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Unit FS11 Union Square, Aberdeen, AB11 6NJ
Use Class
E
Size
1,587 sq ft
Rent pa
£50,000
Description
LEASE AVAILABLE - PRIME RESTAURANT UNIT
Mall unit in one of Scotland’s premier retail and leisure destinations.
Union Square is home to major retail brands including M&S, TK Maxx, Zara, Next, Apple and H&M. Food and beverage operators close to the subjects include Wagamama, Nandos, Zizzi, YO! Sushi and Brewdog. The Leisure anchor is a 10-screen Cineworld.
The subjects comprise a fitted-out restaurant unit which benefits from a remote storage area. Remaining fixtures and fittings may be available by separate negotiation, with further information available on request.
Key Information
Legal
Entry - Upon conclusion of all legalities.
Accommodation
1,587 Sq.Ft
The accommodation comprise a fitted restaurant located on the upper mall. The approximate net internal areas are as follows.
Financial
Lease Type
Existing Lease
Lease Term
The subjects are available by way of assignation of the existing lease. The property is held on a 10 year lease with effect from 9 November 2022 at a current rent of £50,000 p.a, with a rent review on 9 November 2027. A tenant break option exists on 9 November 2027.
Rent
Subject to contract, rental offers are invited in the region of £50000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Costs
Each party shall be responsible for their own legal costs incurred in the transaction.
Service Charge
A service charge is applicable for the upkeep and maintenance of the communal areas of the Centre. Further details are available on request.
Business Rates
Rateable Value: £29,750 Rates Poundage: £0.498 (2024/25) Rates Payable: £14,816 (Interested parties should verify all rating information with the Local Authority)
Rates
Sustainability
Full Energy Performance Certificate available on request
This unit is part of Union Square
Union Square
Union Square opened to the public in 2009 and provides a combination of traditional mall shopping and a shopping park. The scheme sits adjacent to Aberdeens central railway and bus stations. Key Facts: • £275 million investment opened in October 2009 • 51,800 sq m mixed-use retail-led scheme • 2,300 parking spaces.
Misrepresentation Notice
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.
All data ©2024 Completely Property Technology Limited
This was last updated on 17/10/2024