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1 Queen's Cross

8,515 SF Retail Building Aberdeen AB15 4XU £2,100,000 (£247/SF) 10.10% Net Initial Yield

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Investment Highlights

Prestigious office property.
Great location.

Car parking.

Executive Summary

Offers over £2,100,000 excluding VAT are sought for our client’s heritable interest in the building. A purchase at this level would show
an attractive net initial yield of 10.1% after deduction of purchaser’s costs and LBTT.

Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Property Subtype

Bank

Building Size

8,515 SF

Building Class

Year Built

1865

Price

£2,100,000

Price Per SF

£247

Net Initial Yield

10.10%

NOI

£212,100

Tenancy

Single

Number of Floors

Slab to Slab

12 ft

Building FAR

0.78

Land Acres

0.25 AC

Frontage

35 ft on Queens Cswy

Amenities

24 Hour Access

Security System

EPC - B

Storage Space

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