Unit FS11 Union Square, Aberdeen, AB11 6NJ

To Let
Use Class

Use Class

E

Size

Size

1,587 sq ft

Rent pa

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.

Areas
Sq.Ft
Sq.M
Ground Floor
1,086
101
Mezzanine
124
12
Remote Store
377
35

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

Rateable Year:
2024
Rateable Value:
£29,750.00
Rates payable:
£14,816.00
UBR:
49.8p/£

Sustainability

Full Energy Performance Certificate available on request

This unit is part of Union Square

Featured

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.

Culverwell Property ConsultantsTime Retail PartnersSpaceandPeople

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