Offers over
£4,500,000
(£54.40/sq. ft)
Office for saleThe Exchange No 1 & 2, Market Street, Aberdeen, Scotland AB11
82,726 sq. ft
Available immediately
About this property
Very prominent city centre location with striking views over Aberdeen harbour
Approximate total floor area of 82,726 sq ft (7,685 sq m)
Total current rental income of £930,320 per annum
Low risk tenants with a range of vacant refurbished suites
Asset management opportunities via lease regears and new lettings
Heritable interest (Scottish equivalent of English Freehold)
WAULT of 2.9 years to expiry (2.6 years to break)
Offers in excess of £4,500,000 are invited, reflecting a net initial yield of 19.40%
Low capital rate of £54.40 per sq ft provides an excellent opportunity to add value and create profit
High yielding office investment with immediate potential to add value
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