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The Exchange, 2nd Floor, Market Street

From
£7,647 pcm
£91,764 pa

£20.01 per sq. ft.

Business rates & charges may apply

CBRE Limited (Scotland), Aberdeen
SIZE AVAILABLE
4,588 sq. ft.
(426 sq. m.)
SECTOR
Office to lease

Lease details

Lease type:
Long term

Key features

  • Flexible floor plate, largely on open plan with boardroom, three meeting rooms / individual offices, store room and copy room
  • Two pipe VRV comfort cooling/heating, with ceiling mounted fan coil units
  • Metal raised access floors and suspended ceiling system
  • 2 x 10 person passenger lifts
  • Commissionaire manned reception are

Property description

LOCATION

The Exchange is located on the west side of Market Street, overlooking the busy harbour area, in the heart of the city centre. This central location provides easy access to public transport and benefits from being close to Union Street, Aberdeen's main commercial thoroughfare, and immediately adjacent to the 700,000 sq ft Union Square shopping and leisure centre.

Aberdeen's principal bus and rail stations are conveniently placed immediately to the rear of the property.

Surrounding occupiers include Sodexo, John Crane, Tidewater, Gulfmark, Solstad Offshore, ODE Asset Management and Programme Marine.

DESCRIPTION

The Exchange provides high quality office accommodation arranged over ground and eight upper floors and is split between two buildings. The subjects comprise part of the 2nd Floor of Exchange No.1.

The suite benefits from a high quality existing fit out and includes the following specification:

- Flexible floor plate, largely on open plan with boardroom, three meeting rooms / individual
offices, store room and copy room
- Two pipe VRV comfort cooling/heating, with ceiling mounted fan coil units
- Metal raised access floors and suspended ceiling system
- Male, female and accessible WCs
- Shower facilities + Commissionaire manned reception area
- CCTV system for the building
- 2 x 10 person passenger lifts

ACCOMMODATION

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

Part 2nd Floor - 4,588 sq ft

Alternatively, our client would be willing to vacate the whole of the 2nd Floor extending to c. 845.4 sq m (9,100 sq ft)

CAR PARKING

6 car parking spaces.

LEASE TERMS

The property is held on a Full Repairing and Insuring lease expiring 9 March 2028, incorporating a tenant only break option on 10 March 2023.

Our client is ideally seeking a sub-tenant until their break option in March 2023 but consideration may be given to shorter, flexible sub-leases

RENT

£91,760 per annum, exclusive of VAT.

SERVICE CHARGE

Any ingoing tenant will be responsible for a service charge in relation to the maintenance, repair, servicing and management of the common internal and external parts of the building and the development. A service charge budget can be provided to interested parties on application

RATEABLE VALUE

The 2nd Floor has a Rateable Value of £201,000, effective from 1 April 2017. The subjects will require to be reassessed if split. An estimate can be provided to interested parties on application.

VAT

All figures quoted are exclusive of VAT

ENERGY PERFORMANCE CERTIFICATE (EPC)

The property has a rating of C 43. Full documentation can be provided on request

LEGAL COSTS

Each party will be responsible for their own legal costs in documenting the transaction. The ingoing tenant will be responsible for any LBTT and Registration Dues, if applicable.

VIEWING & FURTHER INFORMATION

Please contact the sole letting agent.

Brochures

The Exchange, 2nd Floor, Market Street

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aberdeen Station0.1 miles
  • Dyce Station5.6 miles

About the agent

CBRE Limited (Scotland), Aberdeen

No.1 Albyn Terrace, Aberdeen, AB10 1YP

CBRE Limited (Scotland), Aberdeen
More properties from this agent

Notes

These notes are private, only you can see them.

Disclaimer - Property reference TheExchange2ndFloor. 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 CBRE Limited (Scotland), 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.

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