Retail Investment For Sale
- Offers Over ยฃ300,000
- 1826 - 3694 Sq Ft
Key Information
- Retail/restaurant investment
- Located on one of Aberdeen's major thoroughfares
- Let at a rent of ยฃ34,000 per annum until 15/12/2032
- Tenant has fitted out the premises
- Offers over ยฃ300,000 exc VAT, reflecting a net initial yield of 10.97%
Property Description
The property comprises two self-contained ground floor retail units, within a four storey building of granite construction with a slate covered roof. The details of each units are as follows: 22 King Street - A ground floor and basement retail unit that has Class 3 consent. The ground floor is fitted out as a restaurant and has 34 covers at the front, while the kitchen and toilets are located to the rear. Overhead air conditioning units provide heating. The basement, accessible externally from the rear, offers ample storage space for stock. 24 King Street - A ground floor retail unit that has Class 3 consent. The ground floor is fitted out as a restaurant with 62 covers to the front and a bar, with the kitchen and toilets located to the rear. Overhead air conditioning units provide heating.
