The property is arranged over ground floor with a rear extension. Access to the subjects is via a pedestrian timber & double glazed retail frontage entrance. Large retail area further storage/w.c.'s.

The property has been calculated to extend to the following internal area: Ground: 63.70sqm (685 sq ft) Rateable Value £6,300 The property is held on a full repairing and insuring head lease.

Prime location enjoys a variety of shops, bars and restaurants all within walking distance. Aberdeen University, Union Square Shopping Centre and Aberdeen beach are all within easy reach.

PRIME COMMERCIAL INVESTMENT Commercial unit in a busy thoroughfare in Regent Quay, Aberdeen. This property benefits from a HIGH SPEC REFURBISHMENT and IS ON AN FRI LEASE AT £12000 PER ANNUM. . SUPERB YIELD OF 40% if achieved at guide price. Ideally located next to Scotland's Largest Berthage Port. The Port of Aberdeen serves the Oil, Gas, Renewables, General Cargo and Cruise sectors. Busy Port Location The subjects comprise a ground floor retail unit, together with rear extension previously used as an office. The property is constructed of solid stone with a pitched and slated roof over incorporating dormer projections. Access to the subjects is via a pedestrian timber and double glazed retail frontage entrance. Internally the property benefits from suspended timber floors covered in laminate throughout. Walls and ceilings over are plastered and painted. Lighting is provided through low voltage spotlighting whilst natural light is provided by a mixture of uPVC double glazed windows and from the retail frontage. Male and female toilets are located towards the rear of the property with kitchen and tea prep facilities also present. The property has been calculated to extend to the following internal area: Ground: 63.70sqm (685 sq ft) Rateable Value £6,300 The property is held on a full repairing and insuring head lease.

Regent Quay is a mixed commercial and residential street opposite the harbour, within easy walking distance of the city centre and all its amenities. The bus and railway stations are within easy reach, so too a choice of bus routes with links to all parts of the city and suburbs, including the airport. Union Square with a choice of shops, restaurants and cinema is within easy walking distance. Renewable energy is beginning to make its mark in the North East, and is a priority sector for the region. There is huge capacity for the generation of renewable energy in the North East and diversification into alternative energy technologies is underway, to complement work already being undertaken in hard to reach oil and gas reserves, hydrogen fuel cell supply chain opportunities, renewable energy and carbon capture. This is a main driver for price increase within the property sector, both for capital growth in property values coupled with rental demand increase, leading to higher monthly rents.

Full Address: 47 Regent Quay, Aberdeen, AB11 5BE