Offers over
£1,450,000
(£124.59/sq. ft)
Property for sale1 -3 Albyn Terrace, Aberdeen AB10
11,638 sq. ft
Available immediately
About this property
Recently refurbished multi let office investment
Situated in the heart of Aberdeen's West End
Largely contemporary office space comprising 11,638 sq. Ft with 24 car parking spaces and 8 garages.
Multi-let with diversified business sector income including ground floor let to Handelsbanken
Let off re-based rents - fully substantiated by recent lettings activity
Recent landlord investment of over £250,000
Offers over £1,450,000 exc VAT, reflecting a net initial yield of 13.01%
The premises comprise an architecturally attractive Category B Listed building of granite and slate construction, together with a secure private car park and garages accessed via lane at the rear.
The building is made up of three interlinked terraced buildings with accommodation arranged
over four floors - lower ground, ground, first and second. The building largely offers open plan modern contemporary suites. There are toilet and kitchen facilities on all floors. The building has multiple access points on Albyn Terrace, Prince Arthur Street and rear, which provides some occupiers with an exclusive entrance.
The landlord has recently invested approx. £250,000 into the property including roof repaired and renewed, two new boilers and redecoration of the common areas.
A total of 24 car exclusive car parking spaces are provided with the property. The private car park at the rear provides 20 car spaces has a barrier entry system. Four additional car parking spaces are provided at the rear of the property. This provides an excellent car parking ratio of 1:485 sq. Ft.
There are eight lock-up garages within the site boundaries which are accessed from the lane to
the rear.
The building is made up of three interlinked terraced buildings with accommodation arranged
over four floors - lower ground, ground, first and second. The building largely offers open plan modern contemporary suites. There are toilet and kitchen facilities on all floors. The building has multiple access points on Albyn Terrace, Prince Arthur Street and rear, which provides some occupiers with an exclusive entrance.
The landlord has recently invested approx. £250,000 into the property including roof repaired and renewed, two new boilers and redecoration of the common areas.
A total of 24 car exclusive car parking spaces are provided with the property. The private car park at the rear provides 20 car spaces has a barrier entry system. Four additional car parking spaces are provided at the rear of the property. This provides an excellent car parking ratio of 1:485 sq. Ft.
There are eight lock-up garages within the site boundaries which are accessed from the lane to
the rear.
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