1 John St 10,195 SF Retail Building Aberdeen AB25 1BT £950,000 (£93.18/SF) 10% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Modern retail warehouse.
- Great footfall area.
- Prominent city centre location.
EXECUTIVE SUMMARY
We are instructed to seek offers in excess of £950,000 exc VAT, reflecting a net initial yield of approximately 10%, after purchaser’s costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
10,195 SF
Building Class
B
Year Built
1989
Price
£950,000
Price Per SF
£93.18
Net Initial Yield
10%
NOI
£95,000
Tenancy
Single
Number of Floors
1
Building FAR
0.85
Lot Size
0.28 AC
Parking
6 Spaces (0.59 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Security System
1 of 1
NEARBY MAJOR RETAILERS
