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51-53A Huntly St 5,381 SF 79% Leased Retail Building Aberdeen AB10 1TH $855,560 CAD ($159.00 CAD/SF) 13.87% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Arranged on basement, ground and 3 upper floors to provide a restaurant, hairdresser and office suite with 1 flat above
  • Benefits from secure gated parking for up to 13 cars (4 spaces currently let to Gavin Bain & Company)
  • Total gross internal accommodation of approx. 693.34 sqm (7,463 sq ft)

EXECUTIVE SUMMARY

Lot 57 was available for sale at an Allsop online auction that was hold on Thursday 6th of February 2025.
The property comprises an investment opportunity for sale.
The asking price is £460,000 - £490,000, representing a gross initial yield of 13.87%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
5,381 SF
Building Class
B
Year Built
1861
Price
$855,560 CAD
Price Per SF
$159.00 CAD
Cap Rate
13.87%
NOI
$118,666 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.12
Lot Size
0.11 AC
Parking
2 Spaces (0.45 Spaces per 1,000 SF Leased)
Frontage
70’ on Huntly Street

AMENITIES

  • Security System

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 53
  • 1,126 SF
  • Office
  • -
  • Now

The subjects comprise a third-floor office, contained within a traditional four storey midterraced building of blockwork construction under a slate covered mansard roof. The internal accommodation provides open plan office accommodation, two meeting rooms and male and female WCs.

Space Size Space Use Position Available
53 1,126 SF Office - Now

53

Size
1,126 SF
Space Use
Office
Position
-
Available
Now

53

Size 1,126 SF
Space Use Office
Position -
Available Now

The subjects comprise a third-floor office, contained within a traditional four storey midterraced building of blockwork construction under a slate covered mansard roof. The internal accommodation provides open plan office accommodation, two meeting rooms and male and female WCs.

NEARBY MAJOR RETAILERS

Starbucks
The Gym Group
SPAR
National Westminster Bank Plc
T S B
eurochange
Santander
Chopstix Noodle Bar
Nando's
Caffè Nero
  • Listing ID: 34997284

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: 51-53A Huntly St, Aberdeen AB10 1TH

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