To Let/For Sale
Prominent Corner Retail Unit
Aberdeen is Scotland's third largest city with a popultion of circa 215,000 persons, and a catchment in excess of 500,000 persons.
The proprety occupies a prominent position at the corner of Rosemount Viaduct and Baker Street within the popular Rosemount area of Aberdeen. The unit is in close proximity to the newly developed Union Terrace Gardens, and nearby occupiers include a good mix of multiple and local traders.
The property comprises the ground and basement within a granite sandstone tenement building.
From our measured inspection we would confirm the property extends to the following areas and dimensions:
Gross Frontage: 25’ 6” (7.77 m)
Net Frontage: 20’ 6” (6.24 m)
Splay: 4’ 3” (1.29 m)
Baker Street GF: 33’ 4” (10.15 m)
Baker Street NF: 28’ 0” (8.53 m)
Ground Floor: 712 ft² (66.14 m²)
Basement: 640 ft² (59.45 m²)
Our clients are looking to sell the property but would give consideration to a long term lease incorporating regular upward only rent reviews. Offers in excess of £165,000 and £17,000 per annum respectively are sought.
The property is entered in the Valuation Roll as follows:
Description: Shop
Rateable Value (‘23/’24): £15,000
The subjects have a rating of 'E'. A copy of the EPC is available upon request.
Each party to be responsible for their own legal costs incurred, with the ingoing party responsible for LBTT together with any costs incurred by the Landlord.
All terms are quoted net of VAT where applicable.
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.
Strictly by appointment through this office.