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For Sale
Molly Malones, 224 Union Street, Aberdeen, Aberdeenshire, AB10 1TL
Tenure

For Sale

Type

Investment

Price

£800,000 Offers Over

Size

2,050 Sq Ft

Ref No

11412

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Property Highlights

  • City centre Irish themed licensed premises
  • Comprehensive £500,000 refurbishment in 2025
  • Leased to Greene King Brewing & Retailing Limited
  • Very strong covenant - Creditsafe Rating 86A
  • 25 years unexpired (no breaks)
  • Passing Rent - £59,500 per annum
  • 5 yearly open market rent reviews
  • Offers over £800,000 invited excluding VAT
  • Net initial yield of 7.06%, after deduction of purchaser's costs

Overview

Licensed Trade Investment Opportunity

Daniel Stalker Image

Daniel Stalker

Partner

Ken Shaw Image

Ken Shaw

Partner

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