Commercial property for sale in Albert Street, Aberdeen AB25

£3,300,000
Investment
Commercial property for sale

Property features

  • 25 residential properties
  • Rental income in excess of £175K Per annum
  • Located in a prime residential area
  • Excellent portfolio built up over the last 20 years.
  • 19 properties in Scotland and 9 in England
  • 21 freehold and 3 leasehold properties
  • Superb business and investment opportunity

Property description

Investment opportunity to acquire 27 residential properties which include 5 one bedroom flats, 18 two bedroom flats, 4 three bedroom flats and a block of 3 flats. Annual rental income is in excess of £175k generating over 6% return. Properties are in Scotland, Yorkshire and London. The flats have been totally renovated. Genuine reason for sale by the owner who is looking forward to his impending retirement and wishes to sell his multiple property portfolio. Freehold. Ref: 51061. Ref: 51061
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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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