175, Union Street, Paddy Power Investment, Aberdeen, AB116BB
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- Prime City Centre Busy Thoroughfare Ground & Bsm Floor Let To Paddy Power Expiry: 11th November 2027 Passing Rent: £35,000p.a.x
- Occupiers in the vicinity include Primark, Barclays, HMV, Poundland, KFC and Lakeland. A Travelodge is close by as are a number of bars and restaurants.
- The property has been calculated to extend to following internal area; Ground: 101.64sqm (1,094sq ft) 1st: 87.89sqm (946sq ft) Total: 189.53sqm (2,040sq ft)
- The property comprises a mid-terraced retail space within a mixed use development of traditional granite construction surmounted by a pitched roof.
- The units are located within the heart of Union Street the Cityâ??s traditional commercial thoroughfare, in close proximity to the busy Union Street / Union Terrace junction
Description
** SALE BY AUCTION - 09 July 2026 - Timed Online Auction **
The property comprises a mid-terraced retail space within a mixed use development of traditional granite construction surmounted by a pitched roof. Benefitting from a prominent frontage, the property offers dual display windows flanking the partially recessed frontage of aluminium framed and glazed construction. Internally the property is fitted out in accordance with the tenants corporate specifications with floors overlaid in laminated timber with lighting provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling. The property has been partitioned to offer customer w.c and staff counter, with the basement floor accessed via a single staircase to the rear of the demise. The basement offers staff facilities, office and stores Area The property has been calculated to extend to following internal area; Ground: 101.64sqm (1,094sq ft) 1st: 87.89sqm (946sq ft) Total: 189.53sqm (2,040sq ft) Executive Summary The property is held on a full repairing and insuring head lease on the following terms; Tenant: Power Leisure Bookmakers Ltd t/a Paddy Power Expiry: 18th November 2027 Passing Rent: £35,000p.a.x Covenant: Power Leisure Bookmakers Limited Power Leisure Bookmakers Limited are a subsidiary of FTSE 100 Listed Flutter Entertainment plc. Flutter owns a number of the world's best known entertainment and gaming brands. Founded in 1988 Power Leisure currently trade from over 600 shops in the UK and Ireland. V.A.T The vendor has opted to waive their option to tax, as such the transaction will be treated as a transfer of a going concern
The units are located within the heart of Union Street the Cityâ??s traditional commercial thoroughfare, in close proximity to the busy Union Street / Union Terrace junction and close to Union Terrace Gardens, currently benefitting from a circa £30M major regeneration. The Cityâ??s Shopping Centres are all within walking distance as are the rail and bus stations. Occupiers in the vicinity include Primark, Barclays, HMV, Poundland, KFC and Lakeland. A Travelodge is close by as are a number of bars and restaurants.
Auction Details
09 July 2026, 10am-3pm
Timed Online Auction
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175, Union Street, Paddy Power Investment, Aberdeen, AB116BB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Aberdeen Station0.2 miles
- Dyce Station5.4 miles
Notes
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