The subjects comprise an end terrace former funeral home fronting Waverley Place with access to the rear via Waverley Lane. The subjects fronting Waverley Place comprise a single storey building which provides several cellular offices and storage with w.c. facilities.
( Agency Pilot Software ref: 53768 )
Location
The subjects are located on the North side of Waverley Place and is well situated in the heart of Aberdeen’s West End district. The property lies approximately one mile East to Anderson Drive (A90), the city’s main arterial route providing excellent transport links to the North and South of the City. Aberdeen’s rail and bus stations are a short walk East from the subjects, affording ease of access to public transport. A variety of local amenities, including Union Street, are situated within walking distance including restaurants, cafes and hotels together with a range of retail offerings.
Accommodation
Ground Floor 214.1 sq m (2,304sq ft )
First Floor 111.4 sq m (1,199 sq ft )
Total 325.5sq m ( 3,503 sq ft )
Terms
ENERGY PERFORMANCE CERTIFICATE The subjects have an EPC Rating of C.
LEASE TERMS Our clients hold a leasehold interest on a full repairing and insuring basis until lease expiry of 3rd June 2035 subject to a tenant only break option at 4th June 2030. Our client is seeking to assign or sub-lease their leasehold interest
RATEABLE VALUE The subjects have a rateable value of £11,000 effective from 1 April 2023. The Rate Poundage for 2024/25 is 49.8p.
LEGAL COSTS Each party will bear their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any Land and Buildings Transaction Tax (LBTT) and Registration Dues, as appropriate.
VAT All figures quoted are exclusive of Value Added Tax (VAT)
Specification
• Retail unit suitable for other uses subject to planning
• West end location
• Rateable Value falls under the Small Business Bonus Scheme threshold