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Haudagain Retail Park, Great Northern Road, Landmark Retail Investment, Aberdeen, AB242BQ

Guide Price
£1,882,000

Business rates & charges may apply

Future Property Auctions, Glasgow
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SECTOR

Commercial property for sale

Key features

  • PRIME INVESTMENT***INCOME PRODUCING Well established 4 Unit tenanted development in excellent, high profile trading location adjacent to major city roundabout. Current rent: £242,000 per annum
  • The development comprises 4 units comprising two drive thruâ??s and 2 standalone retail units, all of modern construction. The scheme also benefits from 76 car spaces.
  • Benefits from a diverse and resilient tenant line-up, anchored by internationally recognised quick-service restaurant operators KFC & Taco Bell, alongside strong national and specialislist retailers.
  • PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** Total income currently £242,000 per annum giving a Net initial yield 8.2%
  • IDEAL LOCATION located on Great Northern Road in Aberdeen, occupies a highly prominent position at the Haudagain Roundaboutâ??one of the cityâ??s busiest and most strategically important junctions.

Description


** SALE BY AUCTION - 09 July 2026 - Timed Online Auction **

ENHANCED TERMS OFFERED ON THIS LOT...
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 1% of Sale Price (Min £3250 ?)

Unit 1 American Golf (Trading) Ltd Term: 05/07/1999 to 28/11/2029 Size: 277.42sq m 2,986sq ft Rent: £45,000 per annum Unit 2 Pets & Care Limited Term: 01/09/2023 to 31/08/2038 Tenant Break clause: 31/08/2028 and 31/08/2033 Rent Reviews: 5 Yearly Size: 328.71sq m 3,538sq ft Rent: £30,000 per annum Landlord holds rent deposit of £7,500 VAT (for 5 years). Service Charge Cap. Schedule of Condition Unit 3 Clokken Ltd (KFC Drive Thru) Term: 23/08/1999 to 31/05/2043 Rent Reviews: 5 Yearly Size: 229.92sq m 2,475sq ft Rent: £97,000 per annum Fixed increases to £109,746.57 (2028) and £124,168.14 (2033) and £140,484.82 (2038). Lease guaranteed by KFC (GB) Ltd. Annual Service Charge Cap equating to 5% of the annual rent. Unit 4 Taco-Time (SC) Ltd (Taco Bell Drive Thru) Term: 10/05/2021 to 10/05/2041 Tenant Break clause: 09/05/2031 Rent review: 5 Yearly Size: 184.88sq m 1,990sq ft Rent: £70,000 per annum Lease guaranteed by Alderforce SC LimitedService Charge Cap. TOTALS 1,020.93sq m 10,989sq ft Total Rent: £242,000 per annum Potential for further drive thru / drive to development.

Great Northern Road in Aberdeen is a significant arterial route running northâ??south through the northern part of the city, extending for roughly 3.7 kilometres and linking several key districts including Woodside, Kittybrewster and areas toward Bridge of Don. It connects with major routes such as the A92 (North Anderson Drive) and provides direct access toward the city centre as well as onward routes to Dyce and the wider Aberdeenshire region, making it a well-trafficked and strategically important corridor. The road is characterised by a mixed-use environment, combining dense residential tenements and flats with a variety of commercial occupiers including retail units, takeaways, and leisure premises. In areas such as Woodside, properties benefit from proximity to everyday amenities like supermarkets, healthcare facilities, schools, and community centres, as well as nearby green space such as Stewart Park. This blend of uses, alongside established neighbourhoods, creates consistent local footfall in addition to passing vehicular traffic.

Auction Details
09 July 2026, 10am-3pm
Timed Online Auction

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Haudagain Retail Park, Great Northern Road, Landmark Retail Investment, Aberdeen, AB242BQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aberdeen Station2.6 miles
  • Dyce Station2.9 miles

About Future Property Auctions, Glasgow

241 Kilmarnock Road, Glasgow, G41 3JF

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”