131 Union Street, Aberdeen, AB1 6BH

This is an attractive compact shop with a return elevation and excellent width to depth ratio. Clear sales at ground level and staff / storage at both basement and sub-basement levels. As the existing tenant Thorntons plc have not committed to renew their lease which expires in 3 February 2017 we expect that the shop will be returned in pristine condition.

Location

The shop is positioned within the 100% prime pitch of Union St Aberdeen, adjacent to EE and other leading multiples including McDonalds, Clarks Shoes, Primark and all those within the Trinity Shopping Centre which provides a link to Union Square Shopping Centre and the main Railway station.

Terms

Planning
Class 1 retail is established however with the delayed entry date there is ample time to submit a planning application for change to Class 2 or 3.

Rating
Entered in the current Valuation Roll at RV £66,500, rates payable approximately £33,250.
As at 1 April 2017 the subjects will be re-assessed and we would hope for a reduction to reflect the drop in rental values on Union St.

Lease Terms
The premises are offered on a full repairing and insuring lease of minimum 10 years duration perhaps with a break option at the end of year 5. We are seeking an initial rental in the region of £65,000 pax.