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Retail Premises To Let / May Sell, 498 King Street, Aberdeen, AB24 5ST

49 Sq Mt / Retail / Retail - High Street

For Sale

To Let - £10,000.00 per annum

Available - Last updated: 09 August 2024

The property comprises a ground floor retail unit within a three storey and basement, granite tenement building with a pitched and slated roof. The upper floors and basement of the building are used for residential purposes.
Internally, the ground floor comprises an open plan retail space. A partition to the rear encloses a W/C and storage area.
( Agency Pilot Software ref: 53379 )

Location

The property occupies a prominent pitch on the east side of King Street, between Linksfield Road and Regent Walk. King Street is one of the main thoroughfares in Aberdeen, running from the city centre towards the northern suburbs. The property is located opposite the University of Aberdeen, which enrols approximately 14,000 students annually, contributing to healthy footfall in the area. The surrounding area has a healthy mixture of commercial and residential uses, surrounding occupiers include: The Bobbin, Tesco, The Cooperative and Baird’s Pharmacy

Accommodation

Total area: 49.08 sq. m (528 sq. ft)

Terms

RENT £10,000 per annum, exc.

PRICE On application

LEASE TERMS: The subjects are available on a Full Repairing and Insuring lease of negotiable duration.

RATING: The subjects are entered into the Valuation Roll as follows: Rateable Value - £6,800. The Uniform Business Rate for the year 2024/2025 is 49.8p in the £. An incoming occupier may be eligible for 100% rates relief under the Small Business Bonus Scheme.

ENERGY PERFORMANCE CERTIFICATE (EPC): The subjects have a current

Energy Performance Certificate of TBC. Further details are available on request

VAT: All figures quoted are exclusive of Value Added Tax (VAT), that may be applicable.

LEGAL COSTS: Each party will be responsible for their own legal costs associated with this transaction. The ingoing occupier will be liable for any LBTT and Registration dues

Specification

• Prominent location on King Street
• Close proximity to Aberdeen University

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold NA NA
  To Let £10,000.00 per annum

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Euan Rolland

Graham + Sibbald

01224 516 309

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