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For Sale

1 John Street, Aberdeen, AB25 1BT

Tenure

For Sale

Type

Investment

Price

Offers in Excess Of £950,000

Size

10,195 Sq Ft

Ref No

14955

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Property Highlights

Modern retail warehouse
Prominent city centre location
Total floor area of 10,195 sq ft (947.14 sq m)
Let to Graham Tiso Limited until 29 March 2031
Passing rent of £100,000 per annum
Offers in excess of £950,000 exc VAT, reflecting a net initial yield of approximately 10%, after purchaser's costs

Overview

The subjects comprise a retail warehouse of steel portal frame construction clad externally with concrete block and profiled metal sheet walls incorporating substantial glazing for display purposes. The roof is clad with metal sheeting.

The unit provides excellent sales accommodation together with staff and storage areas. There is a private car park providing goods delivery access and customer parking for approximately 15 cars.

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Property Highlights

Overview

Ken Shaw

Partner

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