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Available immediately

Offers over

£2,100,000

(£246.62/sq. ft)

Office for sale

1 Queen's Cross, Aberdeen, Scotland AB15
8,515 sq. ft

Offers over

£2,100,000

(£246.62/sq. ft)

Office for sale
1 Queen's Cross, Aberdeen, Scotland AB15

    • 8,515 sq. ft

Available immediately

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 5.51 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 - £2,100,000 exclusive of VAT, reflecting a net initial yield of 10%

Prestigious single-let office investment.

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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