High Street Retail Property to Rent, 475 Union Street, , AB11 6DB - CBRE

Overview

To Let

The subject property comprises a double fronted ground floor retail unit forming part of 'Holburn House', a 1980's constructed five storey office building, which is currently undergoing a comprehensive refurbishment programme. The unit is highly prominent with a near 20ft frontage onto Union Street. Accommodation is arranged over ground floor only with an open plan retail sales area and counter. Customer toilets and staff facilities are also provided. Energy Efficiency Rating is G. Energy Perfomance Certificate available on request. Tenure The premises are available by way of an assignment of the existing lease expiring 1st March 2026. Alternatively, the premises are available by way of a sub-lease for a minimum termof 5 years. Rent £58,750 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £53,000.00 and the rates payable are £27,083.00 pa. The UBR for 2020/2021 is 51.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Aberdeen is Scotland's Union Street is the prime retail thoroughfare in Aberdeen City Centre and the subject property is located at the Western End of the Street close to the prominent Holburn junction so benefits from a high volume of footfall and passing trade. There is an attractive mix of local and national occupiers including Tesco Express, Greggs, Cafe Nero and Sainsburys Local.

Sizes and Measurements

Total Size

2,540sqft

Sales Area

2,540sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,540sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

01/03/2026

Lease type

Assignment

For rent

£58,750/pa

UBR

51.6p

Rateable Value

£53,000.00

Business Rates

£27,348/pa

Floorplan

475 UNION ST AB GOAD

Photos

475 UNION STREET