Newly refurbished industrial unit with offices and designated parking.
( Agency Pilot Software ref: 12247 )
Location
Ann Street is located approximately 1 mile north of Union Street and runs between Hutcheon Street and Maberley Street. The property is situated on the western side of Ann Street at its junction with Novar Place. The property is well located for access to the City Centre and King Street, Great Northern Road and Westburn Road, whilst also affording easy access to the north and west of the city. Surrounding occupiers include: Aberdeen Property Leasing, Repro Overflow, Williams Ironmongery, Barry Stephen Personal Training, Aberdeen Sewing Machines and Mitchell’s Detailing Aberdeen Ltd.
Accommodation
Ground Floor Office 92 sq m (986 sq ft)
Mezzanine 88 sq m (947 sq ft )
Warehouse 212 sq m (2,286 sq ft)
TOTAL: 392 sq m (4,219 sq ft)
Terms
RATEABLE VALUE The subjects are entered in the current Valuation Roll, as follows: - NAV/RV: £39,000, effective from 1 Apr 2017. Any ingoing tenant may qualify for 100% rates relief in Year 1 under the Fresh Start Relief scheme. The subjects is required to be reassessed following completion of the recent refurbishment.
RENT £32,000 per annum. All rents are exclusive of VAT and payable quarterly in advance.
LEASE TERMS Our clients are seeking to lease the premises for a minimum term of 5 years. Any medium / long term lease would provide for periodic upward only rent reviews. EPC RATING The subjects have an EPC Rating of D. A copy of the EPC and Recommendations Report can be provided upon request.
VAT Unless otherwise stated, all prices, premiums and rents quoted are exclusive of Value Added Tax (VAT). Any prospective tenant must satisfy themselves as to the incidence of VAT in respect of any transaction.
LEGAL COSTS In the usual manner, the ingoing tenant will pay the landlord’s reasonably incurred legal expenses, as well as any applicable SDLT and registration dues.
ENTRY Immediate, upon the conclusion of legal formalities.