City Centre end-terraced retail premises located approximately mile north-west of Aberdeen City Centre in close proximity to Kittybrewster Retail Park, Berryden Retail Park and the University of Aberdeen campus.
Location
Kittybrewster Shopping Centre is located on Clifton Road, adjacent to the junction with Powis Terrace and Great Northern Road. The shopping centre is located approximately 1 mile north-west of Aberdeen City Centre in close proximity to Kittybrewster Retail Park, Berryden Retail Park and the University of Aberdeen campus.Retailers located within the shopping centre include; William Hill, Domino’s Pizza, Crown Paints and Ladbrokes.
Accommodation
66.98 SQ M (721 SQ FT)
Terms
The subjects have an EPC Rating of F. A copy of the EPC and Reccomendation Report can be provided upon request.
RATEABLE VALUE We are advised that the subjects are currently entered in the Valuation Roll with a NAV/RV of £12,250 effective from 1 April 2023.
MANAGEMENT FEE & SERVICE CHARGE It should be noted that any ingoing tenant will be liable for a management fee of 6% of the passing rent for the management of the upkeep of the common areas. Service charge costs will also be applied in addition to the management fee.
ENTRY Upon agreement.
VAT All monies due under the lease will be VAT chargeable at the applicable rate.
LEGAL COSTS Each party will be responsible for their own legal costs incurred, with the ingoing tenant being responsible for any Land & Buildings Transactional Tax (LBTT), recording dues and VAT as applicable.
RENT £14,500 per annum, exclusive of VAT and payable quarterly in advance.
LEASE TERMS The landlord is willing to consider flexible lease terms depending upon covenant strength. Any medium to long-term lease terms will provide for periodic rent reviews
Specification
- END TERRACED RETAIL UNIT
- CLOSE PROXIMITY TO KITTYBREWSTER RETAIL PARK & BERRYDEN RETAIL PARK
- AMPLE CAR PARKING FACILITIES ARE PROVIDE ON SITE