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Description

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

PRIME INVESTMENT***INCOME PRODUCING Well established 4 Unit tenanted development in excellent, high profile trading location adjacent to major city roundabout. Current rent: £242,000 per annum

The development comprises 4 units comprising two drive thru’s and 2 standalone retail units, all of modern construction. The scheme also benefits from 76 car spaces.

Benefits from a diverse and resilient tenant line-up, anchored by internationally recognised quick-service restaurant operators KFC & Taco Bell, alongside strong national and specialislist retailers.

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** Total income currently £242,000 per annum giving a Net initial yield 8.2%

IDEAL LOCATION located on Great Northern Road in Aberdeen, occupies a highly prominent position at the Haudagain Roundabout—one of the city’s busiest and most strategically important junctions.

Unit 1 American Golf (Trading) Ltd Term: 05/07/1999 to 28/11/2029 Size: 277.42sq m 2,986sq ft Rent: £45,000 per annum Unit 2 Pets & Care Limited Term: 01/09/2023 to 31/08/2038 Tenant Break clause: 31/08/2028 and 31/08/2033 Rent Reviews: 5 Yearly Size: 328.71sq m 3,538sq ft Rent: £30,000 per annum Landlord holds rent deposit of £7,500 + VAT (for 5 years). Service Charge Cap. Schedule of Condition Unit 3 Clokken Ltd (KFC Drive Thru) Term: 23/08/1999 to 31/05/2043 Rent Reviews: 5 Yearly Size: 229.92sq m 2,475sq ft Rent: £97,000 per annum Fixed increases to £109,746.57 (2028) and £124,168.14 (2033) and £140,484.82 (2038). Lease guaranteed by KFC (GB) Ltd. Annual Service Charge Cap equating to 5% of the annual rent. Unit 4 Taco-Time (SC) Ltd (Taco Bell Drive Thru) Term: 10/05/2021 to 10/05/2041 Tenant Break clause: 09/05/2031 Rent review: 5 Yearly Size: 184.88sq m 1,990sq ft Rent: £70,000 per annum Lease guaranteed by Alderforce SC LimitedService Charge Cap. TOTALS 1,020.93sq m 10,989sq ft Total Rent: £242,000 per annum Potential for further drive thru / drive to development.

Great Northern Road in Aberdeen is a significant arterial route running north–south through the northern part of the city, extending for roughly 3.7 kilometres and linking several key districts including Woodside, Kittybrewster and areas toward Bridge of Don. It connects with major routes such as the A92 (North Anderson Drive) and provides direct access toward the city centre as well as onward routes to Dyce and the wider Aberdeenshire region, making it a well-trafficked and strategically important corridor. The road is characterised by a mixed-use environment, combining dense residential tenements and flats with a variety of commercial occupiers including retail units, takeaways, and leisure premises. In areas such as Woodside, properties benefit from proximity to everyday amenities like supermarkets, healthcare facilities, schools, and community centres, as well as nearby green space such as Stewart Park. This blend of uses, alongside established neighbourhoods, creates consistent local footfall in addition to passing vehicular traffic.

Full Address: Haudagain Retail Park Great Northern Road, Landmark Retail Investment, Aberdeen, AB24 2BQ

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £242,000 per year / £20,167 per month
Yield: 9% (approx)
Tenant: Company
Notes: Total Annual Rent: £242,000 Full repairing and Insuring Leases

Document Downloads

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Pricing Information & Bidding

Opening Bid: £2,655,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% 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.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 02 April 2026, 9am-3pm
Type: Timed Online Auction

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