The subjects comprise a ground floor retail unit with basement storage which is contained within a traditional, mid-terraced 5 storey and mansard building of granite construction with a pitched and slate covered roof. The upper floors are used as office accommodation and are separately demised.
Internally, the ground floor accommodation comprises a main sales area with storage cupboard to the rear. The basement is accessed via a stair to the rear and provides a manager’s office, ample storage space, staff area with small tea prep and single WC.
To accommodate larger requirements, there is potential to combine the subject unit with 88 Union Street, the unit immediately adjacent. This will provide an occupier with an additional 861 sq ft of accommodation. Additional information is available on request..
Location
The property is prominently located on the north side of Union Street, Aberdeen’s main commercial thoroughfare, close to its junction with Market Street. The unit is directly opposite what is recognised as the prime pitch of Union Street, and is anchored to the east by the St Nicholas and Bon Accord shopping centres, the Trinity Centre to the west, and Union Square to the south.
Surrounding occupiers comprise a mix of retail, professional services and leisure use and include Timpson, Caffè Nero, Peterkins, Marks & Spencer, Sports Direct, Virgin Money, Royal Bank of Scotland, HSBC, Ecco, JD, McDonald’s and Taco Bell.
Accommodation
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a net internal (NIA) and extend to the following approximate areas:
Ground Floor - 88.95 sq m (957 sq ft)
Basement - 33.80 sq m (364 sq ft)
TOTAL - 123.0 sq m (1,321 sq ft)
Gross Frontage- 9.96m
Net Frontage - 9.07m
Terms
LEASE TERMS - The premises are available by way of a new Full Repairing and Insuring lease. Any medium to long term lease will provide for upwards only rent reviews at periodic intervals
RENT - £57,500 per annum, exclusive of VAT.
RATEABLE VALUE - £60,500, effective from 1st April 2017.
EPC - Full documentation can be provided upon request.
LEGAL COSTS - Each party shall be responsible for their own legal costs incurred in the transaction. The ingoing occupier will be responsible for LBTT and registration dues, if applicable