Retail Investment For Sale, 1 John Street, Aberdeen, AB25 1BT

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.
( Agency Pilot Software ref: 14955 )

Location

The property is prominently located within Aberdeen City Centre, on the south side of John Street at its junction with Loch Street close to George Street which runs northwards from Bon Accord Shopping Centre. A range of multiple and independent retailers are in the immediate vicinity as is the North East Scotland College (immediately opposite on Loch Street).

Accommodation

Total floor area of 10,195 sq ft (947.14 sq m)

Terms

EPC The property has an EPC Rating of E.

TENURE Heritable (Scottish equivalent of English Freehold)

TENANCY The property is let to Graham Tiso Limited on full repairing and insuring terms until 29 March 2031 at a passing rent of £100,000 per annum. There is an open market rent review as at 30 September 2025.

Specification

• 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