Tenant: Coral Racing Limited Expiry: Lease extend up til 27th February 2026 Passing Rent: £32,400p.a.x Type: Full Repairing & Insuring

The Aberdeen economy continues to bounce back from the effects of the recent downturn in the oil and gas industry.

Latest evidence of an upturn comes from a new report revealing the Granite City has taken second place for growth across 45 of the country's largest cities.

The property comprises a ground floor retail unit set within a larger 3 storey commercial development of traditional granite construction, surmounted by a mansard roof overlaid in slate and felt. The subjects benefit from a glazed frontage with access via a partially recessed door leading to an open plan sales area. Internally the property has been decorated in accordance with Coral Racing corporate specification with floors being overlaid in commercial carpet, lighting is provided by way of halogen spots, recessed within the acoustic tile ceiling. Staff facilities and customer w.c’s are situated to the rear of the demise. The property has been measured on a net internal area basis and have been calculated to offer the following floor area: Ground: 125.4sqm (1,350sq ft) The property is held on a full repairing and insuring head lease on the following terms; Tenant: Coral Racing Limited Expiry: Lease extend up til 27th February 2026 Passing Rent: £32,400p.a.x Type: Full Repairing & Insuring Coral Racing Limited is a U.K headquartered bookmakers as part of Ladbrokes Coral (GVC Holdings) with over 1,500 stores throughout the U.K. V.A.T The property has been elected for V.A.T as such the transaction will he treated as a transfer of a going concern (ToGC)

The subjects are located within the heart of Union Street, adjacent to one of its principal junctions Union Terrace/Bridge Street. Aberdeen Bus and Rail Stations, Union Square and Trinity Shopping Centre are all within easy walking distance of the property. Historically a retail dominant location, several new developments have been constructed providing a mixture of uses within Union Street including retail, licensed, office, residential and hotels. Other nearby occupiers include Travelodge, Chaophraya, Mercure Caledonian Hotel, PWC, and Barclays Bank Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow. The city benefits from excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. In addition, the city is connected to the national rail network with direct services to London Kings Cross. Aberdeen International Airport is approximately 9.6 km (6 miles) north-west of the city centre and is used by around 3 million passengers a year for scheduled and charter holiday flights.

Full Address: 181b Union St, Aberdeen, AB11 6BB