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Marketed by
46-52 Schoolhill 46-52 Schoolhill, Aberdeen, AB10 1JQ
Use Class
E
Size
2,361 sq ft
Price
£510,000
Market Sector
High Street Scheme
Key Features
Superb Ground and Basement accommodation
Let to Oliver Bonas Limited
Prime City Centre Retail unit
Since 1993, an independent lifestyle brand, with over 90 stores in UK and Republic of Ireland
Creditsafe Rating of 96A, very low risk
High profile corner unit beside Boots and Bon Accord Centre
FRI lease to 4/2/2031, with tenant break 5/2/2029
£65,000 pa
Offers over £510,000 exclusive of VAT
NIY 12.19%
Description
Attractive city centre retail investment comprising a ground and basement unit let to Oliver Bonas, offering secure income.
The subjects comprise a ground and basement floor retail unit, occupying a prominent corner position forming part of a larger traditional building. The property benefits from extensive return frontage providing excellent visibility and natural light.
Location
46-52 Schoolhill is located in Aberdeen City Centre in the heart of the Belmont Street/ Schoolhill area popular with retailers, restaurants, bars and clubs - our café culture quarter. Retail occupiers in the vicinity include White Stuff, Assai Records and Mai’s Vietnamese restaurant. Boots and the Bon Accord Shopping Centre are in close proximity. Leading bars and restaurants close by include Slains Castle, The Hogshead, Wild Boar, Revolution and Siberia.
Accommodation
2,361 Sq.Ft
The subjects have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following Net Internal Areas calculated: We have calculated an ITZA of 219.34 sq m (2,361 sq ft)
Downloads
Financial
Rent
Subject to contract, rental offers are invited in the region of £65000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Costs
Each party will be responsible for their own legal costs incurred during the transaction. The ingoing tenant or purchaser will be responsible for any LBTT and registration dues applicable.
Tenure Detail
Oliver Bonas has been in occupation since 2016 and the lease has been extended from 5/2/2026 to 4/2/2031 at a rental of £65,000 per annum, with a tenant break option on 5/2/2029. The lease is held on FRI terms.
Vat
The property has been elected for VAT and it is anticipated the sale will be treated as a Transfer of a Going Concern.
Business Rates
Current assessment £48,500. Any new occupier has a right of appeal against the Rateable Value. In addition, a new occupier may be entitled to relief from rates under various schemes currently in force. Further information is available from FG Burnett or from the Aberdeen City Council website (https://www.aberdeencity.gov.uk/ services/ business-and-licensing).
Sustainability
Energy Performance Certificate
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.
All data ©2026 Completely Property Technology Limited