18-22 Market Street

18-22 Market Street
£42,500 / annum

Published on September 9, 2020

Building:
18-22 Market Street
Address:
Market Street
Postcode / City:
AB11 5PL Aberdeen
Type:
TO LET
Info PDF:
not available
Square Feet:
3,982

Description

RETAIL UNIT TO LET

The property occupies part of the ground and lower ground floor floors within a three storey, attic and double lower ground building of substantial granite and slate construction.

LOCATION

The property occupies a prominent corner site on the west side of Market Street with return frontage to Hadden Street and only 75 metres south of the junction with Union Street, Aberdeen’s principal shopping thoroughfare.

Nearby occupiers include Lush, HSBC, Café Nero, Marks and Spencer and Sports Direct. The site is also in close proximity to the Union Square, St Nicholas and Bon-Accord Shopping Centres.

Aberdeen is Scotland’s third city, the oil capital of Europe, with a population in the region of 228,000 and one of the most dynamic economies in the UK.

ACCOMMODATION

The following accommodation is provided:

Net Internal Areas
Ground Floor
Sales area, office, staffroom
210 m2 (2,260 sq ft)
Lower Ground Floor
Storage, male and female toilets
160 m2 (1,722 sq ft)
Total 370 m2 (3,982 sq ft)

SERVICES

All mains services are installed.

RATING ASSESSMENT

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

Net & Rateable Value – £34,500.

The Uniform Business Rate for the year 2020/2021 is 49.8p in the £.

LEASE TERMS

The property is offered on a new full repairing and insuring lease for a period to be negotiated incorporating upward only rent reviews at appropriate intervals.

RENTAL

£42,500 per annum, exclusive.

VAT

All figures quoted are exclusive of Value Added Tax.

EPC

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

ENTRY

On completion of legal formalities.

LEGAL COSTS

Each party will be responsible for their own legal costs in connection with the lease with the 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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