Tenanted Commercial LOT 63

67-71  The Green, Aberdeen, AB11 6NY
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Guide Price
£235,000


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27 June 2025, 12pm

Description

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

INCOME PRODUCING INVESTMENT Ground floor commercial unit set within a 3 storey mixed use development. Let on a FRI lease with 4 years remaining producing £28,500 per annum. CITY CENTRE LOCATION.

Internally the property is presented in an open plan retailing layout with partitioned stores and w.c to the rear. Ground: 240.8sqm (2,592sq ft) Bsm: 165.5sqm (1,781sq ft) Total: 406.3sqm (4,373sq ft

The property is let to KG Music Ltd t/a Kenny’s Music at a passing rent of £28,500p.a expiring February 2029. Kenny's is Aberdeen's go-to shop for New or Pre-Owned instruments in the city.

CITY CENTRE LOCATION Let to a hugely Popular Business. Well Located Within Aberdeens Nightlife Venue Hotspots.

The Green is a historic yet evolving area, offering a mix of city-centre convenience, cultural heritage, and independent businesses. Close to Union Square Shopping Centre.

INCOME PRODUCING INVESTMENT Ground floor commercial unit set within a 3 storey mixed use development. Let on a FRI lease with 4 years remaining producing £28,500 per annum. CITY CENTRE LOCATION. Internally the property is presented in an open plan retailing layout with partitioned stores and w.c to the rear. Ground: 240.8sqm (2,592sq ft) Bsm: 165.5sqm (1,781sq ft) Total: 406.3sqm (4,373sq ft The property is let to KG Music Ltd t/a Kenny’s Music at a passing rent of £28,500p.a expiring February 2029. Kenny's is Aberdeen's go-to shop for New or Pre-Owned instruments in the city. CITY CENTRE LOCATION Let to a hugely Popular Business. Well Located Within Aberdeens Nightlife Venue Hotspots. The Green is a historic yet evolving area, offering a mix of city-centre convenience, cultural heritage, and independent businesses. Close to Union Square Shopping Centre.

The Green is a historic and vibrant area in the heart of Aberdeen city centre, known for its cobbled streets, independent businesses, and rich heritage. It’s a hidden gem, tucked away just off Union Street, and offers a mix of cafés, restaurants, boutique shops, and cultural attractions. City Centre Location: The Green is centrally positioned, making it a convenient spot for both residents and visitors close to Aberdeen Train and Bus Stations, providing excellent transport links across Scotland. Regular bus services run from Union Street to various parts of Aberdeen and beyond.

Full Address: 67-71  The Green, Aberdeen, AB11 6NY

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Map & Location

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Special Terms of Sale

  • Buyers Fee (?) 1% of Sale Price (Minimum of £2000 +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.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 4 Years
Rent: £28,500 per year / £2,375 per month
Yield: 14% (approx)
Tenant: Company
Notes: Held on F.R.I Lease - Expiry February 2029 - Passing Rent: £28,500p.a.

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Pricing Information & Bidding

Guide Price: £235,000


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.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 1% of Sale Price (Minimum £2,000 + 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.

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Auction Details

Date & Time: 27 June 2025, 12pm
Type: Deadline for Offers

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