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Investment Highlights
- The subjects are located in on Justice Mill Lane within Aberdeen City Centre
- Established bar and nightlife area
- The area is a popular leisure location
Executive Summary
The property comprises a traditional stone-built commercial building located within Aberdeen city centre. The subjects are arranged over multiple levels with upper floor accommodation forming the main trading areas. The building sits within a busy leisure pitch on Justice Mill Lane, surrounded by a mix of bars, restaurants and nightclubs, with nearby office and residential developments contributing to strong levels of activity in the immediate area.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
The available space comprises a former nightclub arranged over first and second floors, accessed from street level via a dedicated entrance and stairwell. The first floor provides two separate bar areas with associated customer WC facilities. The second floor offers an additional bar area along with staff and customer facilities, including office space, utility area and tea preparation area. A beer store is located at ground floor level. The accommodation is fitted to a good standard and supports a variety of leisure uses.
Sale Notes
Bar for lease/for sale in popular location
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 44 | 8,642 SF | Retail | $470,598 CAD ($54.45 CAD/SF) | - |
Unit 44
| Unit Size |
| 8,642 SF |
| Condo Use |
| Retail |
| Price |
| $470,598 CAD ($54.45 CAD/SF) |
| NOI |
| - |
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Unit 44
| Unit Size | 8,642 SF |
| Condo Use | Retail |
| Price | $470,598 CAD ($54.45 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| The available space comprises a former nightclub arranged over first and second floors, accessed from street level via a dedicated entrance and stairwell. The first floor provides two separate bar areas with associated customer WC facilities. The second floor offers an additional bar area along with staff and customer facilities, including office space, utility area and tea preparation area. A beer store is located at ground floor level. The accommodation is fitted to a good standard and supports a variety of leisure uses.</li></ul> | |
| Sale Notes | |
| Bar for lease/for sale in popular location</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 | 15,518 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,528 SF |
| Property Subtype | Bar | Year Built | 1976 |
| Building Class | B | Lot Size | 0.42 AC |
| Total Building Size | 15,518 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Bar |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 3,528 SF |
| Year Built | 1976 |
| Lot Size | 0.42 AC |
Amenities
- 24 Hour Access
- Security System
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
44-56 Justice Mill Ln
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