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9 & 13/15 St. Andrew Street, Aberdeen, AB25 1BQ

For Sale

  • Tenure

    For Sale
  • Type

    Investment - Retail
  • Price

    Offers in Excess Of £215,000
  • Size

    903 Sq Ft

Overview

· Two city centre retail units
· Let to local barber & beautician
· Offers over £215,000
· No VAT payable
· Price reflects a net initial yield of 10.50%

The property is located in Aberdeen's City Centre on the north side of St Andrew Street, close to the junction with George Street. The Bon Accord Shopping Centre is in close proximity as is the Gallowgate Campus of the North East of Scotland College.

The surrounding area generally comprises of a variety of traditional tenement buildings, the ground floors of which comprise retail units. Nearby occupiers include Craigdon Mountain Sports, Powerhouse Fitness, Greggs, Indigo Sun, Nickel & Dime, and Magnet Kitchens.

The property comprises two adjacent ground floor retail units within a four storey building of granite construction with a slate roof. The units benefit from display windows/frontage onto St Andrew Street.

Internally the units are fitted out to suit the respective occupiers' hairdressing and beauty salon businesses. Each unit has an open plan sales area and No.13/15 has ancillary accommodation in the form of partitioned treatment rooms. Finishes generally include vinyl tiled flooring, plastered and painted walls/ceilings, a mix of fluorescent strip or spot lighting, electric heating and WC facilities.

The upper floors are residential and do not form part of the sale.