Retail in AB24 available for sale
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Retail Properties for Sale near AB24, Aberdeen

Find Retail Property for sale in AB24 that meets your business or investment goals

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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 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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Retail Properties for Sale Within 5 miles of the AB24, Aberdeen

More details for 17 Gallowgate, Aberdeen - Retail for Sale

17 Gallowgate

Aberdeen, AB25 1EB

  • Retail for Sale
  • £230,000
  • 1,895 sq ft
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More details for 28 Adelphi, Aberdeen - Retail for Sale

28 Adelphi

Aberdeen, AB11 5BL

  • Retail for Sale
  • £150,000
  • 1,135 sq ft
  • 1 Unit Available
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More details for 42 Upperkirkgate, Aberdeen - Retail for Sale

42 Upperkirkgate

Aberdeen, AB10 1BA

  • Retail for Sale
  • £70,000
  • 1,397 sq ft
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More details for 83-85 Rosemount Pl, Aberdeen - Retail for Sale

83-85 Rosemount Pl

Aberdeen, AB25 2YE

  • Retail for Sale
  • £100,000
  • 2,268 sq ft
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More details for 60 Union St, Aberdeen - Retail for Sale

60 Union St

Aberdeen, AB10 1BB

  • Retail for Sale
  • £200,000
  • 12,850 sq ft
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FAQs About Retail Property For Sale in AB24

See All Retail Spaces For Sale
How many retail properties are currently available for sale in AB24?
There are currently 2 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in AB24?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the AB24, Aberdeen

With 2 retail units currently available for sale in AB24, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in AB24, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in AB24, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in AB24 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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