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187 Union Street

2211  sq ft

This long-established retail unit sits at the heart of Union Street, where north meets south, benefitting from strong footfall as a result. Surrounding occupiers include Santander, Geek Retreat, Merkur Slots, Chaophraya and KFC. The owner of this unit would also consider selling it for a bid in the region of £225,000.

  • Monthly Rent:
    £2,083
  • Monthly Rates:
    £1,110
  • Fresh Start Relief:
    No
  • Location:
    Music Hall
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At a glance

Busy footfall area
Parking nearby
Established retail site

Incentives

Empty shops grant

About

This Union Street property is nestled between its junctions with Bridge Street and Crown Street and comprises a ground floor retail unit (1,571 sq ft) and a basement (640 sq ft).

It benefits from a large shop front with double display windows and a central customer entrance, and may also be suitable for an Empty Shops Grant from Aberdeen City Council, subject to conditions being met.

The ground floor provides a large open sales area, with the basement being utilised for storage and staff purposes by current occupiers, Edinburgh Woolen Mill.

Union Terrace Gardens which has recently undergone a £28.3m refurbishment is nearby and provides further footfall to the area.

The annual rent on this property is £25,000 ex VAT, which may be applicable. The annual rateable value is £26,750.

Location

This unit sits between Aberdeen Music Hall and Union Terrace Gardens and benefits from strong footfall throughout the day.

It is surrounded by established high street names, including Lakeland, Caffe Nero, KFC, Santander, Anne Summers and Chaophraya.

There is parking nearby and the unit is also located next to one of the city centre's arterial bus routes.

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.

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