7 Victoria Street

7 Victoria Street
£ 350,000 / £30,000

Published on April 26, 2017

Building:
7 Victoria Street
Address:
Victoria Street
Postcode / City:
AB10 1QW Aberdeen
Type:
LET
Info PDF:
Download
Square Feet:
1,683

Description

SELF CONTAINED WEST END OFFICE BUILDING WITH CAR PARKING

The property comprises an end-terrace office building arranged over ground, first and second floors of granite construction with a pitched and slate covered roof.
There is also a rear extension of similar design with harled block walls and slate covered roof.

LOCATION

The property is located on the east side of Victoria Street at the junction with Thistle Place within the heart of Aberdeen’s west end office location favoured by many professional firms and oil service companies.

Union Street, Aberdeen’s principal shopping thoroughfare, is within easy walking distance and the location is as shown on the plan opposite for identification purposes only.

Aberdeen is Scotland’s third city known as the oil capital of Europe, and boasts one of the lowest unemployment rates within the UK.

ACCOMMODATION

The following accommodation is provided;
 

  NET INTERNAL AREAS

Ground Floor
Reception; 3 offices; male and female
toilets                                                                               

58.43 sq m (629 sq ft)

First Floor 
3/4 offices; kitchenette

57.04 sq m (614 sq ft)

Second Floor    
3 offices; storage              

40.88 sq m (440 sq ft)
Total 156.35 sq m (1,683 sq ft)

 

SERVICES

All main services are installed. Heating is by electric panels.

RATING ASSESSMENT

The property is entered in the current valuation roll as follows:

Net & Rateable Value – £42,000 (proposed).

The Uniform Business Rate for the year 2017/2018 is 49.2p in the £.

An appeal has been lodged against the proposed Net & Rateable Value.

CAR PARKING

An adjacent car park for 6 vehicles is accessed from Thistle Place.

LEASE TERMS

The property is offered on a new standard Full Repairing and Insuring lease for a minimum period of 5 years. 

RENTAL

£30,000 per annum (reduced from £40,000 per annum).

PRICE

Offers in the region of £350,000 (reduced from £475,000).

VAT

All figures quoted are exclusive of Value Added Tax.

GROUND TENURE

Freehold.

ENTRY

By arrangement.

EPC

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

LEGAL COSTS

Each party will be responsible for their own legal costs in connection with the transaction with the ingoing tenant/purchaser liable for LBTT and registration dues in the normal manner. 

OFFERS & VIEWINGS

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

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