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Marketed by
Ground Floor, 11 Gallowgate 11 Gallowgate, Aberdeen, AB25 1EB
Use Class
E
Size
1,951 sq ft
Rent pa
£24,500
Market Sector
High Street Scheme
Key Features
City centre retail unit
Within close proximity to Marischal Square and The Bon Accord Shopping Centre
The building is Grade B listed and lies within the city centre conservation area
Description
The subject comprises the ground floor of the former Aberdeen University Student Union and sits within a 3-storey attic and basement building of traditional stone construction beneath a slated mansard roof. The unit benefits from a glazed retail frontage with a recessed double entrance door.
Internal specification includes:-
• An open plan sales area
• Sales/ancillary accommodation at the rear on a split level
• The unit is currently in a shell condition
Location
The subject is located on the west side of Gallowgate, which adjoins Broad Street and Upperkirkgate within Aberdeen City Centre. Marischal Square is within close proximity to the property, with the Bon Accord Shopping Centre only a short walk away. By virtue of its location, the property benefits from excellent public transport links and access to car parks. Surrounding occupiers include Starbucks, All Bar One, Costa Coffee, Maggie’s Grill, Mackie’s 19.2 Ice Cream, Residence Inn by Marriott Aberdeen and Mount coffee shop.
Accommodation
1,951 Sq.Ft
The subjects have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following Net Internal Area derived:
Financial
Lease Term
The subject is availible on full repairing and insuring terms for a period to be agreed. Any long-term lease will incorporate periodic upward only rent reviews.
Rent
£24,500 per annum exc VAT.
Costs
Each party will bear their own legal costs incurred in the transaction. The occupier will be responsible for any LBTT and Registration dues.
Service Charge
A service charge may be payable. Further details available on request.
Vat
VAT will be payable in addition to monies due under a lease of the premises.
Business Rates
The Rateable Value requires to be reassessed on occupation. 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
The EPC will require to be reassessed on occupation.
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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