Commercial Property in AB24 available for sale
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Commercial Properties for Sale in AB24, Aberdeen

Find commerical property for sale in AB24 that meets your business or investment goals

More details for 415 Great Northern Rd, Aberdeen - Retail for Sale

415 Great Northern Rd

Aberdeen, AB24 2EU

  • Retail for Sale
  • £100,000
  • 2,756 sq ft
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More details for 42A Seaforth Rd, Aberdeen - Industrial for Sale

42A Seaforth Rd

Aberdeen, AB24 5PU

  • Industrial for Sale
  • Price Upon Request
  • 4,508 sq ft
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More details for Beach Esplanade, Aberdeen - Retail for Sale

Beach Esplanade

Aberdeen, AB24 5NS

  • Retail for Sale
  • £1,400,000
  • 49,902 sq ft
  • Security System
  • Waterfront
  • Wheelchair Accessible

Aberdeen Retail for Sale

Offers over £1,400,000 (ONE MILLLION, FOUR HUNDRED THOUSAND POUNDS STERLING) are invited, reflecting a 9.23% net initial yield after allowing for standard purchasers costs of 5.98%. The property comprises a substantial leisure facility arranged over basement, ground and first floor levels. There is a roof terrace overlooking the beachfront above a single storey element of the building. Internally, the property comprises open plan, leisure space comprising of inflatable sections for varying ages at ground level together with a large café/seating area, reception and WCS. The first floor has been extensively fitted out in 2022 at an approximate cost of £300,000 to include a new bar/restaurant complete with corporate entertainment activities to include interactive dart boards, axe throwing, putting as well as a private function bar/room for corporate events/birthday parties. The basement floor is used for storage and office space as well as further WC facilities. There is a lift that services the ground and first floor levels. The subjects were initially held on a ground lease between Aberdeen City Council (Landlord) and John Codona’s Holiday Inn Limited (Head Tenant) from 28 May 1993 for an initial term of 34 years to 27 May 2027. The lease was assigned to The Noble Leisure Company Limited (Head Tenant) on 3 July 2003. The original lease was varied in June 2001 to permit the tenant the option to extend the lease for three further periods of 34 years from 28 May 2027, 34 years from 28 May 2061 and 29 years from 28 May 2095 with the potential lease expiry 27 May 2124. The rent was agreed at £28,000 per annum. There is a sub-lease in place between the Head Tenant and Pinz Bowling Limited from 1 May 2018 for a period of 15 years with expiry due 30 April 2033 at a current passing rent of £165,000 per annum. The lease is held on Full Repairing & Insuring terms. The net income received is £137,000 per annum. The sub-tenant has a pre-emptive right to purchase on receipt of any offer agreed between the Head Tenant and a third party. The sub-tenant has one month to exercise said option once presented with an offer deemed acceptable to the Head Tenant.

Contact:

Sheridan Keane Real Estate Investment

Date on Market:

29/04/2025

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FAQs About Commercial Property For Sale in AB24

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How many commercial properties are currently available for sale in AB24?
There are currently 5 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in AB24?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the AB24, Aberdeen

You searched for commercial property for sale in AB24. Explore 5 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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