Commercial property for sale in 1 -3 Albyn Terrace, Aberdeen AB10
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Recently refurbished multi let office investment
- Situated in the heart of Aberdeen's West End
- Largely contemporary office space comprising 11,638 sq. Ft with 24 car parking spaces and 8 garages.
- Multi-let with diversified business sector income including ground floor let to Handelsbanken
- Let off re-based rents - fully substantiated by recent lettings activity
- Recent landlord investment of over £250,000
- Offers over £1,750,000 exc VAT, reflecting a net initial yield of 10.70%
Property description
The premises comprise an architecturally attractive Category B Listed building of granite and slate construction, together with a secure private car park and garages accessed via lane at the rear.
The building is made up of three interlinked terraced buildings with accommodation arranged
over four floors - lower ground, ground, first and second. The building largely offers open plan modern contemporary suites. There are toilet and kitchen facilities on all floors. The building has multiple access points on Albyn Terrace, Prince Arthur Street and rear, which provides some occupiers with an exclusive entrance.
The landlord has recently invested approx. £250,000 into the property including roof repaired and renewed, two new boilers and redecoration of the common areas.
A total of 24 car exclusive car parking spaces are provided with the property. The private car park at the rear provides 20 car spaces has a barrier entry system. Four additional car parking spaces are provided at the rear of the property. This provides an excellent car parking ratio of 1:485 sq. Ft.
There are eight lock-up garages within the site boundaries which are accessed from the lane to
the rear.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Graham + Sibbald, AB10 on +44 1224 088967 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham + Sibbald, and do not constitute property particulars. Please contact Graham + Sibbald for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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