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128 Union St

Shop for sale

£500,000 8,440 sq ft

Whitelaw Baikie Figes
Contact name

Graham Figes - Whitelaw Baikie Figes

Full address
122A-128 Union St, Aberdeen AB10 1JJ – Aberdeen
Highlights
  • Well secured, retail investment
  • Unit includes sales area, basement storage area and partitioned staff accommodation
  • Occupies a prominent position on Union Street
Property owner
Bridgeport Estates Ltd
Property type

Shop for sale

Asking price
£500,000
Available space range
There is 1 space available. This measures 8,440 sq ft.
Features
Security system, Storage space, Monument signage
Brochure
Download the brochure

Sale details

Sale unit 3774665 Available

8,440 sq ft, £59.24 per sq ft

Unit Sale unit 3774665
Address 122A-128 Union St, Aberdeen, Aberdeen City, AB10 1JJ, GB
Size 8,440 sq ft
Price £500,000
Price per unit £59.24 per sq ft
Unit Sale unit 3774665
Address 122A-128 Union St, Aberdeen, Aberdeen City, AB10 1JJ, GB
Size 8,440 sq ft
Price £500,000
Price per unit £59.24 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 7.26%
Financial type Actual
Financial year 2017
Net operating income £36,300

Sale notes

  • Opportunity to purchase a well-established retail unit, located on union street, one of the main retail locations in aberdeen.
  • This 1,075 sq ft retail unit is currently secured on a fri lease which has recently been extended to october 2028 with a passing rent of £36,300 pa.
  • Offers in region of £500,000 are invited for the freehold interest, reflecting a niy of 7.26%.

Property description

The subjects comprise a Class 1 retail shop over ground and basement levels, lying mid-terrace within a traditional granite stone building. The ground floor is currently utilised for retail sales, the basement a mixture of open storage and partitioned staff accommodation. The unit is located in a prominent position on Union Street, the heart of traditional Abderdeen retailing, with the Trinity, St Nicholas, Bon Accord and Union Square shopping centres all in close proximity.

Building subtype
Storefront
Number of storeys
4
Rentable building area
8,440 sq ft
Year built
1970

Attachments

PDF #1 Marketing brochure/flyer Download
PDF #2 Marketing brochure/flyer Download

This shop for sale is located in Aberdeen.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Whitelaw Baikie Figes. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Whitelaw Baikie Figes for full details and further information.