Log In/Sign Up
Your email has been sent.
20 North Esplanade W 2,561 SF Retail Building Aberdeen AB11 5RN $4,379,188 CAD ($1,709.95 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prominent freehold roadside investment in central Aberdeen
- The site extends to approximately 0.22 hectares (0.54 acres)
- Fronting the inner ring road with high visibility and traffic flow
EXECUTIVE SUMMARY
For Sale: £2,350,000
- Prominent Petrol Filling Station Investment
The premises are let on a Full Repairing and Insuring terms to Motor Fuel Limited with the lease expiring on 20th April 2041 giving a remaining term in excess of 15 years with no break options. The passing rent is £140,000 per annum and there is provision within the lease for 5 yearly, upward only rent reviews with the next being due on 20th April 2026 and 5 yearly thereafter. The rent review is based on a CPI increase with a cap and collar of 1% & 3% per annum.
- Prominent Petrol Filling Station Investment
The premises are let on a Full Repairing and Insuring terms to Motor Fuel Limited with the lease expiring on 20th April 2041 giving a remaining term in excess of 15 years with no break options. The passing rent is £140,000 per annum and there is provision within the lease for 5 yearly, upward only rent reviews with the next being due on 20th April 2026 and 5 yearly thereafter. The rent review is based on a CPI increase with a cap and collar of 1% & 3% per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Service Station
Building Size
2,561 SF
Building Class
B
Year Built
1991
Price
$4,379,188 CAD
Price Per SF
$1,709.95 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.54 AC
AMENITIES
- Security System
1 1
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
20 North Esplanade W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.