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Marketed by
463/465 Union Street 463/465 Union Street, Aberdeen, AB11 6DB
Use Class
E
Size
4,338 sq ft
Rent pa
£35,000
Market Sector
High Street Scheme
Description
The subjects comprise a property of concrete block construction arranged over basement, ground floor, 3 upper storeys and attic space. The ground floor consists of a prominent retail unit which would lend itself well to a variety of use classes.
Location
The subjects are located on Union Street, Aberdeen’s main commercial thoroughfare. Occupying a prominent location, the premises are situated adjacent to two of the city’s premium Grade A office developments, The Silver Fin Building and The Capitol. The Silver Fin Building which totals 132,500 sq.ft is now fully occupied with Shell occupying 100,000 sq.ft and The Capitol hosting companies such as PwC, Orega, Xodus and Ryden.
Key Information
Legal
Each party shall meet their own legal costs, the tenant will be responsible for any transactional property tax incurred and registration dues applicable.
Accommodation
4,338 Sq.Ft
The subjects have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following gross internal areas derived:
Financial
Lease Term
The accommodation is available to lease on new Full Repairing and Insuring lease terms for a period to be agreed. Any medium to long term lease will be subject to upward only rent reviews.
Rent
£35,000 per annum, exclusive of VAT.
Costs
Each party will bear their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any LBTT and Registration dues.
Vat
All figures quoted are exclusive of VAT which will be applicable.
Business Rates
The Rateable Values effective from 1 April 2023 are: 463 Union Street - £30,250 465 Union Street - £13,250. 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
Sustainability
Energy Performance Certificate Information
G. Copy 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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