The opportunity comprises of a detached property with main road frontage and associated drive thru facilities. The premises can be accessed from the retail development or from a secondary entrance from Great Northern Road. There is additional car parking within the retail development for customer use. The unit underwent a significant redevelopment and upgrade in late 2020/early 2021 to create a standalone drive thru unit and consequently provides for modern accommodation with the benefit of extensive glazing. Internally, the unit has undergone substantial investment resulting in a high quality, well-designed and spacious interior. The accommodation provides for a seating area, serving area, kitchen, preparation area and staff and customer facilities.
Location
The subject premises are located within Haudagain Retail Park, a prominent retail development situated at the Haudagain roundabout where the main arterial routes of the A90 and A96 trunk roads meet. The location is easily accessible from all parts of the City and occupiers within the locale include American Golf, KFC, Pizza Hut, Majestic Wine and Farmfoods.
Accommodation
SIZE – 167.2 SQ.M (1,800 SQ.FT)
Terms
LEASE TERMS & RENTAL The subjects are held on a Full Repairing and Insuring lease subject to service charge expiring 26th July 2039 at a passing rental of £70,000 per annum. The rental is subject to an upward only rent review as at July 2024 and 5 yearly thereafter. There is a provision within the lease for a tenant only break option as at 26th July 2029 upon providing 6 months prior written notice. It is our client’s intention to assign their leasehold interest in the premises.
VAT All figures quoted are exclusive of VAT at the prevailing rate
Specification
- PROMINENT LOCATION
- SITUATED ON MAIN ARTERIAL ROUTE IN THE CITY
- PASSING RENTAL – £70,000 PER ANNUM
- LEASE EXPIRY – 26TH JULY 2039