229, Union Street, Chaiiwala, Aberdeen, AB116BQ
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first floor and basement in EXCELLENT TRADING POSITION.Let to Chaiiwala producing £20,000 per annum with 7 years unexpired.
- Held in a Renfield repairing and shooting head lease expiring 19 May 2034 at a current passing rent of £20,000 per annum. The tenant has an option to determine on the 19th of May 2029
- Property offers a dual frontage with entrance doors lead to a primarily open plan retailing space with customer seating. Partitions to the rear to create staff facilities, WC facilities and stores.
- The tenant also utilities basement and first floors for further storage space and capability for expansion. Ground: 129.8sqm (1,397sq ft) Bsm:73.9sqm (795sq ft) 1st: 132.1sqm (1,422sq ft)
- PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £20,000 PER ANNUM
Description
** SALE BY AUCTION - 23 July 2026 - Timed Online Auction **
INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first floor and basement in EXCELLENT TRADING POSITION.Let to Chaiiwala producing £20,000 per annum with 7 years unexpired. Held in a Renfield repairing and shooting head lease expiring 19 May 2034 at a current passing rent of £20,000 per annum. The tenant has an option to determine on the 19th of May 2029 Property offers a dual frontage with entrance doors lead to a primarily open plan retailing space with customer seating. Partitions to the rear to create staff facilities, WC facilities and stores. The tenant also utilities basement and first floors for further storage space and capability for expansion. Ground: 129.8sqm (1,397sq ft) Bsm:73.9sqm (795sq ft) 1st: 132.1sqm (1,422sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £20,000 PER ANNUM
Aberdeen is one of the fastest-growing cities in Scotland in recent years, driven by young professionals, international talent, and family in-migration. To this day it is still the undisputed energy capital of Europe â?? home to hundreds of oil & gas headquarters and a world-leading subsea engineering cluster. The city has seen a successful pivot into the energy transition: Aberdeen is now the UKâ??s largest hub for offshore wind (projects such as Seagreen, Neart na Gaoithe and the huge ScotWind leasing round), green hydrogen, carbon capture (Acorn CCS project), and floating wind innovation. Investment into the city includes the Aberdeen Harbour South expansion (one of Europeâ??s largest harbour projects) along with New Aberdeen Exhibition & Conference Centre with a wider £1 bn city-centre masterplan (new offices, homes, retail, public spaces). The city has Booming tech and digital cluster â?? OGTC (Net Zero Technology Centre), ONE CodeBase hub, and hundreds of energy-tech start-ups.
Auction Details
23 July 2026, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a FREE Auction Valuation.
229, Union Street, Chaiiwala, Aberdeen, AB116BQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Aberdeen Station0.3 miles
- Dyce Station5.3 miles
Notes
Disclaimer - Property reference 14509517. 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 Future Property Auctions, Glasgow. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Future Property Auctions, Glasgow on 0141 673 2362.
*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.”