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373 Union Street

2779  sq ft

Currently fitted as a hair and beauty salon, 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. The property also comes with 12-months rate free through the Fresh Start Relief scheme.

  • Monthly Rent:
    £2,500
  • Monthly Rates:
    £1,318
  • Fresh Start Relief:
    Yes
  • Location:
    West End
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At a glance

West end location
High footfall office area
High street retail property
Fitted as a salon

Incentives

Empty shops grant
12-months rate free

About

If you are looking for a unit located near busy offices, 373 Union Street could be the perfect space for your business. High-end restaurant chain Six by Nico is located next door.

Internally, the property is currently fitted as a hair and beauty salon. There is a small tea prep, storage/mixing room and customer toilets located within the main salon. 

To the rear of the salon there is office accommodation together with staff room, staff toilet and storage.

The property benefits from 12-months rate free due to Fresh Start Relief, and is eligible for Aberdeen City Council's Empty Shops Grant Scheme, subject to conditions.

The landlord would also consider selling this unit for offers in the region of £250,000.

The annual rent on this property is £30,000 ex VAT, which may be applicable. The current annual rateable value is £31,750.

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 including 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 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.

373 Union Street Retial
Artist impression: Retail (AI generated)
373 Union Street Hospitality
Artist impression: Hospitality (AI generated)

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