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1-7 East Craibstone St 10,422 SF Office Building Aberdeen AB11 6YQ $1,487,930 CAD ($142.77 CAD/SF)
INVESTMENT HIGHLIGHTS
- Long-term tenant
- High variety of local amenities
EXECUTIVE SUMMARY
The opportunity comprises of traditional granite and slate townhouses located on East Craibstone Street along with a further attached building at 30 Bon Accord Street, all of which is used for office purposes and inter-connected.
East Craibstone Street is used as the main reception and offices for the occupier.
Relevant details:
- Let to James & George Collie LLP
- Lease expires 30th September 2039, subject to tenant only break option on 30th September 2034
- Passing rent of £95,000 pa, subject to a rental reduction spread over the first five years of the lease
- Five-yearly rent reviews
- FRI terms, reduced repairing obligation over term of the lease
- Tenant has been in occupation since 1924
East Craibstone Street is used as the main reception and offices for the occupier.
Relevant details:
- Let to James & George Collie LLP
- Lease expires 30th September 2039, subject to tenant only break option on 30th September 2034
- Passing rent of £95,000 pa, subject to a rental reduction spread over the first five years of the lease
- Five-yearly rent reviews
- FRI terms, reduced repairing obligation over term of the lease
- Tenant has been in occupation since 1924
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
10,422 SF
Building Class
B
Year Built
1715
Price
$1,487,930 CAD
Price Per SF
$142.77 CAD
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
3,385 SF
Building FAR
4.10
Lot Size
0.06 AC
AMENITIES
- Security System
- Storage Space
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1-7 East Craibstone St
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