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181B Union St 1,350 SF Retail Condo Unit Offered at $437,079 CAD in Aberdeen AB11 6BB
INVESTMENT HIGHLIGHTS
- Prime city centre location
- The subjects are located within the heart of Union Street
- Prominent frontage
EXECUTIVE SUMMARY
Prominent Location on Union Street near the busy Union Terrace junction. Neighbouring occupiers include Murkur Amusements, Barclays Bank, Cafe Nero and Sally Beauty.
PROPERTY FACTS
| Total Building Size | 19,911 SF | Typical Floor Size | 3,982 SF |
| Property Type | Office (Condo) | Year Built | 1876 |
| Building Class | C | Lot Size | 0.14 AC |
| Floors | 5 |
| Total Building Size | 19,911 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 3,982 SF |
| Year Built | 1876 |
| Lot Size | 0.14 AC |
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Storage Space
1 UNIT AVAILABLE
Unit 181B
| Unit Size | 1,350 SF | Tenure | Freehold |
| Price | $437,079 CAD | Cap Rate | 13.79% |
| Price Per SF | $323.76 CAD | NOI | $60,261.16 CAD |
| Condo Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 1,350 SF |
| Price | $437,079 CAD |
| Price Per SF | $323.76 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 13.79% |
| NOI | $60,261.16 CAD |
| Sale Conditions | Auction Sale |
DESCRIPTION
Let to Coral Racing Limited on a lease expiring 2031 (No breaks). The tenant has recently extended the lease showing commitment to site.
SALE NOTES
Heritable Betting Office Investment Well Located on Union Street, Aberdeen Let to Coral Racing Limited until 2031 with no breaks Investment let at £32,400 pa.
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181B Union St
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