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Unit 15 George Street, Aberdeen, AB25 1HZ
Use Class
E(a)
Size
1,030 sq ft
Rent pa
£70,000
Market Sector
Shopping Centre
Description
Unit 15 occupies a prime location on the lower mall between JoJo Mamman Bebe and Phase Eight.
Location
The Bon Accord & St Nicholas centres comprise the established prime shopping location for the City of Aberdeen. Aberdeen is the major retail centre for the people of North East Scotland. The city has a catchment of over 400,000 people with 52% of the core catchment being the more affluent AB and C1.
The Bon Accord Centre, which has recently undergone a major refurbishment, benefits from footfall averaging over 270,000 people per week making it one of Scotland’s busiest shopping locations.
Tenants include John Lewis, M&S, Topshop, River Island, Next, New Look, Kurt Geiger, Jigsaw, Hobbs, Phase Eight and Disney Store, along with restaurants Pret a Manger, Ed’s Easy Diner, Yo! Sushi and Di Maggios.
Key Information
Legal
Each party to be responsible for their own legal costs incurred in connection with the transaction. The ingoing tenant will be responsible for LBTT, registration dues, etc in connection with the lease.
Accommodation
1,030 Sq.Ft
Financial
Lease Term
A new full repairing and insuring lease incorporating upward only rent reviews.
Rent
Subject to contract, rental offers are invited in the region of £70000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
The Valuation Roll shows a Rateable Value for the property of £52,000 effective from 1st April 2017. (Each new occupier has the right of appeal against this figure.) Based on the rates poundage of 46.6p, (plus large property supplement of 2.6p) this value will result in an estimated rates liability in financial year 2017/18 of £25,584.
Service Charge
For the previous year (2016/2017) the service charge payable was estimated at £12,078 per annum.
Rates
Sustainability
Energy Performance Certificate
This Property is Part of a Shopping Centre
Bon Accord Shopping Centre
Bon Accord is a long established and prime retail hub in Aberdeen with 70 + stores including Next, Boots, Sainsbury’s, Sostrene Grene, New Look , Vision Express and Waterstones.
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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