3 Queens Terrace, Aberdeen, Aberdeenshire, AB10

Location
The property is prominently located on Queen's Terrace in the heart of Aberdeen's prestigious West End business district. Queen's Terrace is located only a short distance from Union Street, the city's principal shopping thoroughfare.

Nearby occupiers include Genesis, Hall Morrice, Stronachs and Nexos, Brewin Dolphin and Apollo Engineering.

There is great amenity in the area with Parx Café, No. 10 Bar & Restaurant, Co-op, Cognito at the Cross and the Michelin awarded Amuse Restaurant all located nearby. Union Street, the city's principal thoroughfare, is also within a short walking distance as well as Thistle Street, with its vast array of local food and drink operators.

Description
The property comprises a midterraced granite property with a pitched and slate covered roof. The building is arranged over four floors and benefits from:

- Suspended Ceiling
- Cat 2 Lighting
- Passenger Lift
- Carpeted Flooring

Accommodation
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a net internal basis (NIA) and extend to the following approximate floor areas:

Lower Ground Floor - 2,976
Ground Floor - 2,817
First Floor - 2,892
Second Floor - 2,723
TOTAL - 11,408

Car Parking
The subjects provide 14 exclusive car parking spaces.

Rent
£12.50 psf, exclusive of VAT.

Price
£500,000, exclusive of VAT.

Lease Terms
Our client is seeking to lease the subjects on a Full Repairing and Insuring basis for a period to be agreed.

Rateable Value
The current rateable value for the property as of the 1st of April 2024 is:

£174,000

Energy Performance Certificate
The EPC is B27 Full documentation can be made available upon request.

VAT
All figures are exclusive of VAT, which will be payable at the prevailing rate.

Date of Entry
Immediate upon conclusion of legal missives.

Legal Costs
Each party will be responsible for their own legal costs incurred in documenting a transaction. The ingoing occupier will be responsible for any LBTT and Registration Dues, if applicable.

Viewing & Further Information
For viewings, or further information, please contact the sole marketing agents.