BIDDING OPENS in...

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

*** EXCELLENT LET COMMERCIAL INVESTMENT *** HIGH SPEC FIT OUT, Let To Private Retailer with an annual rent of £28,000, Property is approx. 413 m2 consists of Ground & BASEMENT.

Occupiers in the vicinity include a number of national retailers including Graham Tiso, Animal, Fit Shop, Blacks, Magnet, Farmfoods, Savers, Greggs & The Bon Accord Shopping Centre a major attraction

The property is held on a full repairing and insuring lease on the following terms Tenant: Craigdon Mountain Sports Ltd Expiry: Jan 2030 Passing Rent: £28,,000p.a.x

Property benefits from a rateable value of £38,500, covers the ground floor, & basement. Benefits from double window frontage facing St Andrews Street & separate window on Jopps Lane.

Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness.

*** EXCELLENT LET COMMERCIAL INVESTMENT ***HIGH SPEC FIT OUT, Let To Private Retailer with an annual rent of £28,000, Property is approx. 413 m2 consists of Ground & BASEMENT. Occupiers in the vicinity include a number of national retailers including Graham Tiso, Animal, Fit Shop, Blacks, Magnet, Farmfoods, Savers, Greggs & The Bon Accord Shopping Centre a major attraction. ***TENANTED INVESTMENT OPPORTUNITY*** Currently LET on a LEASE at £28,000 Per Annum until 2030. LONG TERM TENANT who is keen to stay. The property is held on a full repairing and insuring lease on the following terms Tenant: Craigdon Mountain Sports Ltd Expiry: Jan 2030 Passing Rent: £28,,000p.a.x Property benefits from a rateable value of £38,500, covers the ground floor, & basement. Benefits from double window frontage facing St Andrews Street & separate window on Jopps Lane. RV: £38,500 Ground Floor A 105.30 m² Ground Floor B 107.30 m² Ground Floor C 7.70 m² Basement 192.70 m² Total 192.70 m² Total 413 m2 PARKING On-street pay and display parking is available just around the corner from the property on Loch Street. The most convenient carpark is the Loch Street Multi-Storey adjoining the Bon Accord Centre and is abut 100m from Craigdon Mountain Sports. Please note that seller will be charging VAT on this sale.

Aberdeen city centre is an attractive location for professionals working in the city centre. The surrounding area is host to various shops such as a post office, pharmacy, bakery and restaurants. The city of Aberdeen has great amenities with two well-known Universities, an airport, excellent rail and bus services and one of Scotland’s best shopping facilities. St Andrews Street is a popular central location situated only a short walk from Union Street and accordingly pubs, clubs, restaurants and leisure facilities are all close to hand. Given the properties central location public transport services to most parts of the city area readily available. 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.

Full Address: 5 St Andrews Street, Aberdeen, AB25 1BQ

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2030
Rent: £28,000 per year / £2,333 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:

Document Downloads

(Available)   Legal Pack (Pending)

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £202,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 24 July 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue