1 Queen's Cross, Aberdeen, Scotland, AB15 4XU

Offer in excess of

£1,950,000

Size

8,515

Tenure

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EPC

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Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • Outstanding single-let office and banking hall
  • Strong tenant covenant, Clydesdale Bank plc T/A Virgin Money
  • Break option recently removed, providing 4.7 years unexpired
  • Very low risk CreditSafe rating of 86A
  • Passing rent of £225,250 per annum, reflecting £26.45 per sq ft
  • 8,515 sq ft with an excellent car parking ratio of 1:266
  • Long-term redevelopment potential
  • Price - £1,950,000 exclusive of VAT, reflecting a net initial yield of 10.88%

Description

Prestigious single-let office investment.

1 Queen's Cross is a prominent detached office building laid out over lower ground, ground, first and attic floors. To the rear of the property is a high quality modern extension fitted out to provide a banking hall with open plan office accommodation. The property benefits from 32 car parking spaces providing an excellent parking ratio of 1:266 sq ft.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

1 Queen's Cross, Aberdeen, Scotland, AB15 4XU

NEAREST STATIONS

National Rail

Aberdeen Station

1.04 miles

National Rail

Dyce Station

5 miles

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Disclaimer - Property reference 14762FH. 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.