High Street Retail Unit , 229 Rosemount Place, Aberdeen, AB25 2XS

The subjects comprise a ground floor retail unit with a basement contained within a four-storey end-terraced tenement. The property is of granite construction with a pitched and slate covered roof. The premises benefits from a modern fully glazed frontage and a single recessed entrance door which faces onto Rosemount Place. Internally, the ground floor accommodation benefits from an open plan sales area, a small office and w/c facilities which are located to the rear of the premises. The basement level provides additional space which can be utilised for storage purposes.
( Agency Pilot Software ref: 12448 )

Location

The subjects are prominently positioned on the north side of Rosemount Place, next to its junction with Wallfield Place and Thomson Street. The subjects attract healthy footfall as the surrounding area comprises a mixture of retail, residential and office uses whilst also being in close proximity to Aberdeen’s City Centre

Accommodation

129.93 sqm (1,399 sq ft)

Terms

Rateable Value: The new draft proposed Rateable Value of the subjects is £XXX (formerly £XXX) effective from 1 April 2023. Please note this is draft and may be subject to change under the ongoing Rating Revaluation. The unit qualifies for 100% business rates relief under the Small Business Bonus Scheme. Lease Terms: The properties will be available on full repairing and insuring terms.

Rent: Upon application.

Energy Performance Certificate (EPC): The subjects have an EPC Rating of G.

VAT: We understand from our client that VAT is not payable on the rent.

Legal Costs: Each party will bear their own legal costs incurred in the transaction. The ingoing tenant will be responsible for LBTT and registration dues, where applicable.