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Retail Units & Shops

Aberdeenshire

Aberdeen

property

E1, Bon Accord and St Nicholas Centres - Picture 2

Let

This property is part of an unsponsored shopping centres scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

Unit E1 George Street, Aberdeen, AB25 1HZ

Use Class

E(a)

Size

5,140 sq ft

Rent pa

£240,000

Market Sector

Shopping Centre

Description

Unit E1 occupies a prime location at the Schoolhill / Upperkirkgate entrance to the St Nicholas Shopping Centre.

Nearby occupiers include M&S, Miss Selfridge, H&M and La Senza.

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 & St Nicholas centres benefit 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, H&M, River Island, Next, New Look, Kurt Geiger, Phase Eight and Disney Store.

Accommodation

5,140 Sq.Ft

The unit is a ground fl oor lock up shop extending to the following approximate main dimensions and fl oor areas:

Dimensions

Feet

Metres

Net Frontage

23.9

7.2

Return Frontage

19.8

Internal Width

49.2

Areas

Sq.Ft

Sq.M

Ground Floor

5,140

477.5

Downloads

Brochure

E1, Bon Accord and St Nicholas Centres, Aberdeen

Financial

Lease Type

New Lease

Lease Term

A new 15 year effective full repairing and insuring lease incorporating upward only rent reviews.

Rent

Subject to contract, rental offers are invited in the region of £240000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party to be responsible for their own legal costs incurred in connection with the transaction. The ingoing tenant will be responsible for SDLT, registration dues, etc in connection with the lease.

Service Charge

For the current year (2011/2012) the service charge payable is estimated at £42,232 per annum.

Rates

Rateable Year:

2014

Rateable Value:

£188,000.00

Rates payable:

£90,616.00

UBR:

48.2p/£

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.

SIMS property consultantsFG Burnett

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.