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Marketed by
409 Union Street Aberdeen, AB11 6DA
Use Class
E
Size
2,511 sq ft
Rent pa
£20,000
Market Sector
High Street Scheme
Key Features
Prime retail unit (no VAT applicable)
Designated car parking to the rear
2 months rent free, delivered by way of half rent, with further incentives offered for a lease term over 5 years
Attractive price.
Description
Prime retail unit
The subjects comprise a ground floor, mid-terraced retail unit with a modern shopfront. Internally, the unit offers a well configured sales area with an accessible WC located at the front. A small mezzanine level provides additional space, suitable for storage/staff use. Staff facilities, including WC and a kitchenette, are positioned at the rear of the unit. The property also benefits from rear access to the car park.
Location
The property is situated on the south side of Union Street, Aberdeen’s principal retail thoroughfare. The area benefits from significant footfall, supported by nearby office developments, including The Capitol and Silver Fin buildings, which together provide over 200,000 sq.ft of Grade A office space, including Shell’s headquarters. The surrounding area features a mix of local and national operators offering a diverse range of amenities. Notable food and beverage operators include Six by Nico, Amarone, Pizza Express and Caffe Nero. The location is also home to local fashion retailers such as Pure, LoLo & Co and Signature.
Key Information
Travel
Parking
The subjects benefit from dedicated car parking to the rear, accessed via Bon Accord Terrace.
Further Infomation
Terms & Conditions
Occupiers may qualify for a grant of up to 50% of costs associated with eligible works and remodelling, up to the value of £35,000. Further information can be found at: https://www. aberdeencity.gov.uk/services/services- business/union-streetempty-shops-grant-scheme
Accommodation
2,511 Sq.Ft
The subjects have been measured on a net internal basis in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the approximate floor areas are as follows:
Downloads
Financial
Lease Type
Existing Lease
Lease Term
The property is available on Full Repairing and Insuring terms for a period to be agreed, and will be subject to periodic upward only rent reviews.
Rent
Initial first year’s rent of £20,000 per annum with 12-months rent free, delivered by way of half rent with a further 12 month period offered on longer lease terms. Further information is available on request.
Costs
Each party will be responsible for their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any transactional property tax incurred and registration dues applicable.
Price
Price on Application.
Terms & Conditions
Occupiers may qualify for a grant of up to 50% of costs associated with eligible works and remodelling, up to the value of £35,000. Further information can be found at: https://www. aberdeencity.gov.uk/services/services- business/union-streetempty-shops-grant-scheme
Vat
There is no VAT applicable.
Business Rates
Any ingoing occupier will have the right to appeal the Rateable Value and may also be entitled to certain relief from rates under the various schemes currently available. Interested parties should contact the relevant Local Authority and further information can be found at www.saa.gov.uk The Rateable Value effective from 1 April 2023 is £36,000.
Rates
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
F (94). Full information is available on request.
Disclaimer
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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