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122A-128 Union St

530 SF Retail Unit Offered at £500,000 in Aberdeen AB10 1JJ

Property Facts

Price £500,000
Unit Size 530 SF
No. Units 1
Total Building Size 8,440 SF
Property Type Retail (Unit)
Property Subtype Storefront
Sale Type Investment
Building Class B
Number of Floors 4
Typical Floor Size 1,764 SF
Year Built 1900
Lot Size 0.21 AC

1 Unit Available

Unit 128

Unit Size 530 SF
Price £500,000
Price Per SF £943.40
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 7.00%
NOI £35,000
Description

The subjects comprise a Class 1 retail shop over ground and basement levels, lying mid-terrace within a traditional granite stone building.

Sale Notes

Seeking offers in the region of £500,000 plus VAT for our clients heritable interest. A purchase at this level would reflect a net initial yield of 7.0% after allowance for assumed LBTT and normal acquisition costs.

Amenities

  • Security System
  • Storage Space
  • Monument Signage

Nearby Major Retailers

eurochange
Chopstix Noodle Bar
Caffe Nero
Santander
Nando's
Pret a Manger
SPAR
Sainsbury's
Costa Coffee
Bank of Scotland
  • Listing ID: 33836821

  • Date on Market: 26/01/2024

  • Last Updated:

  • Address: 122A-128 Union St, Aberdeen AB10 1JJ

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