Retail / Cafe Investment
- Offers Over £95,000
- 539.00 ft²
Key Information
- Located on the popular Rosemount Place
- Let at a rent of £9,600 per annum until 31/01/2028 (with tenant break option at 01/02/2026)
- Tenant has fitted out the premises
- Offers over £95,000 exc. VAT, reflecting a net initial yield of 9.93%
Property Description
The property comprises part of the ground floor within a four story and basement building of granite construction with a slate covered roof. Internally, the premises have been fitted out as a café. The property is let to Fearless Coffee Ltd on Full Repairing and Insuring (FRI) lease subject to a schedule of condition until 31 January 2028 at a rent of £9,600 per annum. There is a tenant only break option on 1 February 2026 subject to three months prior written notice. Offers over £95,000 excluding VAT are sought for our client's heritable interest in the building. A purchase at this level would show a net initial yield of 9.93% after deduction of purchaser's costs and LBTT.
The property is located on the prime south side of Rosemount Place, a popular suburban shopping/residential area which lies approximately 1 mile north of Aberdeen City Centre. Nearby occupiers include: Rosemount Market, TaxAssist Accountants, Gourmet Cheese Co, Sharps and The Co-Op.
Agent Details
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