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The Exchange No 1 & 2, Market Street, Aberdeen, Scotland, AB11 5PJ

Offers in Excess of
£4,500,000

£54.40 per sq ft

Business rates & charges may apply

Ryden LLP, Aberdeen
SIZE AVAILABLE

82,726 sq ft

7,685 sq m

SECTOR

Office for sale

Key features

  • Very prominent city centre location with striking views over Aberdeen harbour
  • Approximate total floor area of 82,726 sq ft (7,685 sq m)
  • Total current rental income of £930,320 per annum
  • Low risk tenants with a range of vacant refurbished suites
  • Asset management opportunities via lease regears and new lettings
  • Heritable interest (Scottish equivalent of English Freehold)
  • WAULT of 2.9 years to expiry (2.6 years to break)
  • Offers in excess of £4,500,000 are invited, reflecting a net initial yield of 19.40%
  • Low capital rate of £54.40 per sq ft provides an excellent opportunity to add value and create profit

Description

HIGH YIELDING OFFICE INVESTMENT WITH IMMEDIATE POTENTIAL TO ADD VALUE

Brochures

The Exchange No 1 & 2, Market Street, Aberdeen, Scotland, AB11 5PJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aberdeen Station0.1 miles
  • Dyce Station5.6 miles

About Ryden LLP, Aberdeen

The Capitol, 431 Union Street, Aberdeen, AB11 6DA

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 15687FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ryden LLP, Aberdeen. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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