to let city centre retail unit with change - Ryden

Report 0 Downloads 21 Views
25 Albyn Place, ABERDEEN AB10 1YL Tel: 01224 588866

TO LET CITY CENTRE RETAIL UNIT WITH CHANGE OF USE POTENTIAL (SUBJECT TO PLANNING)

17 BELMONT STREET

Viewing is strictly by arrangement with the sole letting agent.

ABERDEEN AB10 1JR

Floor space: 324.98 sq m (3,498 sq ft)

Contact: Andrew Smith Daniel Stalker Telephone: 01224 58886 [email protected] [email protected]

Edinburgh 0131 225 6612

Glasgow 0141 204 3838

Aberdeen 01224 588866

Leeds 0113 243 6777

Dundee 01382 227900

London 020 7436 1212

Location: The subject is situated on Belmont Street, just off of Union Street, Aberdeen’s principal retail thoroughfare. The surrounding area generally comprises of a variety of different venders within the retail and leisure sectors, including Jack Wills, Attic, Nando’s, Pizza Express, Costa Coffee and Revolucion de Cuba. The exact location of the premises can be shown on the street map above.

The subjects are well lit with panel lighting incorporated into the roof, with floor to ceiling windows at the rear of each floor providing excellent natural light. The flooring on the ground and lower ground levels is laminate, whereas the basement is carpeted. Accommodation: The premises have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following net internal floor areas derived:

Ground Floor

124.84 sq m

1,344 sq ft

Lower Ground Floor

31.60 sq m

1,421 sq ft

Basement

68.10 sq m

733 sq ft

Total

224.54 sq m

3,498 sq ft

Rateable Value: The property is entered in the current Valuation Roll with an NAV/RV of £44,950 effective from 1 April 2017. We would point out that an incoming occupier would have the opportunity to appeal this Rateable Value. Lease Terms: Our client is willing to consider flexible lease terms depending upon covenant strength. Any medium to long term lease will provide for periodic rent reviews. Rent: £30,000 per annum, exclusive of VAT, payable quarterly in advance. Entry: Entry is available immediately, subject to conclusion of legalities. Energy Performance Certificate (EPC): The subjects have an EPC Rating of E. A copy of the EPC and Recommendation Report can be provided upon request. VAT: Unless otherwise stated, all prices, premiums and rents quoted are exclusive of Value Added Tax (VAT). Any prospective tenant must satisfy themselves as to the incidence of VAT in respect of any transaction.

Description: The subject comprises a retail unit within a substantial five storey building which appears to be of rendered concrete block construction, with a pitched roof, clad with slate tiles. The subjects are split over three levels – ground floor, lower ground floor and basement. The ground floor benefits from exclusive frontage onto Belmont Street. It also has the advantage of WC and tea prep facilities. The lower ground floor benefits from WC facilities and a large store room separate from the main trading area. The basement level benefits from WC and tea prep facilities. There is also a separate egress point to both the lower and ground floors.

Legal Costs: In the normal manner, each party will be responsible for their own costs incurred in the transaction, however the ingoing tenant will be responsible for the LBTT and registration dues. Viewing: To arrange a viewing or for further information, please contact: Ryden LLP 25 Albyn Place Aberdeen AB10 1YL Tel: 01224 588866 E-mail: [email protected] [email protected] April 2018

Ryden is a limited liability partnership registered in Scotland Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property