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121 Union Street

2758  sq ft

Nestled between McDonalds and Taco Bell, this central unit is in a busy footfall area and benefits from Fresh Start Relief, which means no business rates for 12-months for the incoming tenant. Aberdeen's new £50million international street food market, which is under construction, is also located close by.

  • Monthly Rent:
    £4,166
  • Monthly Rates:
    £1,463
  • Fresh Start Relief:
    Yes
  • Location:
    Central
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At a glance

Prime central location
High street retail property
Next to McDonalds

Incentives

Empty shops grant
12-months rate free

About

This is another unit set to benefit from the enormous public investment taking place around it.

This high street retail property comprises a ground floor retail unit (1,286 sq ft), with two basements below. The ground floor comprises a retail/sales area with prominent frontage onto Union Street. 

The basement comprises generous storage areas as well as a staff area and W/C.

The property qualifies for Fresh Start Relief, meaning an incoming tenant will pay no business rates for the first 12-months of their tenancy.

The annual rent on this property is £50,000 ex VAT, which may be applicable. The current annual rateable value is £32,250.

Location

Situated within the central stretch of Union Street, this unit is located between the junctions of Bridge Street and Market Street.

Nearby is The Trinity Shopping Centre which provides parking provisions and the newly refurbished Union Terrace Gardens is across the road.

Aberdeen's new £50million international street food market, which is under construction, is also located close by.

Additional Notes

If you are a Small to Medium Sized Enterprise (SME) you could also qualify for a Business Energy Scotland cash-back grant of up to £30,000 if you are installing energy efficiency or renewable heat measures.

121 Union Street retail
Artist impression: Retail (AI generated)
121 Union Street hospitality
Artist impression: Hospitality (AI generated)

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