Tenanted Commercial LOT 345

12 King Street, Aberdeen, AB24 5AX
DEADLINE CLOSES in...

Offer Deadline

Now Accepting Offers

Guide Price
£114,000


SUBMIT OFFERS BY

23 May 2025, 12pm

Description

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

TENANTED INVESTMENT PROPERTY*** Large tenanted commercial unit located within Aberdeen Town Centre. IMMEDIATE RENTAL INCOME - £12,600 Per Annum.

SUBSTANTIAL ground floor commercial premises extending to approx. 1191.56 sq.ft (110.70 sq.m). No Business Rates Payable.

IMMEDIATE RENTAL INCOME - £12,600 Per Annum. EXCELLENT TRADING LOCATION in BUSY Aberdeen town centre.

Super location with high levels of passing trade. Excellent Investment Opportunity***

Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow.

TENANTED INVESTMENT PROPERTY*** Large tenanted commercial unit located within Aberdeen Town Centre. IMMEDIATE RENTAL INCOME - £12,600 Per Annum. Comprises; Main sales area, back shop and basement. There is a stud wall separating front and back shop which was erected for previous tenant. This wall can easily be removed to provide larger area. The front has double fronted windows either side of door. No rates payable. SUBSTANTIAL ground floor commercial premises extending to approx. 1191.56 sq.ft (110.70 sq.m). IMMEDIATE RENTAL INCOME - £12,600 Per Annum. EXCELLENT TRADING LOCATION in BUSY Aberdeen town centre with high volumes of passing trade. Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow.

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. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce. Alongside continued investment in energy, life sciences, tourism and hospitability, food, drink and agriculture, digital and the creative sectors are industries on the rise.

Full Address: 12 King Street, Aberdeen, AB24 5AX

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £12,600 per year / £1,050 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £114,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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: 23 May 2025, 12pm
Type: Deadline for Offers

View Full Auction Catalogue