Large, tenanted commercial premises located in a busy road in Aberdeen. *** PRIME INVESTMENT OPPORTUNITY ***
Property is currently tenanted at £539.92 per month (£6,479 per annum) by Coral, a blue chip tenant, with the lease expiring in 2027. If achieved for the guide price this would generate a fantastic gross annual yield of 12.9%. *** HIGH YIELDING INVESTMENT OPPORTUNITY ***
Property comprises: Ground floor commercial premises with large sales floor, small staff cafeteria area, and staff toilets.
Location
Glenbervie Road in Aberdeen is an excellent location for commercial property, offering a strategic position within a well-connected area of the city. Known for its accessibility, the area is ideal for businesses seeking proximity to the city center while benefiting from the quieter environment of a secondary commercial hub.
The property is conveniently situated near key transport routes, ensuring ease of access for customers, employees, and deliveries. Public transport links are frequent and reliable, with nearby bus routes connecting the area to Aberdeen city center and surrounding neighborhoods. Additionally, the location provides straightforward access to main arterial roads such as the A96 and A90, making it highly accessible from all parts of the city and beyond.
Glenbervie Road is surrounded by a mix of residential and commercial establishments, creating a steady flow of foot traffic and a diverse customer base. The area is well-served by local amenities, including eateries, retail shops, and professional services, which contribute to a thriving business environment.
With its strategic location and excellent connectivity, this commercial property on Glenbervie Road presents a fantastic opportunity for businesses looking to establish or expand their presence in Aberdeen.
Accommodation
Property extends to 637.22 square feet (59.2 square metres)
Terms
Guide Price - £50,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Large, tenanted commercial premises located in a busy road in Aberdeen. *** PRIME INVESTMENT OPPORTUNITY ***
- Property is currently tenanted at £539.92 per month (£6,479 per annum) by Coral, a blue chip tenant, with the lease expiring in 2027. If achieved for the guide price this would generate a fantastic gross annual yield of 12.9%. *** HIGH YIELDING INVESTMENT OPPORTUNITY ***
- Property extends to 637.22 square feet (59.2 square metres) and benefits from a rateable value of £5,702, benefitting from small business rates relief, and making it an attractive option to future tenants. *** SMALL BUSINESS RATES RELIEF ***
- Property is sure to appeal to an investor looking for an attractive, cash flowing investment opportunity located in a sought after location of Aberdeen.
- Prominent position on Glenbervie Road. Large premises in a FANTASTIC LOCATION. Sure to appeal to a shrewd investor looking for a fantastic addition to an existing portfolio. *** SUPERB INVESTMENT OPPORTUNITY ***