May Sell - Knight Frank

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To Let / May Sell Retail Unit with Ancillary Manager’s Accommodation

2 Urquhart Road, Oldmeldrum, Inverurie, AB51 OEX Retail unit now with Class 3 Food and Drink consent Ground floor retail accommodation extending to 110.72 sq. m (1,192 sq. ft) First floor residential accommodation extending to 134.83 sq. m (1,451 sq. ft) (Potential for change of use) Prominent location in the heart of Oldmeldrum

01224 644272

KnightFrank.co.uk/aberdeen 4 Albert Street, Aberdeen AB25 1XQ @KnightFrankAbdn



2 Urquhart Road, Oldmeldrum, Inverurie, AB51 OEX Location

Floor Area

The subjects are located in the heart of the popular market town of Oldmeldrum on the east side of Urquhart Road, located just off the main square.

We calculate the approximate floor area of the premises as follows. The ground floor has been measured to Net Internal Floor area:-

Oldmeldrum is located 5 miles north-east of Inverurie and approximately 18 miles north-west of Aberdeen. The subject is located within close proximity to both the B9170 leading to Inverurie which in turn has good access to the A96, as well as the A947 leading to Dyce. The exact location can be seen on the undernoted plan.

Description Ground Floor Shop

Sq.m

Sq.ft

109.65

1,180

The first floor has been measured to Gross Internal Floor Area:Description First Floor Flat

Sq.m

Sq.ft

134.83

1,451

The above areas have been calculated in accordance with the RICS Code of Measuring Practice (Sixth Edition).

Lease Terms The subjects are available as a whole on the basis of a new full repairing and insuring lease. Any medium/long term leases will provide for periodic rent reviews.

Rent £13,000 per annum, exclusive of VAT, payable quarterly in advance.

Price Our client would consider selling the property (Price on application).

Rateable Value The ground floor of the building is currently entered in the Valuation Roll as follows:Rateable Value: £7,200 The first floor is currently entered into the Council Tax list as a Band C.

Description The subjects comprise a charming traditional two storey building of granite construction. The building is Grade C listed and has played a significant role in the community for a number of years as it was originally home to the Old Brewery. The accommodation was previously used as a retail shop, paper boutique and café on the ground floor, with three spacious retail areas as well as an office/storage room at the rear. Owner’s accommodation occupies the first floor, as well as a floored attic area which provides additional storage space. The residential floor comprises a living room, kitchen, bathroom as well as three bedrooms. The first floor has the potential to be converted to provide further retail or office space (Subject to a Change of Use). Lighting is provided by a mixture of spot lighting and fluorescent strip lighting while heating is provided by wall mounted radiators, served by a gas fired central heating system.

Legal costs Each party will be responsible for their own legal costs in respect of this transaction. The incoming tenant will be responsible for any Land & Buildings Transaction Tax and registration dues, if applicable.

Energy Performance Certificate The subjects have an EPC Rating of B (87). Full documentation is available upon request.

VAT All prices quoted in the schedule are exclusive of VAT.

Entry Immediately, following the conclusion of legal formalities.

Planning permission for change of use on ground floor level from Class 1 (shops) to Class 3 (Food and Drink) has been granted. Further details can be provided on request.

Viewing and Offers

Parking

legal form:-

Although there is no car parking exclusively dedicated to the property, there is a public cark park located directly opposite the property on Baker Street.

Contacts

By prior arrangement with the sole letting/selling agents, to whom all formal offers should be submitted in Scottish

Olie Dorman 01224 415953 [email protected] Eric Shearer 01224 415948 [email protected]

Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. August 2017. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice. Viewing by appointment only. February 2018. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London W1U 8AN, where you may look at a list of members’ names.