167-169 Union Street

167-169 Union Street
£ 90,000 / annum

Published on December 10, 2014

Building:
Prominent Retail Unit. (Possible Sub-Division)
Address:
167-169 Union Street
Postcode / City:
AB11 6BB Aberdeen
Type:
LET
Info PDF:
Download
Square Feet:
2,798

Description

PROMINENT RETAIL UNIT (POSSIBLE SUB-DIVISION)

The property comprises a ground and lower ground floor unit within a 3 storey attic and basement building of substantial granite construction with a slate covered roof.

LOCATION

The property occupies a prominent corner site on the south side of Union Street at its junction with Bridge Street. Union Street is Aberdeen’s principal shopping thoroughfare and nearby traders include Santander, The Woolwhich, Waterstones and Paddy Power.

Aberdeen is Scotland’s 3rd city with a population in the region of 210,000, a total catchment of 500,000 and boasts one of the most prosperous economies within the UK.

The location is as shown on the street traders plan opposite for identification purposes only.

ACCOMMODATION

The following accommodation is provided:

    Net Internal Area
Ground Floor    
Sales area, fitting room, office   144.28 m2 (1553 sq.ft.)
Mezzanine    
Staff room   12.08 m2 (130 sq.ft.)
Basement    
Sales area   74.32 m2 (800 sq.ft.)
Storage, Male and female toilets   29.26 m2 (315 sq.ft.)
TOTAL   259.94 m2 (2798 sq.ft.)

 

SUB-DIVISION

It may be possible to sub-divide the property to provide a ground floor unit of 69.7m2 (750 sq.ft.) and a corner unit of 72.5m2 (780 sq.ft.) plus the basement as above.

SERVICES

All main services are installed.

RATING ASSESSMENT

The property is entered in the current Valuation Roll at £86,500. The uniform business rate for 2012/2013 is 45.0p in the £.

RENTAL

£90,000 per annum exclusive..

RENTAL

A rent free period of six months will be granted to facilitate the tenant’s fit-out.

LEASE TERMS

The property is offered on a new full repairing and insuring lease incorporating rent reviews at appropriate intervals.

V.A.T.

All figures quoted are exclusive of Value Added Tax.

ENTRY

On completion of legal formalities.

E.P.C.

Band G.

LEGAL COSTS

All legal costs incurred in the preparation of the lease including SDLT and registration dues shall be borne by the ingoing tenant in the normal manner.

OFFERS & VIEWING

All offers should be submitted in writing to the sole agents who will also make arrangements to view.

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