Britton Property.
Investment For Sale
51-53 Huntly Street, Aberdeen AB10 1TH
Mixed use investment opportunity
Located in the heart of Aberdeen City Centre
Passing rent of £59,820 per annum
Active planning consent for residential conversion across the second and third floors
Private Car Park
Price: O/O £495,000
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
51-53 Huntly Street is situated in the heart of the city centre close to Union Street, Aberdeen’s traditional retail pitch. The property’s location benefits from numerous bus services serving the city centre and Aberdeen’s main railway and bus station are just a short walk away. The subjects are well placed for a wide range of amenities that include cafes, shops, restaurants and bars.
Occupiers in the vicinity include; Centrum Serviced Offices, Dana Petroleum, Deloitte LLP and Fifth Ring.
The property comprises a 4 storey granite stone building arranged over basement, ground and 3 upper floors to provide a restaurant, hairdresser and office suite with 1 flat above. The property benefits from a secure gated parking for up to 13 cars (4 spaces are let to Gavin Bain & Company).
There is active planning consent for residential conversion across the 2nd and 3rd floors.
Offers over £495,000 are sought.
On application.
Our client has opted to waive exemption for VAT. The transaction will be treated as a Transfer of a Going Concern (TOGC).
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.