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Investment Highlights

  • Granite city centre building
  • Basement storage accommodation
  • Ground floor commercial unit

Executive Summary

The property forms part of a traditional granite building arranged over four storeys with attic accommodation above ground floor commercial use. The ground floor benefits from a fully glazed frontage and dedicated signage fascia fronting the Adelphi, a small cul-de-sac just off Union Street in Aberdeen city centre. Surrounding uses comprise a mix of commercial occupiers at ground level with residential accommodation above, reflecting the established mixed-use character of the immediate locality.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 28
  • 1,135 SF
  • Retail
  • $278,658 CAD ($245.51 CAD/SF)
  • -
Sale Type Owner User
Tenure Freehold
Description
The accommodation comprises a fully fitted restaurant arranged at ground floor level within a four-storey and attic granite building. The space provides an open-plan customer seating area accommodating approximately 40 covers, a bar area, customer WCs, and a fully equipped commercial kitchen positioned to the right-hand side of the unit. Finishes include tiled, timber and vinyl flooring with painted plasterboard walls and ceilings. Natural light is provided via the glazed frontage, supplemented by spotlighting. Additional basement storage is accessed via a hatch, with heating provided by electric panel heaters.
Sale Notes
The property is offered freehold at £150,000, reflecting a potential gross yield of approximately 10% based on the quoting rent of £15,000 per annum. The premises are also available to let on a new full repairing and insuring lease of negotiable duration. A premium is payable for kitchen equipment, fit-out and licence, by separate negotiation.
Unit Unit Size Condo Use Price NOI
Unit 28 1,135 SF Retail $278,658 CAD ($245.51 CAD/SF) -

Unit 28

Unit Size
1,135 SF
Condo Use
Retail
Price
$278,658 CAD ($245.51 CAD/SF)
NOI
-

Unit 28

Unit Size 1,135 SF
Condo Use Retail
Price $278,658 CAD ($245.51 CAD/SF)
NOI -
Sale Type Owner User
Tenure Freehold
Description
The accommodation comprises a fully fitted restaurant arranged at ground floor level within a four-storey and attic granite building. The space provides an open-plan customer seating area accommodating approximately 40 covers, a bar area, customer WCs, and a fully equipped commercial kitchen positioned to the right-hand side of the unit. Finishes include tiled, timber and vinyl flooring with painted plasterboard walls and ceilings. Natural light is provided via the glazed frontage, supplemented by spotlighting. Additional basement storage is accessed via a hatch, with heating provided by electric panel heaters.</li></ul>
Sale Notes
The property is offered freehold at &#163;150,000, reflecting a potential gross yield of approximately 10% based on the quoting rent of &#163;15,000 per annum. The premises are also available to let on a new full repairing and insuring lease of negotiable duration. A premium is payable for kitchen equipment, fit-out and licence, by separate negotiation.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 1,135 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class C
Floors 5
Typical Floor Size 1,135 SF
Year Built 1900
Tenancy Single
Lot Size 0.04 AC

Amenities

  • Restaurant
  • Storage Space
  • Smoke Detector

Nearby Major Retailers

Pure Gym
Caffè Nero
Black Sheep Coffee
Costa Coffee
Starbucks
Pret A Manger
Sainsbury's
HSBC
Virgin Money
TSB Bank
  • Listing ID: 40672619

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 28 Adelphi, Aberdeen AB11 5BL

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