62 Market St | Aberdeen AB11 5PJ
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- LoopNet Team
62 Market St
Aberdeen AB11 5PJ
The Exchange · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Very prominent city centre location with striking views over Aberdeen harbour
- Total current rental income of £930,320 per annum
- Asset management opportunities via lease regears and new lettings
- WAULT of 2.9 years to expiry (2.6 years to break)
- Low capital rate of £54.40 per sq ft provides an excellent opportunity to add value and create profit
- Approximate total floor area of 82,726 sq ft (7,685 sq m)
- Low risk tenants with a range of vacant refurbished suites
- Heritable interest (Scottish equivalent of English Freehold)
- Offers in excess of £4,500,000 are invited, reflecting a net initial yield of 19.40%
PROPERTY FACTS
Property Type
Office
Property Size
82,586 sq ft
Costar Property Class
B
Year Built
1988
Occupancy Rate
54%
Tenancy
Multiple
Number of Floors
9
Typical Floor Size
9,192 sq ft
Plot ratio
0.90
Total Plot Size
2.11 ac
Parking
20 Spaces (0.24 Spaces per 1,000 sq ft Leased)
AMENITIES
- Raised Floor
- Security System
- Waterfront
- EPC - E
- DDA Compliant
- Demised WC facilities
- Lift Access
- Open-Plan
- Suspended Ceilings
- Air Conditioning
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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