64 Skene Street

64 Skene Street
£ 80,000

Published on July 17, 2017

Building:
64
Address:
Skene Street
Postcode / City:
AB10 1QE Aberdeen
Type:
FOR SALE
Info PDF:
Download
Square Feet:
350

Description

VAT FREE RETAIL INVESTMENT

The property occupies part of the ground and basement floors within a substantial granite tenement with a pitched and slate covered roof.

LOCATION

The property occupies a prominent location on the north side of Skene Street close to the junction with Rosemount Viaduct and only a few hundred yards from Union Street, Aberdeen’s principal shopping thoroughfare.

Aberdeen is Scotland’s third city known as the oil capital of Europe, with a population of 215,000 and has one of the most dynamic economies in the UK.

ACCOMMODATION

The following accommodation is provided:

  Net Internal Area

Ground Floor
Office/retail, toilet, storage   

Basement
Office/retail/storage, toilet                     


18.6 sq m (200 sq ft)

13.94 sq m (150 sq ft)

Total 32.54 sq m (350 sq ft)

 

SERVICES

All main services are installed.

RATING ASSESSMENT

The property is entered in the valuation roll as follows:

Net & Rateable Value – £3,600

LEASE TERMS

The property is currently leased to Scalp Aesthetics Aberdeen Limited from 7th November 2015 to 26th November 2020 on full repairing and insuring terms subject to a schedule of condition at a rental of £7,500 per annum.

PRICE

£80,000 which will show a purchaser a return of 9.38% before costs.

VAT

No VAT is payable.

ENTRY

On completion of legal formalities.

EPC

The property has an EPC rating of G. Further details are available on request.

OFFERS & VIEWINGS

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

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