Prominent City Centre Retail Unit With Car Parking
The subjects comprise a ground floor retail unit forming part of a 2 storey attic & basement, mid-terraced traditional granite building which has been extended to the rear. The subjects also benefit from exclusive car parking spaces at the rear. Tenure Our client is seeking to lease the subjects on a Full Repairing and Insuring basis for a period to be agreed. Any medium to long term lease will provide for upwards only rent reviews at periodic intervals. Rent £ 38,500 per annum Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £41,000 and the rates payable are £19,130.00 pa. The UBR for 2017/2018 is 0.46p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The property is situated on the south side of Union Street, Aberdeen’s main retail thoroughfare, close to its junction with Bon Accord Terrace.