Map & Location
Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 2% of Sale Price (Minimum of £3250 +vat)
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.
Description
SUPER TENANTED INVESTMENT PROPERTY*** Large commercial property approx. 2,211 sq.ft located in BUSY Aberdeen city centre. LET TO EDINBURGH WOOLEN MILL AT £26,875 per annum until July 2029.
PRIME LOCATION***HIGH VOLUMES OF PASSING TRADE*** Situated on the south side of Union Street within Aberdeen City Centre.
EXCELLENT TRADING LOCATION*** Nearby occupiers include KFC, British Red Cross, Santander, Greggs, Caffe Nero, Subway and Burger King.
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.
SUPER TENANTED INVESTMENT PROPERTY*** Large commercial property approx. 2,211 sq.ft located in BUSY Aberdeen city centre. LET TO EDINBURGH WOOLEN MILL AT £26,875 per annum until July 2029. TENANTED INVESTMENT OPPORTUNITY*** Currently LET to Edinburgh Woollen Mill on FRI LEASE at £26,875 Per Annum until 1st July 2029. LONG STANDING TENANT IN SITU PRIME LOCATION***HIGH VOLUMES OF PASSING TRADE*** Situated on the south side of Union Street within Aberdeen City Centre. EXCELLENT TRADING LOCATION*** Nearby occupiers include KFC, British Red Cross, Santander, Greggs, Caffe Nero, Subway and Burger King. 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.
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: 187 Union Street, Aberdeen, AB11 6BB
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: until 1st July 2029
Rent: £26,875 per year / £2,240 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes: Tenant in situ over 10 years and have recently extended the lease until 2029
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Video Property Tour
View Video Presentation on YoutubePricing Information & Bidding
Opening Bid: £159,000
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.
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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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
Type: Timed Online Auction
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