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252A Union Street

1335  sq ft

This west end retail unit is located in one of the busiest parts of Union Street, near to two Grade A office developments and some of the UK's biggest high street names. This ground and basement floor unit has a modern fully-glazed frontage, and could further benefit from Aberdeen City Council's Empty Shops Grant Scheme.

  • Monthly Rent:
    £1,333
  • Monthly Rates:
    £550
  • Fresh Start Relief:
    Yes
  • Location:
    West End
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At a glance

Busy footfall location
High street retail property
Class 3 consent granted
Parking nearby

Incentives

Empty shops grant
12-months rate free

About

This ideally-located unit offers low cost entry to Union Street in a section of the street which benefits from strong weekday footfall.

The unit itself comprises a ground floor retail space (586 sq ft) with a basement (749 sq ft) contained within a four-storey mid-terraced tenement. 

The property is of granite construction and benefits from a modern fully glazed frontage and a single recessed entrance door. 

The ground floor provides a fantastic open plan sales area, the basement offers additional open plan space with tea prep, W/C facilities and storage space.

The property benefits from low rent, low business rates, and is eligible Aberdeen City Council's Empty Shops Grant Scheme.

The annual rent of this property is £16,000 ex VAT, which may be applicable. The current annual rateable value is £16,000.

Location

The west end of Union Street is thriving once more thanks to two major Grade A office developments - the Silver Fin and the Capitol.

These offices are home to thousands of workers from companies include Shell, RSM Accountants and PwC.

There are three major car parks within short walking distance, and nearby occupiers include Six by Nico, Pret, Cruise, Pizza Express, Starbucks and Soul Bar. There are also a number of thriving independent retailers in this section of the street.

Additional Notes

If this property will be your sole business property, you may be eligible for further rates relief under the Small Business Bonus Scheme. The letting agent will explain this further.

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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