43 Dee St 1,919 SF 100% Leased Office Building Aberdeen AB11 6DY $461,459 CAD ($240.47 CAD/SF) 11.71% Cap Rate

The property has been leased on Full Repairing and Insuring terms to The House of Hair (Aberdeen) Ltd since 14th July 2021. The tenant personally guarantees the lease and the repairing obligations are restricted by way of a schedule of condition. A 5 year lease extension is in the process of being documented taking the lease expiry to 13th July 2031. The passing rent is £30,000 per annum and there are no further rent reviews.

The subjects comprise a substantial, detached, two storey and attic, stone built building with private parking for approximately 15 cars. The ground floor compromises reception area, waiting room, staffroom, staff wc , customer wc and two private treatment rooms. The first floor comprises the main salon area with further treatment room and the attic provides two storage rooms. The property benefits from gas central heating and is Category B Listed.