West End Retail Unit

• Popular West End Location
• Price: Offers over £100,000
• Rent: Offers over £11,000 per annum
• VAT Free

LOCATION

The property is located on Thistle Street, within the popular West End retail and business area of Aberdeen city centre. Union Street, Aberdeen’s principle commercial thoroughfare is a short distance to the south. Nearby occupiers include Laurie and Co, Flower Vogue and Bellino.

DESCRIPTION

 The subjects comprise a ground floor retail premises forming the ground floor of a traditional, mid terraced, 3 storey building of granite construction under a pitched and slated roof. The upper floors of the building are in residential use. The shop front is single glazed.

Internally the shop comprises ground floor sales area, decorated to a good standard with store room/office to the rear together with a small staff kitchenette and WC.

The property benefits from 1 car parking space.

FLOOR AREAS

The subjects provide the following net internal floor area, measured in accordance with the RICS Code of Measuring Practice (Sixth Edition)

Ground Floor                           41.73 sq m       (449 sq ft)

PRICE

Offers over £100,000

RENT

Our client may also consider leasing the property at offers over £11,000 per annum

VAT

The shop has not been opted to tax but the parking space has been. VAT will only be payable on the rent or price insofar as relating to the parking space

RATING ASSESSMENT

The valuation role shows a proposed rateable value of £8,700 with effect from 1^st April 2023

The Uniform Business Rate for the year 2023/2024 is 49.8p in the £. Water and waste water rates are also payable.

The ingoing occupier may qualify for 100% rates relief through the Small Business Bonus Scheme

ENERGY PERFORMANCE CERTIFICATE

The property has an EPC rating of F.

Full documentation is available upon request.

ENTRY

Upon conclusion of all legalities

LEGAL COSTS

Each party to bear their own costs in relation to the transaction. The ingoing occupier will be responsible for payment of LBTT and registration dues if applicable.

OFFERS / VIEWING

All offers should be submitted in writing to the sole agents who will also make arrangements to view.