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Belmont St - The Academy 12,352 SF Retail Condo Unit Offered at $1,862,154 CAD in Aberdeen AB10 1LB
EXECUTIVE SUMMARY
The subjects form part of The Academy which was previously the Aberdeen Academy School which was refurbished and restored in 1998 to create a multi use commercial complex. The property of a three storey height with access to the units from Belmont Street or the internal Courtyard with a granite and harled finish. The roof over is slate.
PROPERTY FACTS
| Total Building Size | 67,000 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 14,169 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1900 |
| Building Class | B | Lot Size | 1.20 AC |
| Total Building Size | 67,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 14,169 SF |
| Year Built | 1900 |
| Lot Size | 1.20 AC |
AMENITIES
- Courtyard
- Fenced Lot
- Property Manager on Site
- Security System
- Storage Space
- Air Conditioning
1 UNIT AVAILABLE
Unit Restaurant
| Unit Size | 12,352 SF | Condo Use | Retail |
| Price | $1,862,154 CAD | Sale Type | Investment |
| Price Per SF | $150.76 CAD | Tenure | Freehold |
| Unit Size | 12,352 SF |
| Price | $1,862,154 CAD |
| Price Per SF | $150.76 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
The subjects form part of The Academy which was previously the Aberdeen Academy School which was refurbished and restored in 1998 to create a multi use commercial complex. The property of a three storey height with access to the units from Belmont Street or the internal Courtyard with a granite and harled finish. The roof over is slate.
SALE NOTES
Unit 10 is let to Nando's Chickenland Ltd until 16/07/2032 and unit 10A let to Osan Yildiz t/a Laila until 12/09/2032 with a TBO 12/09/2027 with a gross income of £95,000pa. Unit 7 and Block 2 2nd Floor both vacant which represent an opportunity for a purchaser to add additional income to the existing revenue.
NEARBY MAJOR RETAILERS
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Belmont St - The Academy
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