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Unit E7/E8 George Street, Aberdeen, AB25 1HZ
Use Class
E(a)
Size
4,140 sq ft
Rent pa
£225,000
Market Sector
Shopping Centre
Description
Unit E7/E8 occupies a prime, central location in St Nicholas mall in between Miss Selfridge and H&M. Other occupiers nearby include Lipsy, Marks & Spencer, The Body Shop, Jane Norman, JD Sports and Starbucks.
This unit can be sub-divided to form two smaller units as follows:
E7 - 2,548 sq ft (236.7 sq m)
E8 - 1,616 sq ft (150.1 sq m)
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
4,140 Sq.Ft
The unit can be split to provide one ground floor unit of 1,668 sq ft and one ground floor unit of 1,606 sq ft.
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 £225000 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
A service charge will be payable for the current year (2010/11). This is approximately £52,599 per annum exclusive of VAT.
Rates
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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