Offers over
£1,950,000
(£229.01/sq. ft)
Office for sale1 Queen's Cross, Aberdeen, Scotland AB15
8,515 sq. ft
About this property
Outstanding single-let office and banking hall
Strong tenant covenant, Clydesdale Bank plc T/A Virgin Money
Break option recently removed, providing 4.7 years unexpired
Very low risk CreditSafe rating of 86A
Passing rent of £225,250 per annum, reflecting £26.45 per sq ft
8,515 sq ft with an excellent car parking ratio of 1:266
Long-term redevelopment potential
Price - £1,950,000 exclusive of VAT, reflecting a net initial yield of 10.88%
1 Queen's Cross is a prominent detached office building laid out over lower ground, ground, first and attic floors. To the rear of the property is a high quality modern extension fitted out to provide a banking hall with open plan office accommodation. The property benefits from 32 car parking spaces providing an excellent parking ratio of 1:266 sq ft.
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£9,754 per month
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