The subjects comprise a ground floor retail unit with a basement contained within a four-storey mid-terraced tenement.
The property is of granite construction with a pitched and slate covered roof. The premises benefits from a modern fully glazed frontage and a single recessed entrance door.
Internally, the ground floor accommodation comprises and open plan sales area, whilst the basement provides further open plan accommodation with tea prep and WC facilities.
( Agency Pilot Software ref: 54108 )
Location
The retail unit is located on the north side of Union Street, Aberdeen’s main commercial throughfare, near the junction with Summer Street and Bon Accord Terrace. Nearby occupiers include: Vovem Meat & Liquor, Nat West, Pret A Manger, Signature, The Howff, Wild Ginger, Pizza Express and Soul
Accommodation
Ground Floor 54.40sq m ( 586 sq ft )
Basement 69.56sq m ( 749 sq ft )
TOTAL 123.96 sq m (1,335 sq ft )
Terms
RATEABLE VALUE £13,250 effective from 1 April 2023.
RENT On application.
LEASE TERM The property is available on a new Full Repairing and Insuring Lease.
UNION STREET EMPTY SHOPS GRANT SCHEME Tenants/purchasers may qualify for a grant of up to 50% of project costs for eligible physical works and reconfiguration with a maximum award amount of £35,000. For further information email unionstreet@aberdeencity.gov.uk or go to https:// www. aberdeencity.gov.uk/services/ services-business/empty-shops-grant-scheme.
PERMITTED USE Permission for Class 3 (Food & Drink) has been granted by Aberdeen City Council.
VAT All monies due under the leaser will be VAT chargeable at the applicable rate.
EPC The subjects have an EPC Rating of F. A copy of the EPC and Recommendations Report can be provided upon request.
ENTRY By arrangement.
LEGAL COSTS Each party will bear their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any Land and Building Transaction Tax (LBTT) and Registration Dues, as appropriate
Specification
• Located on the north side of union street
• Gross internal area – 123.96 sq.m (1,335 sq. ft)
• Potential to qualify for union street empty shops grant schemes