/sq ft) |
| NOI |
| - |
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Unit 28
| Unit Size | 1,135 sq ft |
| Unit Use | Retail |
| Price | £150,000 (£132.16/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| The accommodation comprises a fully fitted restaurant arranged at ground floor level within a four-storey and attic granite building. The space provides an open-plan customer seating area accommodating approximately 40 covers, a bar area, customer WCs, and a fully equipped commercial kitchen positioned to the right-hand side of the unit. Finishes include tiled, timber and vinyl flooring with painted plasterboard walls and ceilings. Natural light is provided via the glazed frontage, supplemented by spotlighting. Additional basement storage is accessed via a hatch, with heating provided by electric panel heaters.</li></ul> | |
| Sale Notes | |
| The property is offered freehold at £150,000, reflecting a potential gross yield of approximately 10% based on the quoting rent of £15,000 per annum. The premises are also available to let on a new full repairing and insuring lease of negotiable duration. A premium is payable for kitchen equipment, fit-out and licence, by separate negotiation.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 1,135 sq ft | Typical Floor Size | 1,135 sq ft |
| Property Type | Retail (Unit) | Year Built | 1900 |
| Property Subtype | Shopfront Retail / Residential | Tenancy | Single |
| Costar Property Class | C | Total Plot Size | 0.04 ac |
| Floors | 5 |
| Total Property Size | 1,135 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 5 |
| Typical Floor Size | 1,135 sq ft |
| Year Built | 1900 |
| Tenancy | Single |
| Total Plot Size | 0.04 ac |
Amenities
- Restaurant
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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28 Adelphi
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