The subjects comprise a ground floor retail unit within a traditional, mid-terraced five storey and mansard building of granite construction with a pitched and slate covered roof. The upper floors are separately demised.
Internally, the ground floor accommodation comprises a main sales area, which is open plan and benefits from a large window frontage. The rear of the unit benefits from an accessible WC and kitchenette.
Location
The property is prominently located on the north side of Union Street, Aberdeen’s main commercial thoroughfare, close to its junction with Market Street. The unit is directly opposite what is recognised as the prime pitch of Union Street, and is anchored to the east by the St Nicholas and Bon Accord shopping centres, the Trinity Centre to the west, and Union Square to the south.
Surrounding occupiers comprise a mix of retail, professional services and leisure use and include Timpson, Sports Direct, Peterkins, Clydesdale Bank, Virgin Money, Attic, Tesco Express, Greggs, McDonald’s, Popeyes and Taco Bell.
Accommodation
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a net internal (NIA) and extend to the following approximate areas:
Ground Floor - 92.15 sq m (992 sq ft)
Terms
LEASE TERMS - The premises are available by way of a new Full Repairing and Insuring lease. Any medium to long term lease will provide for upwards only rent reviews at periodic intervals.
RENT - £27,500 per annum, exclusive of VAT.
RATEABLE VALUE - £32,250, effective from 1st April 2023.
EPC - Full documentation can be provided upon request.
LEGAL COSTS - Each party shall be responsible for their own legal costs incurred in the transaction. The ingoing occupier will be responsible for LBTT and registration dues, if applicable.