INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first floor and basement in EXCELLENT TRADING POSITION.Let to Chaiiwala producing £20,000 per annum with 7 years unexpired.
Property offers a dual frontage with entrance doors lead to a primarily open plan retailing space with customer seating. Partitions to the rear to create staff facilities, WC facilities and stores.
The tenant also utilities basement and first floors for further storage space and capability for expansion. Ground: 129.8sqm (1,397sq ft) Bsm:73.9sqm (795sq ft) 1st: 132.1sqm (1,422sq ft)
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £20,000 PER ANNUM
INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first floor and basement in EXCELLENT TRADING POSITION.Let to Chaiiwala producing £20,000 per annum with 7 years unexpired. Held in a Renfield repairing and shooting head lease expiring 19 May 2034 at a current passing rent of £20,000 per annum. The tenant has an option to determine on the 19th of May 2029 Property offers a dual frontage with entrance doors lead to a primarily open plan retailing space with customer seating. Partitions to the rear to create staff facilities, WC facilities and stores. The tenant also utilities basement and first floors for further storage space and capability for expansion. Ground: 129.8sqm (1,397sq ft) Bsm:73.9sqm (795sq ft) 1st: 132.1sqm (1,422sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £20,000 PER ANNUM
Aberdeen is one of the fastest-growing cities in Scotland in recent years, driven by young professionals, international talent, and family in-migration. To this day it is still the undisputed energy capital of Europe – home to hundreds of oil & gas headquarters and a world-leading subsea engineering cluster. The city has seen a successful pivot into the energy transition: Aberdeen is now the UK’s largest hub for offshore wind (projects such as Seagreen, Neart na Gaoithe and the huge ScotWind leasing round), green hydrogen, carbon capture (Acorn CCS project), and floating wind innovation. Investment into the city includes the Aberdeen Harbour South expansion (one of Europe’s largest harbour projects) along with New Aberdeen Exhibition & Conference Centre with a wider £1 bn+ city-centre masterplan (new offices, homes, retail, public spaces). The city has Booming tech and digital cluster – OGTC (Net Zero Technology Centre), ONE CodeBase hub, and hundreds of energy-tech start-ups.
Full Address: 229 Union Street, Chaiiwala, Aberdeen, AB11 6BQ
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