1 John Street
Aberdeen, AB25 1BTFor Sale
Size: 947.15 sq.m (10,195 sq.ft) - 0.93 sq.m (10 sq.ft)
Type: Investment
Location: Aberdeen City
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Highlights
- Modern retail warehouse.
- Total floor area of 10,195 sq.ft (947.14 sq.m)
- Passing rent of £100,000 per annum
- Prominent city centre location
- Let to Graham Tiso Limited until 29 March 2031
- Offers in excess of £950,000 exc VAT, reflecting a net initial yield of approximately 10%, after purchaser's costs
Overview
The subjects comprise a retail warehouse of steel portal frame construction clad externally with concrete block and profiled metal sheet walls incorporating substantial glazing for display purposes. The roof is clad with metal sheeting.
The unit provides excellent sales accommodation together with staff and storage areas. There is a private car park providing goods delivery access and customer parking for approximately 15 cars.