LOCATION

The property is situated within the Mastrick area of Aberdeen, with this location being the main retail area serving the residential population.  The property is immediately adjacent to Spar, with other occupiers in the vicinity including William Hill, Boots, Indigo Sun and a number of local traders.

ACCOMMODATION

The property offers accommodation over the ground floor only, and from our measured inspection we would confirm that it extends to the following areas and dimensions:

Gross Frontage:   17’ 3”      (5.25 m)
Net Frontage:       15’ 5”      (4.7 m)
NIA:                           694 ft²     (64.47 m²)

LEASE TERMS

The property is offered to the market on the basis of a new full repairing and insuring lease for a period to be agreed, incorporating regular upward only rent reviews.

RENT

Rental offers in excess of £10,000 per annum exclusive are invited.

The property currently benefits from Class 1 consent however we are of the view that subject to securing the necessary consents the property would be suitable for Class 3/Sui Generis use.

ENERGY PERFORMANCE CERTIFICATE

An EPC has been instructed and further details are available upon request.

RATING

The property will require to be re-assessed.

VAT

All terms are quoted net of VAT where applicable.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred during the transaction.  For the avoidance of doubt, the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable.

ENTRY

Upon completion of legal formalities.

MONEY LAUNDERING REGULATIONS

To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding.  Applicable documentation will therefore be required on agreement of Heads of Terms.

 VIEWING/FURTHER INFORMATION

Arrangements to view are to be made strictly through this office.