The subjects comprise a single storey mid-terraced retail unit consisting of blockwork walls under a flat felt roof. The modern aluminium shop front allows pedestrian access, with a service entrance to the rear of the unit. Internally, the unit benefits from an open plan sales area, male/females WC’s and tea prep facilities.
Location
Kittybrewster Shopping Centre is located on Clifton Road, adjacent to the junction with Powis Terrace and Great Northern Road. The shopping centre is located approximately 1 mile north-west of Aberdeen City Centre in close proximity to Kittybrewster Retail Park, Berryden Retail Park and the University of Aberdeen campus. Retailers located within the shopping centre include William Hill, Domino’s Pizza, Crown Paints and Ladbrokes. The exact location is shown on the street plan above.
Accommodation
67.35 sq m (725 sq ft)
Terms
We are advised that the subjects are currently entered in the Valuation Roll, from 1 April 2023 as follows: NAV/RV: £12,250 The prospective tenant may qualify for Business Rates relief under the Small Business Bonus Scheme.
Lease Terms: Our client is willing to consider flexible lease terms depending upon covenant strength. Rent: £14,500 per annum, exclusive of VAT, payable quarterly in advance.
Management Fee and Service Charge: It should be noted that any ingoing tenant will be liable for a management fee of 6% of the passing rent for the management of the upkeep of the common areas. Service charge costs will also be applied.
Energy Performance Certificate (EPC): The subjects have an EPC Rating of G. A copy of the EPC and the Recommendation Report can be provided upon request.
VAT: All monies due under the lease will be VAT chargeable at the applicable rate.
Legal Costs: In the normal manner, the ingoing tenant may be responsible for the landlord’s reasonable legal expenses, including any LBTT and registration dues.