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20 Ann St 2,062 SF Office Building Stonehaven AB39 2EN $371,982 CAD ($180.40 CAD/SF) 9.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term tenant
- Easy access to the A90
- Fitted out with multi-purpose rooms
EXECUTIVE SUMMARY
The opportunity comprises of a traditional property that provides a reception area along with office accommodation and meeting rooms. The reception benefits from a large display window to the street, while the internal area as a whole is fitted to use as an estate agency.
Other details:
- Currently let to James & George Collie LLP
- Lease expires 30th September 2039, subject to a tenant only break option on 30th September 2034
- Passing rent is £19,000 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 c.1984
Other details:
- Currently let to James & George Collie LLP
- Lease expires 30th September 2039, subject to a tenant only break option on 30th September 2034
- Passing rent is £19,000 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 c.1984
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,062 SF
Building Class
B
Year Built
1705
Price
$371,982 CAD
Price Per SF
$180.40 CAD
Cap Rate
9.31%
NOI
$34,632 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,062 SF
AMENITIES
- Security System
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20 Ann St
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