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171-177 Union Street, Aberdeen - Picture 2022-10-18-11-40-32
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171-177 Union Street Union Street, Aberdeen, AB11 6BB

Use Class

Use Class

E

Size

Size

2,320 sq ft

Rent pa

Rent pa

POA

Market Sector

Market Sector

High Street Scheme

Description

Excellent fully let retail investment opportunity on Aberdeen’s traditional High Street.

The units are located within the heart of Union Street the City’s traditional commercial thoroughfare, in close proximity to the busy Union Street / Union Terrace junction and close to Union Terrace Gardens, currently benefitting from a circa £30M major regeneration. The City’s Shopping Centres are all within walking distance as are the rail and bus stations.

Location

Aberdeen is Scotland's third largest city having a resident population of approximately 220,000. The city provides the principal commercial and shopping facilities in the North East of Scotland serving a catchment population in excess of 500,000.

Union Street is the main retail thoroughfare in the city. The property is located on the south side of Union Street in a good trading position between its junctions with Bridge Street and Crown Street. Occupiers in the vicinity include Ann Summers, Santander, Sally Salon Services, KFC, Lakeland, Cafe Nero, Betfred and Flight Centre

Key Information

Viewing

Viewing is strictly by arrangement with the sole letting agent to whom all offers should be submitted in Scottish Legal Form.

Accommodation

2,320 Sq.Ft

Financial

Lease Term

The property is available on Full Repairing and Insuring terms for a period to be agreed. Any longer term leases will incorporate periodic upward only rent reviews.

Rent

On application.

Rates

Any ingoing tenant will have the right to appeal the Rateable Value and may also be entitled to relief from rates under the various schemes currently available. Interested parties should verify all rating figures with the Local Authority.

Costs

Each party will be responsible for their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any LBTT and registration dues applicable.

Rates

Rateable Year:
2020
Rateable Value:
£38,750.00
Rates payable:
£18,988.00

Sustainability

Energy Performance Certificate

D
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Energy Performance Certificate Information

A copy of the full Energy Performance Certificate and Recommendation Report is available from the letting agent.

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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